Direct Business Systems Limited in Gateshead, NE11 0RT

Description

Data updated on: 01-11-2023

This company named Direct Business Systems was created on Thu, 15th Aug 1991 as a Private Limited Company. The company's office can be contacted at Gateshead on 320e Mayoral Way, Team Valley. When you want to contact the firm by mail, its post code is NE11 0RT. The registration number for Direct Business Systems Limited is 02638228. The firm known today as Direct Business Systems Limited was known under the name Direct Business Systems (northern) up till Thu, 6th Mar 1997 when the name got changed. The company's SIC and NACE codes are 95110 and their NACE code stands for Repair of computers and peripheral equipment. Direct Business Systems Ltd reported its latest accounts for the financial period up to 2021/12/31. The firm's most recent annual confirmation statement was submitted on 2023/08/16.

Regarding this specific business, the full range of director's responsibilities have so far been done by George H. who was appointed in 1991. This business had been governed by Shaun O. up until 2006. What is more a different director, including Paul R. quit in 2007. Additionally, the director's duties are helped with by a secretary - Isobel H., who was chosen by this specific business in 2007.

Previous company's names
Direct Business Systems Limited 1997-03-06
Direct Business Systems (northern) Limited 1991-08-15

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	43 012	77 301	122 238	146 956	174 950

Balance Sheet
Cash Bank In Hand	51 616	61 807	53 936	64 112	112 503
Cash Bank On Hand					112 503	17 829	89 487	308 463	29 999	3 849	24 411	25 732
Current Assets	166 580	163 657	153 334	148 777	206 024	147 427	341 258	740 020	723 012	630 450	234 588	161 789
Debtors	85 106	63 818	61 240	36 245	52 646	80 255	200 614	304 682	530 865	561 742	175 318	102 456
Net Assets Liabilities					174 950	285 536	255 516	261 981	296 792	296 703	-215 164	-134 303
Net Assets Liabilities Including Pension Asset Liability	43 012	77 301	122 238	146 956	174 950
Other Debtors							116 031	248 206	433 605	456 094	11 681	12 123
Property Plant Equipment					56 623	156 003	154 092	152 616	150 529	148 558	146 688	145 118
Stocks Inventory	29 858	38 032	38 158	48 420	40 875
Tangible Fixed Assets	61 685	61 280	59 408	58 196	56 623
Total Inventories					40 875	49 343	51 157	126 875	162 148	64 859	34 859	33 601

Capital & Reserves
Called Up Share Capital	30 000	30 000	30 000	30 000	30 000
Profit Loss Account Reserve	13 012	47 301	92 238	116 956	144 950
Shareholder Funds	43 012	77 301	122 238	146 956	174 950

Other Financial Data
Amount Specific Advance Or Credit Directors				8 236	3 854	16 223	17 205
Amount Specific Advance Or Credit Made In Period Directors					96 445	99 369	103 982
Amount Specific Advance Or Credit Repaid In Period Directors					84 355	87 000	103 000
Accrued Liabilities					7 352	7 870	100 964
Accumulated Depreciation Impairment Property Plant Equipment					46 674	36 708	38 914	41 140	43 227	45 198	47 068	48 853
Additions Other Than Through Business Combinations Investment Property Fair Value Model						13 250
Amounts Owed By Associates Joint Ventures Participating Interests					521	521	88 241
Amounts Owed By Directors					3 854	16 223	25 849
Amounts Owed By Parent Entities					933	933	933
Average Number Employees During Period						12	7	8	8	8	5	3
Bank Borrowings					75 263	70 913	66 287	61 637	56 797	202 004	200 000	162 417
Bank Borrowings Overdrafts					4 204	4 352	7 032	56 973	51 957	182 164	157 000	119 417
Corporation Tax Payable					27 182	24 439	7 621
Creditors					71 059	66 561	59 255	56 973	51 957	182 164	157 000	119 417
Creditors Due After One Year		65 069	61 502	133 213	71 059
Creditors Due Within One Year	184 734	218 711	167 666	197 715	145 677
Fixed Assets	61 685	198 198	198 761	329 809	186 279	326 003	324 092	322 616	320 529	318 558	146 688
Increase From Depreciation Charge For Year Property Plant Equipment						1 059	2 206	2 226	2 087	1 971	1 870	1 785
Investment Property					129 656	170 000	170 000	170 000	170 000	170 000
Investment Property Fair Value Model					129 656	170 000	170 000	170 000	170 000	170 000
Net Current Assets Liabilities	-18 154	-55 054	-14 332	-48 938	60 347	45 694	8 074	15 399	44 098	179 685	-185 548	-140 721
Number Shares Allotted		30 000	30 000	30 000	30 000
Other Creditors							100 964	406 962	288 466	173 471	49 638	19 745
Other Increase Decrease In Provisions						18 854
Other Taxation Social Security Payable					26 186	25 329	52 729	115 956	63 487	31 703	51 517	76 398
Par Value Share		1	1	1	1
Prepayments					2 352	2 300	1 008
Property Plant Equipment Gross Cost					103 297	192 711	193 006	193 756	193 756	193 756	193 756	193 971
Provisions					617	19 600	19 176	19 061	15 878	19 376	19 304
Provisions For Liabilities Balance Sheet Subtotal					617	19 600	19 176	19 061	15 878	19 376	19 304	19 283
Provisions For Liabilities Charges	519	774	689	702	617
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment						-11 025
Secured Debts	2 339	68 189	64 622	140 365	75 263
Share Capital Allotted Called Up Paid	30 000	30 000	30 000	30 000	30 000
Tangible Fixed Assets Additions		1 702	2 435	541	1 566
Tangible Fixed Assets Cost Or Valuation	101 054	102 756	102 756	103 297	129 656
Tangible Fixed Assets Depreciation	39 369	41 476	43 348	45 101	46 674
Tangible Fixed Assets Depreciation Charged In Period		2 107	1 872	1 753	1 573
Tangible Fixed Assets Disposals					143 523
Total Additions Including From Business Combinations Property Plant Equipment						1 206	295	750				215
Total Assets Less Current Liabilities	43 531	143 144	184 429	280 871	246 626	371 697	333 947	338 015	364 627	498 243	-38 860	4 397
Total Increase Decrease From Revaluations Property Plant Equipment						88 208
Total Increase Decrease In Provisions						129		-115
Trade Creditors Trade Payables					80 753	39 743	164 838	197 039	322 121	225 751	275 981	163 367
Trade Debtors Trade Receivables					44 986	60 278	84 583	47 476	88 260	96 648	151 514	75 711
Additional Provisions Increase From New Provisions Recognised										3 498	-72
Advances Credits Directors	8 340	504	234	8 236	3 854
Advances Credits Made In Period Directors	97 446	82 156		66 215
Advances Credits Repaid In Period Directors	88 000	91 000		74 216
Disposals Investment Property Fair Value Model											170 000
Increase Decrease In Existing Provisions Recognised In Profit Or Loss									-3 183