Geotechnics Limited in Tile Hill, CV4 9AP

Description

Data updated on: 01-11-2023

Situated at The Geotechnical Centre, Tile Hill CV4 9AP Geotechnics Limited is categorised as a Private Limited Company with 01757790 registration number. The company was founded on 1983-09-30. The firm's registered with SIC code 71200 and has the NACE code: Technical testing and analysis. The business most recent financial reports were submitted for the period up to 2022-09-30 and the latest annual confirmation statement was released on 2023-04-17.

Having five recruitment advertisements since Tuesday 17th June 2014, the corporation has been active on the job market. On Wednesday 25th November 2015, it started recruiting new employees for a full time Field Technician / Dynamic Sampler position in Coventry, and on Tuesday 17th June 2014, for the vacant position of a full time Laboratory Technician in Coventry. They employ workers on such posts as: Administrator, Senior Engineering Geologist/Geotechnical Engineer/Project Manager and Engineering Geologist/Geotechnical Engineer.

We have identified 5 councils and public departments cooperating with the company. The biggest counter party of them all is the Oxfordshire County Council, with over 3 transactions from worth at least 500 pounds each, amounting to £73,277 in total. The company also worked with the Devon County Council (10 transactions worth £57,658 in total) and the Cornwall Council (3 transactions worth £37,679 in total). Geotechnics was the service provided to the Devon County Council Council covering the following areas: Professional Fees and Main / Term Contractor was also the service provided to the London Borough of Hillingdon Council covering the following areas: Surveys - Feasibility (not Acquisition).

As stated, the business was incorporated 41 years ago and has so far been presided over by eleven directors, and out of them five (Michael C., Robert W., Jonathan H. and 2 remaining, listed below) are still a part of the company. In order to provide support to the directors, this business has been utilizing the skillset of Dawn W. as a secretary since October 2013.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30
Currency

Balance Sheet
Cash Bank On Hand	1 362 118	1 884 329	2 522 877	1 599 104	1 607 563
Current Assets	4 990 416	4 874 203	5 209 116	3 958 157	4 066 610
Debtors	3 573 188	2 918 875	2 611 330	2 306 546	2 459 047
Net Assets Liabilities	3 162 078	2 131 748	2 824 883	2 410 761	2 484 610
Other Debtors	1 201 485	431 091	630 240	572 105
Property Plant Equipment	646 817	590 420	577 438	634 768	574 948
Total Inventories	55 110	70 999	74 909	52 507

