G7 Business Solutions Limited in Watford, WD17 1DL

Description

Data updated on: 01-11-2023

G7 Business Solutions Limited with reg. no. 04345676 has been competing in the field for twenty three years. This particular Private Limited Company can be reached at Egale 1, 80 St Albans Road, Watford and its postal code is WD17 1DL. This business's registered with SIC code 62090 which stands for Other information technology service activities. G7 Business Solutions Ltd released its account information for the financial period up to 2022-12-31. The business most recent confirmation statement was submitted on 2023-10-19.

We have a number of two directors controlling this business right now, including James M. and Mark T. who have been executing the directors tasks since Sun, 6th Apr 2014.

Executives who have control over the firm are as follows: Mark T. owns 1/2 or less of company shares and has 1/2 or less of voting rights. James M. 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	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	2023-12-31
Currency
Net Worth	147 723	179 997	291 251

Balance Sheet
Cash Bank On Hand			79 215	36 768	27 998		118 574	59 169	40 612	65 584	83 418
Current Assets	282 310	425 012	915 150	538 197	539 276	475 895	465 547	365 671	545 650	434 187	421 735
Debtors	226 849	341 606	829 103	455 404	496 169	457 665	325 379	290 432	474 220	365 986	285 595
Net Assets Liabilities			291 251	270 236	106 639	9 065	101 620	100	13 246	3 916	17 089
Other Debtors			11 669	18 292	18 352	20 374	14 566	15 896	14 663	75 336	18 635
Property Plant Equipment			24 570	54 487	41 604	25 557	17 483	13 800	21 889	18 539	13 784
Total Inventories			6 832	46 025	15 109	18 230	21 594		30 818	2 617
Cash Bank In Hand	50 816	83 406	79 215
Stocks Inventory	4 645		6 832
Tangible Fixed Assets	4 603	6 963	24 570

Capital & Reserves
Called Up Share Capital	41	47	47
Profit Loss Account Reserve	147 635	179 901	291 155
Shareholder Funds	147 723	179 997	291 251

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets									4 675	10 355	16 036
Accumulated Depreciation Impairment Property Plant Equipment			36 116	48 281	70 889	60 100	73 148	75 854	74 955	83 647	86 047
Average Number Employees During Period							18	19	18	18	17
Bank Borrowings Overdrafts						18 750	18 750	47 500	86 667	58 333	33 333
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment			-179 900
Corporation Tax Payable			140 805	54 392	28 108	48 191	86 567	32 512	69 791	55 075	77 543
Creditors			643 935	312 600	467 383	18 750	378 250	47 500	86 667	58 333	33 333
Dividends Paid On Shares								7 268
Fixed Assets	4 604	6 964	24 570				17 483	21 068	34 257	25 227	14 791
Future Minimum Lease Payments Under Non-cancellable Operating Leases						41 898	15 391	10 083	10 083	13 704	13 704
Increase From Amortisation Charge For Year Intangible Assets									4 675	5 680	5 681
Increase From Depreciation Charge For Year Property Plant Equipment				14 710	25 993	26 255	20 182	8 059	8 401	9 244	9 448
Intangible Assets								7 268	12 368	6 688	1 007
Intangible Assets Gross Cost								7 268	17 043	17 043
Net Current Assets Liabilities	143 119	173 963	271 215	225 597	71 893	6 427	87 297	29 022	70 384	41 133	38 981
Other Creditors			643 935	312 600	89 346	59 370	77 878	68 800	86 048	73 581	55 034
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				2 545	3 385	37 044	7 134	5 353	9 300	552	7 048
Other Disposals Property Plant Equipment				2 559	4 244	37 967	7 134	5 402	9 983	1 893	7 809
Other Taxation Social Security Payable			82 741	72 976	82 181	109 725	79 970	139 763	116 231	70 609	71 033
Profit Loss			565 961	234 329
Property Plant Equipment Gross Cost			60 687	102 768	112 493	85 657	90 631	89 654	96 844	102 186	99 831
Provisions For Liabilities Balance Sheet Subtotal			4 534	9 848	6 858	4 169	3 160	2 490	4 728	4 111	3 350
Total Additions Including From Business Combinations Property Plant Equipment				44 640	13 969	11 131	12 108	4 425	17 173	7 235	5 454
Total Assets Less Current Liabilities	147 723	180 927	295 785	280 084	113 497	31 984	104 780	50 090	104 641	66 360	53 772
Trade Creditors Trade Payables			177 754	126 229	267 748	171 463	115 085	93 074	189 863	168 789	154 144
Trade Debtors Trade Receivables			817 434	437 112	477 817	437 291	310 813	274 536	459 557	290 650	266 960
Creditors Due Within One Year	139 191	251 049	643 935
Investments Fixed Assets	1	1
Number Shares Allotted		17	17
Other Reserves	47	49	49
Par Value Share		1	1
Percentage Subsidiary Held		100	100
Provisions For Liabilities Charges		930	4 534
Share Capital Allotted Called Up Paid	21	17	17
Tangible Fixed Assets Additions		5 624	22 363
Tangible Fixed Assets Cost Or Valuation	73 421	47 424	60 687
Tangible Fixed Assets Depreciation	68 818	40 461	36 117
Tangible Fixed Assets Depreciation Charged In Period		3 264	4 756
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		31 621	9 100
Tangible Fixed Assets Disposals		31 621	9 100

Company staff

James M.

Role: Director

Appointed: 06 April 2014

Latest update: 11 April 2024

Role: Corporate Nominee Secretary