Future Generation Solutions Limited in London, E1 7HP

Description

Data updated on: 01-11-2023

Started with Reg No. 07422478 14 years ago, Future Generation Solutions Limited was set up as a Private Limited Company. The active registration address is 22-23 Widegate Street, London. The company's SIC and NACE codes are 46510 meaning Wholesale of computers, computer peripheral equipment and software. Future Generation Solutions Ltd reported its account information for the period that ended on 2023/01/31. The latest annual confirmation statement was submitted on 2023/01/18.

When it comes to the firm, the majority of director's responsibilities have so far been executed by Peter S. and Gillian W.. Amongst these two individuals, Gillian W. has been with the firm for the longest period of time, having been a member of the Management Board since November 2012.

Gillian W. is the individual with significant control over this firm, owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-10-31	2013-10-31	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2019-01-31	2020-01-31	2021-01-31	2022-01-31	2023-01-31
Currency
Net Worth	54 321	91 270	100 078	251 090	220 849

Balance Sheet
Cash Bank On Hand					202 606	111 368	231 489	225 997	205 829	617 150	132 129
Current Assets	323 012	671 563	1 026 956	1 123 063	951 226	1 058 866	2 317 875	1 569 901	847 921	1 163 856	1 107 085
Debtors	168 648	574 430	725 307	693 445	720 620	919 498	2 050 386	1 343 904	642 092	546 706	974 956
Net Assets Liabilities					220 849	122 295	140 673	304 171	353 614	290 682	266 860
Other Debtors	36 542	14 559			29 869	70 093	916 502	127 289	148 402	26 089	34 063
Property Plant Equipment					28 903	2 073	5 312	24 943	23 661	12 608	9 165
Total Inventories					28 000	28 000	36 000
Cash Bank In Hand	154 364	97 133	301 649	429 618	202 606
Net Assets Liabilities Including Pension Asset Liability	54 321	91 270	100 078	251 090	220 849
Stocks Inventory					28 000
Tangible Fixed Assets	36 510	74 875	137 912	85 014	28 903
Trade Debtors	132 106	559 871

Capital & Reserves
Called Up Share Capital	1 000	1 000	2 000	2 000	2 100
Profit Loss Account Reserve	-66 379	-29 430	-21 622	129 390	99 049
Shareholder Funds	54 321	91 270	100 078	251 090	220 849

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					72 484	7 154	10 913	14 668	32 233	49 842	61 654
Additions Other Than Through Business Combinations Property Plant Equipment						698	6 998	29 481	16 283	6 556	8 369
Administrative Expenses	551 838					957 046	1 259 204	941 543	1 037 348
Amounts Owed By Group Undertakings Participating Interests							39 911	37 167	50 442	166 090	156 561
Average Number Employees During Period					7	8	11	11	8	9	8
Cost Sales	2 355 586					4 403 707	7 587 347	6 211 065	5 479 278
Creditors					753 499	938 250	2 181 719	1 286 148	513 443	883 600	847 863
Dividends Paid						160 004	33 334	4 000	104 000
Fixed Assets						2 073	5 526	25 157	23 875	12 822	9 379
Gross Profit Loss	665 326					1 039 634	1 331 095	1 149 853	1 227 573
Increase From Depreciation Charge For Year Property Plant Equipment						27 528	3 759	9 850	17 565	17 609	11 812
Interest Payable Similar Charges Finance Costs							-101
Investments Fixed Assets							214	214	214	214	214
Investments In Group Undertakings							214	214	214	214	214
Net Current Assets Liabilities	17 811	16 395	-10 252	183 079	197 727	120 616	136 156	283 753	334 478	280 256	259 222
Operating Profit Loss	16 013					82 588	71 891	208 310	190 225
Other Creditors					12 018	131 111	48 411	129 496	56 852	17 421	-20 491
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment						92 858		6 095
Other Disposals Property Plant Equipment						92 858		6 095
Other Interest Receivable Similar Income Finance Income							1 030	975	53
Profit Loss						61 450	51 712	167 498	153 443
Profit Loss On Ordinary Activities Before Tax	16 014					82 588	73 022	209 285	190 278
Property Plant Equipment Gross Cost					101 387	9 227	16 225	39 611	55 894	62 450	70 819
Provisions For Liabilities Balance Sheet Subtotal					5 781	394	1 009	4 739	4 739	2 396	1 741
Taxation Social Security Payable					139 289	84 392	47 382	2 830	57 835	57 676	127 316
Tax Tax Credit On Profit Or Loss On Ordinary Activities						21 138	21 310	41 787	36 835
Total Assets Less Current Liabilities		91 270	127 660	268 093	226 630	122 689	141 682	308 910	358 353	293 078	268 601
Trade Creditors Trade Payables					602 192	722 747	2 085 926	1 153 822	398 756	808 503	741 038
Trade Debtors Trade Receivables					690 751	849 405	1 093 973	1 179 448	443 248	354 527	784 332
Turnover Revenue						5 443 341	8 918 442	7 360 918	6 706 851
Creditors Due Within One Year	305 201	655 168	1 037 208	939 984	753 499
Number Shares Allotted		1 000	325	325	26
Par Value Share		1	1	1	1
Provisions For Liabilities Charges			27 582	17 003	5 781
Share Capital Allotted Called Up Paid	1 000	1 000	325	325	26
Share Premium Account	119 700	119 700	119 700	119 700	119 700
Tangible Fixed Assets Additions		7 504	94 989	4 996	600
Tangible Fixed Assets Cost Or Valuation	57 449	81 198	176 187	181 183	101 387
Tangible Fixed Assets Depreciation	20 939	6 323	38 275	96 169	72 484
Tangible Fixed Assets Depreciation Charged In Period		3 865	31 952	57 894	55 611
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		23 481			79 296
Tangible Fixed Assets Disposals		44 355			80 396
Director Remuneration	50 440	233 175
Depreciation Impairment Reversal Tangible Fixed Assets	20 598	8 865
Distribution Costs	97 475
Operating Leases Expiring Between Two Five Years	18 000	18 000
Other Creditors Due Within One Year	29 190	116 839
Other Interest Receivable Similar Income	1
Other Taxation Social Security Within One Year	81 999	61 981
Profit Loss For Period	16 014
Trade Creditors Within One Year	194 012	476 348
Turnover Gross Operating Revenue	3 020 912