Itec Climatic Solutions Ltd in Cradley Heath, B64 7RW

Description

Data updated on: 01-11-2023

The enterprise called Itec Climatic Solutions was started on 1983-10-04 as a Private Limited Company. The firm's registered office can be gotten hold of in Cradley Heath on Unit 16, Lodge Forge Trading Estate, Cradley Road. Should you have to get in touch with the firm by mail, its post code is B64 7RW. The company registration number for Itec Climatic Solutions Ltd is 01758490. Started as I T E C Industrial Services, this business used the name up till 2018-01-26, when it was changed to Itec Climatic Solutions Ltd. The firm's classified under the NACE and SIC code 96090 and has the NACE code: Other service activities not elsewhere classified. The business latest financial reports were submitted for the period up to Friday 31st March 2023 and the latest annual confirmation statement was filed on Saturday 10th June 2023.

At the moment, the directors enumerated by this company are: Anthony D. assigned this position in 2021 in January and Julian J. assigned this position 5 years ago.

Previous company's names
Itec Climatic Solutions Ltd 2018-01-26
I T E C Industrial Services Limited 1983-10-04

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	162 085	164 864	171 694	259 142	350 785

Balance Sheet
Cash Bank In Hand	121 125	74 126	101 373	273 832	226 628
Cash Bank On Hand					226 628	379 112	255 029	166 268	344 647	221 015	184 328
Current Assets	355 707	287 688	411 758	643 914	685 790	754 271	534 629	478 302	653 912	792 678	751 497
Debtors	224 972	204 520	299 159	357 363	450 225	366 316	251 668	283 465	227 336	474 470	519 131
Net Assets Liabilities					350 785	487 617	429 982	377 782	354 446	427 022	432 213
Net Assets Liabilities Including Pension Asset Liability	162 085	164 864	171 694	259 142	350 785
Property Plant Equipment					86 944	85 276	55 890	45 162	27 918	15 594
Stocks Inventory	9 610	9 042	11 226	12 719	8 937
Tangible Fixed Assets	46 219	72 994	58 738	50 947	86 944
Total Inventories					8 937	8 843	27 932	28 569	81 929	97 193	48 038

Capital & Reserves
Called Up Share Capital	6 700	6 700	6 700	6 700	6 700
Profit Loss Account Reserve	155 385	158 164	164 994	252 442	344 085
Shareholder Funds	162 085	164 864	171 694	259 142	350 785

Other Financial Data
Amount Specific Advance Or Credit Directors									21	662
Amount Specific Advance Or Credit Made In Period Directors										1 351
Amount Specific Advance Or Credit Repaid In Period Directors										21	662
Accrued Liabilities Deferred Income					71 559	36 134
Accumulated Depreciation Impairment Property Plant Equipment					117 692	130 853	68 101	88 019	108 056	120 088	3 780
Average Number Employees During Period					10	11	10	12	12	12	12
Bank Borrowings Overdrafts					9
Bank Overdrafts					9
Corporation Tax Payable					22 419	37 111
Creditors					22 512	22 487	5 592	2 796	323 715	32 858	307 562
Creditors Due After One Year	16 083	4 759			22 512
Creditors Due Within One Year	222 641	190 521	298 802	435 719	398 073
Disposals Decrease In Depreciation Impairment Property Plant Equipment						19 025		1 678		1 025	120 088
Disposals Property Plant Equipment						23 173		1 678		1 025	135 682
Finance Lease Liabilities Present Value Total					22 512	22 487	21 404	5 592	2 796		29 677
Finance Lease Payments Owing Minimum Gross					45 980	54 906	22 628	3 137	3 137		34 676
Future Finance Charges On Finance Leases					3 995	2 448	1 224	341	341		4 999
Future Minimum Lease Payments Under Non-cancellable Operating Leases					8 780	8 780	15 183	16 464	12 272	18 369
Increase Decrease In Property Plant Equipment						29 300
Increase From Depreciation Charge For Year Property Plant Equipment						32 186		21 596	20 037	13 057	3 780
Net Current Assets Liabilities	133 066	97 167	112 956	208 195	287 717	432 711	388 452	342 257	330 197	445 512	443 935
Number Shares Allotted		700	700	700	700
Number Shares Issued Fully Paid								1 742	1 742	1 742	1 742
Other Creditors						5 281
Other Taxation Social Security Payable					26 106	22 119
Par Value Share		1	1	1	1			1	1	1	1
Prepayments Accrued Income					51 817	60 862
Property Plant Equipment Gross Cost					204 636	216 129	123 991	133 181	135 974	135 682	53 919
Provisions For Liabilities Balance Sheet Subtotal					1 364	7 883	8 768	6 841	3 669	1 226	9 326
Provisions For Liabilities Charges	1 117	538			1 364
Secured Debts	31 381	16 099	4 362		41 994
Share Capital Allotted Called Up Paid		700	700	700	700
Tangible Fixed Assets Additions		47 653	3 050	9 059	71 882
Tangible Fixed Assets Cost Or Valuation	141 519	165 641	165 890	171 870	204 636
Tangible Fixed Assets Depreciation	95 300	92 647	107 152	120 923	117 692
Tangible Fixed Assets Depreciation Charged In Period		20 147	16 959	16 243	30 277
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		22 800	2 454	2 472	33 508
Tangible Fixed Assets Disposals		23 531	2 801	3 079	39 116
Total Additions Including From Business Combinations Property Plant Equipment						34 666		10 868	2 793	733	53 919
Total Assets Less Current Liabilities	179 285	170 161	171 694	259 142	374 661	517 987	444 342	387 419	358 115	461 106	494 074
Total Borrowings					41 994	52 458
Trade Creditors Trade Payables					219 607	145 134
Trade Debtors Trade Receivables					398 408	305 454
Value Shares Allotted	700	700