Onetrust Technology Limited in London, EC1M 4JN

Description

Data updated on: 01-11-2023

Onetrust Technology came into being in 2001 as a company enlisted under no 04156317, located at EC1M 4JN London at 82 St John Street. The firm has been in business for 23 years and its last known status is active. The firm currently known as Onetrust Technology Limited was known as Governor Technology until Thu, 12th Jan 2017 at which point the business name got changed. This company's Standard Industrial Classification Code is 62020 which means Information technology consultancy activities. The latest financial reports cover the period up to 31st January 2023 and the most recent confirmation statement was filed on 8th February 2023.

This limited company owes its achievements and permanent improvement to a team of two directors, specifically Guido T. and Kabir B., who have been managing the firm since Fri, 12th Jan 2024.

Kabir B. is the individual who controls this firm, has substantial control or influence over the company.

Previous company's names
Onetrust Technology Limited 2017-01-12
Governor Technology Limited 2001-02-08

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-02-28	2014-02-28	2015-02-28	2016-02-29	2018-12-31	2019-12-31
Currency
Net Worth	325 694	246 714	36 214	20 133

Balance Sheet
Cash Bank On Hand					1 309 995	1 139 397
Current Assets	433 684	315 795	200 023	92 549	9 334 839	14 633 349
Debtors	238 176	122 507	77 264	50 029	8 024 844	13 493 952
Net Assets Liabilities					-10 890 525	-23 707 467
Other Debtors					977 484	1 398 259
Property Plant Equipment						444 603
Cash Bank In Hand	195 508	193 288	122 759	42 520
Net Assets Liabilities Including Pension Asset Liability	325 694	246 714	36 214	20 133
Tangible Fixed Assets	27 799	20 441	16 111	13 457

Capital & Reserves
Called Up Share Capital	110	110	103	103
Profit Loss Account Reserve	325 584	246 604	36 101	20 020
Shareholder Funds	325 694	246 714	36 214	20 133

