Futuretext Ltd in Harrow, HA1 3DL

Description

Data updated on: 01-11-2023

This particular Futuretext Ltd company has been operating on the market for at least 25 years, as it's been founded in 1999. Registered with number 03871493, Futuretext was set up as a Private Limited Company located in 26 Bessborough Road, Harrow HA1 3DL. Established as Sknow, this company used the name up till 2003, the year it got changed to Futuretext Ltd. This firm's Standard Industrial Classification Code is 62090 which means Other information technology service activities. Futuretext Limited reported its account information for the period that ended on 2022-12-31. The business latest confirmation statement was released on 2022-11-01.

Regarding to the company, many of director's duties have been performed by Geetha J. and Ajit J.. Within the group of these two people, Ajit J. has carried on with the company for the longest period of time, having been a vital addition to officers' team since November 1999.

Ajit J. is the individual who controls this firm, owns over 3/4 of company shares.

Previous company's names
Futuretext Ltd 2003-03-03
Sknow Ltd 1999-11-04

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	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-68 636	-69 938	-66 847	-63 395	-32 437

Balance Sheet
Cash Bank In Hand	1 369	549	322		1 987
Cash Bank On Hand					1 987				21 982	34 144	34 091	96 022
Current Assets	2 069	1 349	9 433	19 199	12 487	3 095	2 295		21 982	49 144	49 341	140 823
Debtors			8 611	18 799	10 000	2 295	2 295			15 000	15 250	44 801
Net Assets Liabilities					-30 697	-48 645	-48 353	-48 877	-26 452	-23 747	-27 879	3 666
Net Assets Liabilities Including Pension Asset Liability	-68 636	-69 938	-66 847	-32 974	-32 437
Other Debtors					17 295	2 295	2 295			15 000	15 250	44 801
Property Plant Equipment					291	202	519		533			4 713
Stocks Inventory	700	800	500	400	500
Tangible Fixed Assets	1 149	985	611	3 541	291
Total Inventories					500	800

Capital & Reserves
Called Up Share Capital	900	900	900	900	900
Profit Loss Account Reserve	-69 536	-70 838	-67 747	-33 874	-33 337
Shareholder Funds	-68 636	-69 938	-66 847	-63 395	-32 437

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					15 102	15 191	15 523	16 042	16 175	16 708	16 708	17 655
Average Number Employees During Period						1	1	1	1	2	2	2
Bank Borrowings Overdrafts					31 965	26 994	19 561	14 874	11 991	5 648	26 748	19 866
Creditors					31 965	26 994	19 561	14 874	11 991	5 648	53 648	134 871
Creditors Due After One Year	12 050	9 158	42 377	34 149	31 965
Creditors Due Within One Year	59 804	63 114	34 514	18 445	13 250
Increase From Depreciation Charge For Year Property Plant Equipment						89	332	519	133	533		947
Net Current Assets Liabilities	-57 735	-61 765	-25 081	-37 784	977	-21 853	-29 311	-34 003	-14 994	-18 099	25 769	133 824
Number Shares Allotted		900	900	900	900
Other Creditors					18 893	18 964	28 929	29 456	31 140	66 557	26 900	115 005
Other Taxation Social Security Payable					-88	1 906	1 478	1 707	5 836	686	-1	6 999
Par Value Share		1	1	1	1
Property Plant Equipment Gross Cost					15 393	15 393	16 042	16 042	16 708	16 708	16 708	22 368
Share Capital Allotted Called Up Paid	900	900	900	900	900
Tangible Fixed Assets Additions		398		3 900
Tangible Fixed Assets Cost Or Valuation	14 995	15 393	15 393	15 393
Tangible Fixed Assets Depreciation	13 846	14 408	14 782	15 752	15 102
Tangible Fixed Assets Depreciation Charged In Period		562	374	970	130
Total Additions Including From Business Combinations Property Plant Equipment							649		666			5 660
Total Assets Less Current Liabilities	-56 586	-60 780	-24 470	-34 243	-472	-21 651	-28 792	-34 003	-14 461	-18 099	25 769	138 537