Digitech Solutions Global Limited in Luton, LU1 1TR

Description

Data updated on: 01-11-2023

Digitech Solutions Global Limited is a Private Limited Company, with headquarters in The Business Centre, Unit 1 Finway, Luton. It's post code is LU1 1TR. The company 's been 18 years on the British market. The Companies House Reg No. is 05821246. This firm's classified under the NACE and SIC code 61900 and their NACE code stands for Other telecommunications activities. Tue, 31st May 2022 is the last time the accounts were reported.

Having six recruitment advert since 19th November 2014, the enterprise has been active on the labour market. On 24th October 2016, it started looking for candidates for a Finance Assistant position in Luton, and on 19th November 2014, for the vacant position of a Java/PHP Developer in Luton. They seek applicants for such positions as for instance: Customer Service & Operations Manager, Developer and Web Designer.

Stephen F. is the following company's only director, who was arranged to perform management duties 2 years ago. Since July 2016 Shiraz J., had been managing the firm till the resignation in February 2022. Furthermore a different director, namely Stephen F. resigned in October 2016.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-05-31	2012-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency
Net Worth	564 164	1 626 391	1 682 380	1 703 595	1 733 973	1 735 137

Balance Sheet
Cash Bank On Hand							18 758	26 312	66 281	60 602	42 722	4 105	1 478
Current Assets	210 101	50 145	332 128	467 272	246 540	310 006	270 966	189 058	142 734	249 327	242 991	186 615	92 199
Debtors	130 522	22 269	314 688	451 744	244 720	306 128	252 208	162 746	76 453	188 725	200 269	182 510	90 721
Net Assets Liabilities							1 228 062	1 178 959	1 044 634	1 155 419	1 152 219	1 104 608	989 697
Other Debtors							868	995		3 706	10 000
Property Plant Equipment							23 504	14 438
Cash Bank In Hand	79 579	27 876	15 625	13 708	17 687	3 878
Intangible Fixed Assets	700 000	1 550 000	1 550 000	1 550 000	1 550 000	1 550 000
Net Assets Liabilities Including Pension Asset Liability	564 164	1 626 391	1 682 380	1 703 595	1 733 973	1 735 137
Stocks Inventory			1 815	1 820	1 820
Tangible Fixed Assets	22 316	397 324	316 912	240 986	195 056	109 061

Capital & Reserves
Called Up Share Capital	510 001	1 559 118	1 559 118	1 559 118	1 559 118	1 559 118
Profit Loss Account Reserve	54 163	67 273	123 262	144 477	174 855	176 019
Shareholder Funds	564 164	1 626 391	1 682 380	1 703 595	1 733 973	1 735 137

Other Financial Data
Amount Specific Advance Or Credit Directors											10 000
Amount Specific Advance Or Credit Made In Period Directors											10 000
Accumulated Depreciation Impairment Property Plant Equipment							468 658	477 724	486 531	491 736	499 616	514 662	514 682
Administrative Expenses							105 063	37 182	72 345	54 614	27 961	28 040	185 191
Comprehensive Income Expense							1 675	-49 103	-134 325	110 785	-3 200	-47 611	-116 911
Cost Inventories Recognised As Expense Gross							167 059	117 014	68 698	133 250	27 848	29 523	37 184
Cost Sales							167 059	117 014	68 698	133 250	27 848	29 523	37 184
Creditors							488 305	488 305	488 305	488 305	538 305	529 139	532 981
Depreciation Expense Property Plant Equipment							86 409	9 066	8 807	5 205	7 880	15 046	20
Distribution Costs											11 690	8 893
Fixed Assets	858 316	2 083 324	1 866 912	1 790 986	1 745 056	1 659 061	1 573 504	1 471 438	1 462 631	1 457 426	1 469 821	1 454 775	1 454 985
Gross Profit Loss							-144 665	-107 921	-61 980	165 399	37 007	-10 084	68 280
Increase Decrease In Property Plant Equipment											22 500		230
Increase From Depreciation Charge For Year Property Plant Equipment								9 066	8 807	5 205	7 880	15 046	20
Intangible Assets							1 550 000	1 457 000
Intangible Assets Gross Cost							1 550 000	1 457 000	1 457 000	1 457 000	1 454 775	1 454 775
Intangible Assets Including Right-of-use Assets								1 457 000	1 457 000	1 457 000	1 454 775	1 454 775	1 454 775
Interest Expense											556	594
Interest Payable Similar Charges Finance Costs											556	594
Issue Equity Instruments									1 559 118				2 000
Net Current Assets Liabilities	207 604	37 171	304 202	404 201	477 222	564 381	142 863	195 826	70 308	186 298	220 703	178 972	67 693
Number Shares Issued Fully Paid								1 559 118	1 559 118	1 559 118	1 559 118	1 559 118	1 559 118
Operating Profit Loss										110 785	-2 644	-47 017	-116 911
Other Creditors							112 492	-6 768	38 032
Other Operating Income Format1							251 403	96 000
Other Remaining Borrowings									488 305	488 305	538 305	529 139	532 981
Par Value Share								1	1	1	1	1	1
Profit Loss							1 675	-49 103	-134 325	110 785	-3 200	-47 611	-116 911
Profit Loss On Ordinary Activities Before Tax							1 675	-49 103	-134 325	110 785	-3 200	-47 611	-116 911
Property Plant Equipment Gross Cost							492 162	492 162	492 162	492 162	514 662	514 662	514 892
Property Plant Equipment Including Right-of-use Assets								14 438	5 631	426	15 046		210
Taxation Social Security Payable							13 579		19			-500	-500
Total Assets Less Current Liabilities	1 065 920	2 120 495	2 171 114	2 195 187	2 222 278	2 223 442	1 716 367	1 667 264	1 532 939	1 643 724	1 690 524	1 633 747	1 522 678
Trade Creditors Trade Payables									34 375	63 029	17 856	5 788	23 071
Trade Debtors Trade Receivables							128 637	157 083	74 930	183 408	177 583	170 833	90 721
Turnover Revenue							22 394	9 093	6 718	298 649	64 855	19 439	105 464
Average Number Employees During Period										1
Accruals Deferred Income				3 287
Creditors Due After One Year	478 305	488 305	488 305	488 305	488 305	488 305
Creditors Due Within One Year	2 497	12 974	27 926	63 071
Intangible Fixed Assets Additions		850 000
Intangible Fixed Assets Cost Or Valuation	700 000	1 550 000	1 550 000	1 550 000	1 550 000	1 550 000
Investments Fixed Assets	136 000	136 000
Non-instalment Debts Due After5 Years			488 305	488 305
Other Debtors Due After One Year			314 688	451 744
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal			301 872		212 995	254 375
Provisions For Liabilities Charges	23 451	5 799	429	3 287
Tangible Fixed Assets Additions		392 974		4 687	37 845	1 945
Tangible Fixed Assets Cost Or Valuation	53 859	446 833	446 833	451 520	489 365	491 310
Tangible Fixed Assets Depreciation	31 543	49 509	129 921	210 534	294 309	382 249
Tangible Fixed Assets Depreciation Charged In Period		17 966	80 412	80 613	83 775	87 940