Other Financial Data
Accountancy Costs	10 100	10 900
Accrued Liabilities Deferred Income	431 929	520 564	723 847	284 132	290 507
Accumulated Depreciation Impairment Property Plant Equipment	680 215	796 229	898 530	1 001 811	1 075 596
Additional Provisions Increase From New Provisions Recognised		3 706	2 541	14 266	8 266
Additions Other Than Through Business Combinations Property Plant Equipment		59 617	89 319	160 611	76 555
Administration Support Average Number Employees	12	13	14	20	16
Administrative Expenses	2 431 460	2 612 405	2 594 529	2 354 663	2 399 389
Amounts Owed By Group Undertakings	654 995
Applicable Tax Rate	19	19	19	19	22
Average Number Employees During Period	105	105	100	95	92
Bank Borrowings Overdrafts	32 917	94 506	107 144	110 406	36 449
Cash Cash Equivalents Cash Flow Value	1 362 118	1 884 329	2 522 877	1 599 104	1 607 563
Comprehensive Income Expense	452 001	551 465	788 334	348 253	377 182
Corporation Tax Payable	99 439	133 681	190 550	63 270	120 944
Cost Sales	7 577 331	8 673 257	8 449 252	7 666 680	7 492 002
Creditors	2 155 937	2 736 974	2 473 555	1 760 651	1 845 645
Current Tax For Period	99 439	133 681	190 544	63 270	120 944
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-6 581	3 706	2 541	14 266	8 266
Deferred Tax Liabilities	29 139	32 845	35 386	49 652	57 918
Depreciation Expense Property Plant Equipment	123 299	116 014	102 301	103 281	126 165
Depreciation Rate Used For Property Plant Equipment		25	10	10	10
Disposals Decrease In Depreciation Impairment Property Plant Equipment					52 380
Disposals Property Plant Equipment					62 590
Dividends Paid		1 581 795	95 199	762 375	303 333
Dividends Paid Classified As Financing Activities		1 581 795	95 199	762 375	303 333
Dividends Paid On Shares		1 581 795	95 199	762 375	303 333
Finance Lease Liabilities Present Value Total	678			4 936	4 936
Finance Lease Payments Owing Minimum Gross	678			25 284	20 348
Financial Liabilities	1 640 121	2 268 315	1 758 711	1 461 957	1 294 687
Fixed Assets	646 820	590 423	577 441	634 771	574 951
Future Minimum Lease Payments Under Non-cancellable Operating Leases	525 205	492 481	476 347	329 146	802 011
Gain Loss In Cash Flows From Change In Accrued Items	256 270	92 506	203 559	-355 993	234 545
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-42 449	393 378	-332 926	-157 293	123 693
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	41 961	654 313	307 545	304 784	-349 361
Gain Loss In Cash Flows From Change In Inventories	50 626	-15 889	-3 910	22 402
Gain Loss On Disposals Property Plant Equipment					-6 537
Government Grant Income					8 487
Government Grants Payable					12 954
Gross Profit Loss	2 995 579	3 029 606	3 577 668	2 794 120	2 908 109
Income Taxes Paid Refund Classified As Operating Activities		84 137	122 247	179 688	45 883
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	843 486	522 211	638 548	-923 773	8 459
Increase Decrease In Current Tax From Adjustment For Prior Periods		-15 302	-11 428	-10 862	-17 387
Increase Decrease In Net Debt From Cash Flows		-188 323	-736 236	851 102	-208 486
Increase From Depreciation Charge For Year Property Plant Equipment		116 014	102 301	103 281	126 165
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	13 206	21 649	19 758	19 490	29 484
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	1 716	116
Interest Income On Cash Cash Equivalents	2 232	3 213	297	1 600	10 260
Interest Paid Classified As Operating Activities	21 492	26 084	24 430	26 130	38 462
Interest Payable Similar Charges Finance Costs	21 492	26 084	24 430	26 130	38 462
Interest Received Classified As Operating Activities	2 232	3 213	297	1 600	10 260
Investments	3	3	3	3	3
Investments Fixed Assets	3	3	3	3	3
Investments In Group Undertakings	3	3	3	3	3
Net Cash Flows From Used In Financing Activities	-34 241	-1 247 907	-192 887	-860 740	-494 873
Net Cash Flows From Used In Investing Activities	-96 839	-59 617	-89 319	-134 916	-72 882
Net Cash Flows From Used In Operating Activities	974 566	1 829 735	920 754	71 883	576 214
Net Cash Generated From Operations	993 826	1 936 743	1 067 134	276 101	650 299
Net Current Assets Liabilities	2 834 479	2 137 229	2 735 561	2 197 506	2 220 965
Net Debt Funds	-1 038 441	-1 226 764	-1 963 000	-1 111 898	-1 320 384
Net Deferred Tax Liability Asset	-7 007	32 845	35 386	49 652	57 918
Number Shares Issued Fully Paid	1 000	1 000	1 000	1 000	1 000
Operating Profit Loss	564 119	696 421	994 124	439 457	517 207
Other Departments Average Number Employees	67	24
Other Finance Costs	6 570	4 319	4 672	6 640	8 978
Other Interest Receivable Similar Income Finance Income	2 232	3 213	297	1 600	10 260
Other Operating Income Format1		279 220	10 985		8 487
Other Remaining Operating Income		279 220	10 985
Other Taxation Social Security Payable	274 530	377 473	253 180	278 674	364 953
Par Value Share		1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	2 712	678		411	4 936
Pension Costs Defined Contribution Plan	112 035	76 371	96 603	96 369	111 964
Pension Other Post-employment Benefit Costs Other Pension Costs	115 808	115 181	142 599	120 507	120 378
Prepayments Accrued Income	127 455	147 645	125 541	144 121	516 054
Proceeds From Borrowings Classified As Financing Activities	-31 529	334 566	-97 688
Proceeds From Government Grants Classified As Financing Activities					8 487
Proceeds From Sales Property Plant Equipment					3 673
Profit Loss	452 001	551 465	788 334	348 253	377 182
Profit Loss On Ordinary Activities Before Tax	544 859	673 550	969 991	414 927	489 005
Property Plant Equipment Gross Cost	1 327 032	1 386 649	1 475 968	1 636 579	1 650 544
Provisions	29 139	32 845	35 386	49 652	57 918
Purchase Property Plant Equipment	96 839	59 617	89 319	134 916	76 555
Repayments Borrowings Classified As Financing Activities			97 688	97 954	195 091
Revenue From Rendering Services	10 572 910	11 702 863	12 026 920	10 460 800	10 400 111
Social Security Costs	291 606	313 860	337 898	298 283	290 877
Staff Costs Employee Benefits Expense	3 407 651	3 661 049	3 747 641	3 354 077	3 345 189
Taxation Including Deferred Taxation Balance Sheet Subtotal	29 139	32 845	35 386	49 652	57 918
Tax Decrease From Utilisation Tax Losses	16 025
Tax Expense Credit Applicable Tax Rate	103 523	127 975	184 298	78 836	107 621
Tax Increase Decrease From Effect Capital Allowances Depreciation	4 525	1 824	-205
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	473	7 588	8 992	-1 300	21 588
Tax Tax Credit On Profit Or Loss On Ordinary Activities	92 858	122 085	181 657	66 674	111 823
Total Assets Less Current Liabilities	3 481 299	2 727 652	3 313 002	2 832 277	2 795 916
Total Current Tax Expense Credit	99 439	118 379	179 116	52 408	103 557
Trade Creditors Trade Payables	1 316 444	1 610 750	1 198 834	1 000 035	1 027 856
Trade Debtors Trade Receivables	1 589 253	2 340 139	1 855 549	1 590 320	1 942 993
Turnover Revenue	10 572 910	11 702 863	12 026 920	10 460 800	10 400 111
Wages Salaries	3 000 237	3 232 008	3 267 144	2 935 287	2 933 934
Work In Progress	55 110	70 999	74 909	52 507
Company Contributions To Money Purchase Plans Directors			3 000	12 774	1 911
Director Remuneration	172 297	78 738	190 518	325 846	177 257
Director Remuneration Benefits Excluding Payments To Third Parties	176 070	117 548	236 514	242 631	185 671
Excess Retirement Benefits Over Original Entitlement Directors	3 773	38 810	45 996	7 865	8 414
Number Directors Accruing Benefits Under Money Purchase Scheme	1	1	3	5	5