Destinet Limited in Harrier Way, Exeter, EX2 7HU

Description

Data updated on: 01-11-2023

Destinet Limited can be found at Harrier Way, Exeter at Bradley House. You can find the company by the area code - EX2 7HU. This company has been operating on the English market for 26 years. This enterprise is registered under the number 03679291 and their official status is active. The name of the company got changed in the year 1998 to Destinet Limited. This enterprise former name was Speed 7414. This business's SIC and NACE codes are 62090 which stands for Other information technology service activities. The business latest financial reports cover the period up to 2022-12-31 and the most recent annual confirmation statement was filed on 2022-11-20.

We have identified 2 councils and public departments cooperating with the company. The biggest counter party of them all is the Devon County Council, with over 10 transactions from worth at least 500 pounds each, amounting to £6,875 in total. The company also worked with the Barnet London Borough (2 transactions worth £1,295 in total). Destinet was the service provided to the Barnet London Borough Council covering the following areas: Subscriptions was also the service provided to the Devon County Council Council covering the following areas: It Licences, Advertising and Consultancy / Professional Fees.

We have a group of two directors controlling the company now, including Darren H. and Trevor M. who have been utilizing the directors duties since August 1, 2006. Moreover, the director's tasks are constantly backed by a secretary - Trevor M., who joined this specific company in April 2003.

Previous company's names
Destinet Limited 1998-12-24
Speed 7414 Limited 1998-12-04

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	38 061	9 120	13 373	79 569	101 434	27 684

Balance Sheet
Cash Bank In Hand	32 437	34 609	7	66 991	27 376	65 584
Cash Bank On Hand						65 584	62 335	262 836	87 080	113 897	404 415	481 283	468 693
Current Assets	104 854	89 659	57 057	133 270	85 851	76 723	72 555	321 623	222 938	308 146	650 104	623 110	831 210
Debtors	72 417	55 050	57 050	66 279	58 475	11 139	10 220	58 787	135 858	194 249	245 689	141 827	362 517
Intangible Fixed Assets	309 090	332 553	325 938	292 314	255 115	225 228
Net Assets Liabilities						27 684	69 490	128 683	109 887	212 810	320 552	312 907	395 368
Net Assets Liabilities Including Pension Asset Liability	38 061	9 120	13 373	79 569	101 434	27 684
Other Debtors						9 346	10 220	20 275	3 288	8 437	7 175	6 333	13 214
Property Plant Equipment						5 158	5 843	6 188	6 754	7 942	10 049	12 614	15 728
Tangible Fixed Assets	11 970	6 553	10 253	5 918	5 767	5 158

Capital & Reserves
Called Up Share Capital	1 177	1 177	1 177	1 177	1 177	1 177
Profit Loss Account Reserve	36 884	7 943	12 196	78 392	100 257	26 507
Shareholder Funds	38 061	9 120	13 373	79 569	101 434	27 684

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets						976 928	1 098 028	1 224 762	1 361 034	1 511 692	1 665 712	1 813 556	1 967 666
Accumulated Depreciation Impairment Property Plant Equipment						139 275	144 806	149 984	156 222	162 723	170 214	30 714	38 554
Amounts Owed By Group Undertakings								38 512	132 570	109 968	116 439	82 141	288 515
Average Number Employees During Period							15	13	12	11	10	13	11
Bank Borrowings Overdrafts								165 811	122 556	79 301	139 750	114 103	310 220
Creditors						233 958	216 087	165 811	122 556	79 301	182 250	156 603	352 207
Creditors Due After One Year			4 787	1 292
Creditors Due Within One Year	322 198	353 170	308 955	284 508	179 166	233 958
Dividends Paid							164 309
Fixed Assets	321 060	339 106	336 191	298 232	260 882	230 386	265 655	295 758	308 142	317 953	316 610	332 399	378 147
Increase From Amortisation Charge For Year Intangible Assets							121 100	126 734	136 272	150 658	154 020	147 844	154 110
Increase From Depreciation Charge For Year Property Plant Equipment							5 531	5 178	6 238	6 501	7 491	5 062	7 840
Intangible Assets						225 228	259 812	289 570	301 388	310 011	306 561	319 785	362 419
Intangible Assets Gross Cost						1 202 156	1 357 840	1 514 332	1 662 422	1 821 703	1 972 273	2 133 341	2 330 085
Intangible Fixed Assets Additions		106 601	128 311	100 398	87 354	133 743
Intangible Fixed Assets Aggregate Amortisation Impairment	336 659	419 797	554 723	688 745	813 298	976 928
Intangible Fixed Assets Amortisation Charged In Period		83 138	134 926	134 022	124 553	163 630
Intangible Fixed Assets Cost Or Valuation	645 749	752 350	880 661	981 059	1 068 413	1 202 156
Net Current Assets Liabilities	-217 344	-263 511	-251 898	-151 238	-93 315	-157 235	-143 532	52 702	-17 561	34 308	246 134	199 379	495 942
Number Shares Allotted		1 177	1 177	1 177	1 177	1 177
Number Shares Issued Fully Paid							1 177	1 177
Other Creditors						148 863	151 724	169 523	132 134	141 242	42 500	42 500	41 987
Other Taxation Social Security Payable						53 801	52 610	45 095	65 110	78 590	192 846	206 814	125 666
Par Value Share		1	1	1	1	1	1	1
Profit Loss							206 115
Property Plant Equipment Gross Cost						144 433	150 649	156 172	162 976	170 665	180 263	43 328	54 282
Provisions For Liabilities Balance Sheet Subtotal						45 467	52 633	53 966	58 138	60 150	59 942	62 268	126 514
Provisions For Liabilities Charges	65 655	66 475	66 133	66 133	66 133	45 467
Share Capital Allotted Called Up Paid	1 177	1 177	1 177	1 177	1 177	1 177
Tangible Fixed Assets Additions		818	10 970	1 176	6 799	3 647
Tangible Fixed Assets Cost Or Valuation	121 023	121 841	132 811	133 987	140 786	144 433
Tangible Fixed Assets Depreciation	109 053	115 288	122 558	128 069	135 019	139 275
Tangible Fixed Assets Depreciation Charged In Period		6 235	7 270	5 511	6 950	4 256
Total Additions Including From Business Combinations Intangible Assets							155 684	156 492	148 090	159 281	150 570	161 068	196 744
Total Additions Including From Business Combinations Property Plant Equipment							6 216	5 523	6 804	7 689	9 598	8 184	10 954
Total Assets Less Current Liabilities	103 716	75 595	84 293	146 994	167 567	73 151	122 123	348 460	290 581	352 261	562 744	531 778	874 089
Trade Creditors Trade Payables						31 294	11 753	11 047		3 277	6 998	3 976	1 586
Trade Debtors Trade Receivables						1 793				75 844	122 075	53 353	60 788
Amounts Owed To Group Undertakings										7 474	7 474	7 474	10 068
Disposals Decrease In Depreciation Impairment Property Plant Equipment												144 562
Disposals Property Plant Equipment												145 119
Increase Decrease Due To Transfers Between Classes Property Plant Equipment											-598
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment											-197