Other Financial Data
Accrued Liabilities Deferred Income					11 263 284	17 079 074
Accumulated Amortisation Impairment Intangible Assets						570 490
Accumulated Depreciation Impairment Property Plant Equipment						101 292
Acquired Through Business Combinations Intangible Assets						6 845 862
Additions Other Than Through Business Combinations Property Plant Equipment						545 895
Administrative Expenses					20 706 449	39 154 110
Amortisation Expense Intangible Assets						570 490
Amounts Owed By Group Undertakings					179 834	696 192
Amounts Owed To Group Undertakings					6 830 497	24 031 149
Applicable Tax Rate					19	19
Average Number Employees During Period					92	252
Cash Cash Equivalents Acquired						809 349
Cash Cash Equivalents Cash Flow Value					1 309 995	1 215 858
Cash Flows Used In Acquiring Or Obtaining Control Subsidiaries Or Other Businesses Classified As Investing Activities						6 345 624
Cash Transferred To Acquire Entity						6 345 624
Comprehensive Income Expense					-7 231 198	-13 874 662
Cost Sales					316 267	1 203 221
Creditors					19 442 233	42 930 124
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences					-2 103	-36 404
Depreciation Expense Property Plant Equipment						101 292
Depreciation Rate Used For Property Plant Equipment						33
Fixed Assets						6 790 227
Future Minimum Lease Payments Under Non-cancellable Operating Leases					1 250 000	2 677 500
Gain Loss In Cash Flows From Change In Accrued Items					7 653 236	8 365 447
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables					321 784	380 041
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables					-4 061 340	-5 009 199
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss					-381 899	62 189
Goodwill Arising On Business Combination						6 845 862
Gross Profit Loss					13 473 048	25 340 250
Income Taxes Paid Refund Classified As Operating Activities					-100	-41 136
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation					773 172	-94 137
Increase Decrease In Current Tax From Adjustment For Prior Periods					-100	-6 399
Increase Decrease In Net Debt From Cash Flows						17 374 706
Increase From Amortisation Charge For Year Intangible Assets						570 490
Increase From Depreciation Charge For Year Property Plant Equipment						101 292
Intangible Assets						6 275 372
Intangible Assets Gross Cost						6 845 862
Interest Paid Classified As Operating Activities						138 342
Interest Paid To Related Parties						138 303
Interest Payable Similar Charges Finance Costs						138 342
Investments						6 345 624
Investments Fixed Assets						6 345 624
Investments In Group Undertakings						6 345 624
Marketing Average Number Employees					3	18
Net Cash Flows From Used In Financing Activities					4 092 793	16 300 377
Net Cash Flows From Used In Investing Activities						-6 891 519
Net Cash Flows From Used In Operating Activities					-3 319 621	-9 502 995
Net Cash Generated From Operations					-3 319 721	-9 405 789
Net Current Assets Liabilities	302 738	230 045	23 066	9 155	-10 107 394	-28 296 775
Net Debt Funds					5 520 502	22 895 208
Net Identifiable Assets Liabilities Acquired						-500 238
Number Shares Issued Fully Paid					103	103
Operating Profit Loss					-7 233 401	-13 813 860
Other Creditors Assumed						1 698 621
Other Debtors Acquired						132 533
Other Departments Average Number Employees					26	77
Other Finance Costs						39
Other Taxation Social Security Payable					590 801	620 922
Par Value Share		10	10	1		1
Pension Costs Defined Contribution Plan					301 814	866 282
Pension Other Post-employment Benefit Costs Other Pension Costs					307 064	873 574
Percentage Voting Equity Interests Acquired						100
Premises Costs					1 280 798	3 172 041
Proceeds From Loans Advances To Group Undertakings Classified As Financing Activities					4 092 793	16 300 377
Profit Loss					-7 231 198	-12 816 942
Profit Loss Acquiree						531 494
Profit Loss On Ordinary Activities Before Tax					-7 233 401	-13 952 202
Property Plant Equipment Gross Cost						545 895
Provisions Assumed						40 384
Purchase Property Plant Equipment						545 895
Research Development Average Number Employees					6	9
Research Development Tax Credit						34 737
Revenue Acquiree						-2 869 489
Revenue Arising From Exchanges Goods Or Services Rendering Services					312 789	799 995
Revenue From Rendering Services					3 426 308	2 842 555
Selling Average Number Employees					48	105
Social Security Costs					1 089 715	1 806 245
Staff Costs Employee Benefits Expense					9 046 849	18 372 401
Tax Expense Credit Applicable Tax Rate					-1 374 346	-2 735 478
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss					16 309	3 899
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward					1 358 037	2 731 579
Tax Tax Credit On Profit Or Loss On Ordinary Activities					-2 203	-77 540
Total Assets Less Current Liabilities	330 537	250 486	39 177	22 612	-10 107 394	-21 506 548
Total Current Tax Expense Credit					-100	-41 136
Trade Creditors Trade Payables					690 007	861 696
Trade Creditors Trade Payables Assumed						137 324
Trade Debtors Trade Receivables					6 867 526	11 399 501
Trade Debtors Trade Receivables Acquired						434 209
Turnover Revenue					1 691 143	6 247 710
Unpaid Contributions To Pension Schemes					67 644	337 283
Wages Salaries					7 650 070	15 692 582
Company Contributions To Money Purchase Plans Directors					5 250	7 292
Director Remuneration					560 280	424 467
Director Remuneration Benefits Excluding Payments To Third Parties					565 530	431 759
Number Directors Accruing Benefits Under Money Purchase Scheme					1	1
Capital Redemption Reserve			10	10
Creditors Due Within One Year	130 946	85 750	176 957	83 394
Number Shares Allotted		100	103	103
Provisions For Liabilities Charges	4 843	3 772	2 963	2 479
Share Capital Allotted Called Up Paid	10	10	103	103
Tangible Fixed Assets Additions		981	117
Tangible Fixed Assets Cost Or Valuation	67 165	68 146	68 263	69 262
Tangible Fixed Assets Depreciation	39 366	47 705	52 152	55 805
Tangible Fixed Assets Depreciation Charged In Period		8 339	4 447
Advances Credits Directors	827	2 403	22 316	11 855
Advances Credits Made In Period Directors	1 733	1 741	98 448
Advances Credits Repaid In Period Directors		165	123 000

Company staff

Guido T.

Role: Director

Appointed: 12 January 2024

Latest update: 6 March 2024

Role: Corporate Secretary

Appointed: 18 January 2008

Resigned: 16 November 2020

Address: London, EC1M 4JN, England

Latest update: 6 March 2024

Gilbert H.

Role: Director

Appointed: 01 June 2003

Resigned: 28 April 2017

Latest update: 6 March 2024