Global Cutting Technologies Limited in Wellingborough, NN8 6ZB

Description

Data updated on: 01-11-2023

Global Cutting Technologies began its business in the year 1998 as a Private Limited Company registered with number: 03541855. This particular business has operated for twenty six years and it's currently active. The company's headquarters is located in Wellingborough at Unit 12 Trinity Centre. Anyone can also locate the firm utilizing its area code of NN8 6ZB. This firm's registered with SIC code 46690: Wholesale of other machinery and equipment. The most recent financial reports were submitted for the period up to Fri, 30th Sep 2022 and the most recent annual confirmation statement was released on Fri, 7th Apr 2023.

The following company owes its achievements and permanent progress to a group of two directors, specifically Nicholas M. and Edward C., who have been controlling the firm since 1st October 2017.

Edward C. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30
Currency
Net Worth	67 790	193 948	262 451	316 908	490 821	432 943

Balance Sheet
Cash Bank On Hand						327 855	583 273	361 024	555 279	490 003	608 590	422 296
Current Assets	683 469	1 135 433	739 211	1 397 228	912 911	739 776	1 093 121	742 205	1 053 208	813 681	1 311 150	672 653
Debtors	195 631	687 364	228 228	513 946	327 759	228 089	333 658	216 529	353 034	182 693	569 538	119 398
Net Assets Liabilities								413 922	396 667	459 943	380 078	246 736
Other Debtors						68 753	126 012	61 600	172 150	91 914	487 007	63 337
Property Plant Equipment						8 322	6 029	8 765	41 994	29 484	41 418	34 820
Total Inventories						183 832	176 190	164 652	144 895	140 985	133 022	130 959
Cash Bank In Hand	235 407	228 561	314 619	686 125	427 538	327 855
Net Assets Liabilities Including Pension Asset Liability	67 790	193 948	262 451	316 908	490 821
Stocks Inventory	252 431	219 508	196 364	197 157	157 614	183 832
Tangible Fixed Assets	21 062	16 685	14 456	23 971	13 566	8 322

Capital & Reserves
Called Up Share Capital	1 000	1 000	500	500	500	500
Profit Loss Account Reserve	66 790	192 948	261 451	315 908	489 821	431 943
Shareholder Funds	67 790	193 948	262 451	316 908	490 821	432 943

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						88 739	96 374	86 870	104 772	125 896	150 940	168 266
Additions Other Than Through Business Combinations Property Plant Equipment							5 342	7 919	51 131	8 614	36 978	10 728
Average Number Employees During Period									9	9	9	9
Corporation Tax Payable						27 305	59 274	29 677
Creditors						315 155	638 050	337 048	14 704	4 371	17 038	5 715
Increase From Depreciation Charge For Year Property Plant Equipment							7 635	5 075	17 902	21 124	25 044	17 326
Net Current Assets Liabilities	237 084	356 562	332 867	331 143	477 255	424 621	455 071	405 157	369 377	434 830	355 698	217 631
Other Creditors						91 058	407 795	105 017	14 704	4 371	17 038	5 715
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment								14 579
Other Disposals Property Plant Equipment								14 687
Other Taxation Social Security Payable						51 691	18 578	45 195	95 787	136 871	120 161	68 230
Property Plant Equipment Gross Cost						97 061	102 403	95 635	146 766	155 380	192 358	203 086
Total Assets Less Current Liabilities	258 146	373 247	347 323	355 114	490 821	432 943	461 100	413 922	411 371	464 314	397 116	252 451
Trade Creditors Trade Payables						145 101	152 403	157 159	268 789	174 720	481 008	277 005
Trade Debtors Trade Receivables						159 336	207 646	154 929	180 884	90 779	82 531	56 061
Capital Redemption Reserve			500	500	500
Creditors Due After One Year	190 356	179 299	84 872	38 206
Creditors Due Within One Year	446 385	778 871	406 344	1 066 085	435 656	315 155
Number Shares Allotted		1 000	500	500	500	500
Par Value Share		1	1	1	1	1
Share Capital Allotted Called Up Paid	1 000	1 000	500	500	500	500
Tangible Fixed Assets Additions		4 179	6 580	18 983	423
Tangible Fixed Assets Cost Or Valuation	62 734	66 913	73 493	92 476	92 899
Tangible Fixed Assets Depreciation	41 672	50 228	59 037	68 505	79 333
Tangible Fixed Assets Depreciation Charged In Period		8 556	8 809	9 468	10 828
Other Reserves					500	500