Inspec Solutions Ltd in Sheffield, S4 7YW

Description

Data updated on: 01-11-2023

Inspec Solutions Ltd is a Private Limited Company, that is located in The Ironworks, Unit 7 Norfolk Bridge Business Park, Foley Street, Sheffield. The main office's located in S4 7YW. This enterprise has been prospering 25 years in the UK. The firm's registered no. is 03835537. The firm's classified under the NACE and SIC code 62090 which stands for Other information technology service activities. Inspec Solutions Limited filed its latest accounts for the period up to 2022-12-31. The firm's most recent confirmation statement was released on 2023-08-26.

When it comes to the following limited company, most of director's responsibilities up till now have been executed by Brian Q., George N., John M. and Mark R.. As for these four executives, Mark R. has supervised limited company the longest, having been a vital part of the Management Board for 25 years. To help the directors in their tasks, this particular limited company has been utilizing the skillset of Mark R. as a secretary since 1999.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	105 391	287 185	104 594	612 918	34 388
Debtors	292 230	427 609	396 861	433 424	851 412
Other Debtors	29 550	1 500	35 000		66
Property Plant Equipment			14 145	10 609	8 620
Current Assets	452 432	796 012	616 487	1 173 301
Net Assets Liabilities		389 724	347 748	680 251
Total Inventories	54 811	81 218	115 032	126 959

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	2 513		4 715	8 251	25 898
Administrative Expenses				1 840 451	1 798 042
Amounts Owed By Related Parties					297 916
Amounts Owed To Group Undertakings					55 133
Average Number Employees During Period	24	27	31	27	31
Bank Borrowings Overdrafts	2 249	1 369	2 118		178 654
Bank Overdrafts					178 654
Corporation Tax Payable				6 588
Cost Sales				305 054	662 441
Creditors	185 114	406 288	280 502	501 277	658 603
Future Minimum Lease Payments Under Non-cancellable Operating Leases					743 099
Increase From Depreciation Charge For Year Property Plant Equipment			4 715	3 536	1 989
Interest Payable Similar Charges Finance Costs					1 991
Other Creditors	32 236	66 935	1 971	172 423	145 104
Other Interest Receivable Similar Income Finance Income				8	11
Other Operating Income Format1				53 835
Other Taxation Social Security Payable	105 259	251 812	157 611	176 492	153 035
Profit Loss					244 388
Profit Loss On Ordinary Activities Before Tax				361 090	-244 388
Property Plant Equipment Gross Cost	2 513		18 860	34 518
Tax Tax Credit On Profit Or Loss On Ordinary Activities				6 587
Total Borrowings					178 654
Trade Creditors Trade Payables	45 370	70 172	88 969	152 362	126 677
Trade Debtors Trade Receivables	262 680	420 559	356 311	433 424	553 430
Amount Specific Advance Or Credit Directors	5 000	5 000	5 000
Amount Specific Advance Or Credit Made In Period Directors	20 000
Amount Specific Advance Or Credit Repaid In Period Directors	20 000
Amounts Owed By Associates		5 550	5 550
Disposals Decrease In Depreciation Impairment Property Plant Equipment		2 513
Disposals Property Plant Equipment		2 513
Net Current Assets Liabilities	267 318	389 724	335 985	672 024
Number Shares Issued Fully Paid			5 000	5 000
Par Value Share			0	0
Provisions For Liabilities Balance Sheet Subtotal			2 382	2 382
Total Additions Including From Business Combinations Property Plant Equipment			18 860
Total Assets Less Current Liabilities	267 318	389 724	350 130	682 633