Global Reach Technology Limited in Hove, BN3 2DL

Description

Data updated on: 01-11-2023

This company is based in Hove registered with number: 07048157. The company was registered in the year 2009. The main office of the firm is located at 168 Church Road . The area code for this place is BN3 2DL. Its current name is Global Reach Technology Limited. This business's previous customers may know this firm as Global Reach Corporation, which was in use until 2012-07-04. This business's SIC and NACE codes are 82990 which stands for Other business support service activities not elsewhere classified. Global Reach Technology Ltd released its account information for the financial year up to 2022-12-31. The firm's latest confirmation statement was filed on 2023-02-18.

When it comes to the following firm, a variety of director's duties have so far been performed by Nigel W. who was assigned this position in 2009 in October. This firm had been led by Mark W. until 2017. What is more a different director, specifically Louis W. quit in July 2018.

Nigel W. is the individual who has control over this firm, owns over 1/2 to 3/4 of company shares .

Previous company's names
Global Reach Technology Limited 2012-07-04
Global Reach Corporation Limited 2009-10-19

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-12-31	2014-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	1 090 121	1 024 488

Balance Sheet
Cash Bank On Hand			232 786	345 845
Current Assets	1 711 826	1 922 032	1 646 164	1 369 298	231 909
Debtors	1 027 911	1 705 474	1 296 281	1 018 453	231 909	231 909	231 909	231 909	231 909
Net Assets Liabilities			-486 380	-433 922	-433 922	-433 922	-433 922	-433 922	-433 922
Other Debtors			850 790	443 237
Property Plant Equipment			241 861	161 256
Total Inventories			117 097	5 000
Cash Bank In Hand	394 399	96 104
Intangible Fixed Assets	102 375	87 750
Net Assets Liabilities Including Pension Asset Liability	1 090 121	1 024 488
Stocks Inventory	289 516	120 454
Tangible Fixed Assets	86 984	527 765

Capital & Reserves
Called Up Share Capital	156	156
Profit Loss Account Reserve	1 089 965	1 024 332
Shareholder Funds	1 090 121	1 024 488

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets			347 579	631 212
Accumulated Depreciation Impairment Property Plant Equipment			498 411	583 753
Additions Other Than Through Business Combinations Intangible Assets				1 153 088
Additions Other Than Through Business Combinations Property Plant Equipment				4 737
Amortisation Rate Used For Intangible Assets				20	20
Amounts Owed By Group Undertakings Participating Interests			221 221	184 015	231 909	231 909	231 909	231 909	231 909
Average Number Employees During Period			24	26
Bank Borrowings Overdrafts			245 272
Corporation Tax Payable				229 414
Creditors			1 591 479	3 921 342	433 922	433 922	433 922	433 922	433 922
Disposals Decrease In Amortisation Impairment Intangible Assets					631 212
Disposals Decrease In Depreciation Impairment Property Plant Equipment					583 753
Disposals Intangible Assets					2 833 146
Disposals Property Plant Equipment					745 009
Fixed Assets	189 377	615 533	1 574 358	2 363 208	18
Future Minimum Lease Payments Under Non-cancellable Operating Leases			325 167	159 469
Increase From Amortisation Charge For Year Intangible Assets				283 633
Increase From Depreciation Charge For Year Property Plant Equipment				85 342
Intangible Assets			1 332 479	2 201 934
Intangible Assets Gross Cost			1 680 058	2 833 146
Investments			18	18	18	18	18	18	18
Investments Fixed Assets	18	18	18	18	18	18	18	18	18
Investments In Group Undertakings			18	18	18	18	18	18	18
Net Current Assets Liabilities	942 513	1 186 658	54 685	-2 552 044	-202 013	-202 013	-202 013	-202 013	-202 013
Other Creditors			814 580	2 692 285	433 922	433 922	433 922	433 922	433 922
Other Taxation Social Security Payable			122 206	261 999
Property Plant Equipment Gross Cost			740 272	745 009
Raw Materials			117 097	5 000
Taxation Including Deferred Taxation Balance Sheet Subtotal			4 133
Total Assets Less Current Liabilities	1 131 890	1 802 191	1 629 043	-188 836	-201 995	-201 995	-201 995	-201 995	-201 995
Trade Creditors Trade Payables			409 421	737 644
Trade Debtors Trade Receivables			224 270	391 201
Creditors Due After One Year	36 272	774 640
Creditors Due Within One Year	769 313	735 374
Intangible Fixed Assets Aggregate Amortisation Impairment	43 875	58 500
Intangible Fixed Assets Amortisation Charged In Period		14 625
Intangible Fixed Assets Cost Or Valuation	146 250	146 250
Number Shares Allotted		19 616
Par Value Share		0
Provisions For Liabilities Charges	5 497	3 063
Share Capital Allotted Called Up Paid	20	20
Tangible Fixed Assets Additions		567 233
Tangible Fixed Assets Cost Or Valuation	141 792	709 025
Tangible Fixed Assets Depreciation	54 808	181 260
Tangible Fixed Assets Depreciation Charged In Period		126 452