Iti Network Services Limited in Sheffield, S4 7JS

Description

Data updated on: 01-11-2023

Iti Network Services Limited,registered as Private Limited Company, located in Access House, 41 Clun Street in Sheffield. The main office's zip code S4 7JS. This company has been registered on 1995-01-27. The company's registered no. is 03015303. Despite the fact, that currently it is operating under the name of Iti Network Services Limited, it was not always so. This firm was known under the name Swirlbyte until 1995-03-22, when the name was replaced by I.t. Installations. The final transformation came on 2017-03-02. This firm's Standard Industrial Classification Code is 61900 which stands for Other telecommunications activities. 2022/03/31 is the last time when the company accounts were filed.

As the data suggests, the following limited company was founded in 1995 and has been supervised by six directors, and out of them three (David N., Steven C. and Jason D.) are still a part of the company.

Previous company's names
Iti Network Services Limited 2017-03-02
I.t. Installations Limited 1995-03-22
Swirlbyte Limited 1995-01-27

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-07-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	-327 665	117 311	140 450

Balance Sheet
Cash Bank On Hand			23 230	27 704	67 300	324 204	362 756	332 732	373 253	111 697
Current Assets	1 004 214	1 107 007	1 408 380	849 352	1 143 785	1 517 974	1 780 897	1 524 906	2 704 020	1 751 555
Debtors	657 557	642 934	803 852	818 549	1 073 315	1 192 485	1 415 006	1 174 782	2 305 687	1 541 862
Net Assets Liabilities			140 450	-111 942	139 810	590 525	704 024	533 436	610 158	471 817
Other Debtors			124 149	54 249	80 410	39 404	59 056	80 096	82 939	82 788
Property Plant Equipment			39 657	60 878	51 392	40 028	141 527	82 017	125 644	143 776
Total Inventories			581 298	3 099	3 170	1 285	3 135	17 392	25 080
Cash Bank In Hand	53 955	63 151	23 230
Net Assets Liabilities Including Pension Asset Liability	-327 665	117 311
Stocks Inventory	292 702	400 922	581 298
Tangible Fixed Assets	15 993	33 979	39 657

Capital & Reserves
Called Up Share Capital	9 002	9 002	9 002
Profit Loss Account Reserve	-339 281	105 695	128 834
Shareholder Funds	-327 665	117 311	140 450

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets			27 042	27 042	27 042
Accumulated Depreciation Impairment Property Plant Equipment			94 747	49 138	67 022	83 603	103 890	91 168	126 260	179 479
Additions Other Than Through Business Combinations Property Plant Equipment				57 404	20 578	15 696	143 903	55 880	158 008	81 351
Amounts Owed By Related Parties					34 881	251 916	271 540	432 723	75 000	5 000
Amounts Owed To Group Undertakings			2	2	9 210				38 535	60 188
Average Number Employees During Period						22	24	21	21	29
Bank Borrowings				214 871	166 844
Bank Borrowings Overdrafts				167 172	117 304			212 500	162 500	112 500
Corporation Tax Payable			50
Corporation Tax Recoverable			15 278	161 701	23 135		41 267		9 908	14 576
Creditors			460 479	174 109	119 462	12 790	44 546	214 275	162 500	121 442
Deferred Tax Asset Debtors					81 313	68 432	72 416	96 787	125 000	201 000
Finance Lease Payments Owing Minimum Gross						27 158	89 474	16 806
Fixed Assets	20 995	38 981	44 659	65 880	56 393	40 028
Future Minimum Lease Payments Under Non-cancellable Operating Leases						2 395				45 000
Income From Related Parties						10 447	31 418
Increase From Depreciation Charge For Year Property Plant Equipment				9 023	30 064	24 891	42 404	46 758	57 494	54 051
Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment				24 554
Intangible Assets Gross Cost			27 042	27 042	27 042
Investments Fixed Assets	5 002	5 002	5 002	5 002	5 001
Net Current Assets Liabilities	382 032	424 663	556 270	-3 713	202 879	563 287	607 043	665 694	647 014	449 483
Number Equity Instruments Exercisable Share-based Payment Arrangement						196	196	196	196	196
Number Equity Instruments Outstanding Share-based Payment Arrangement					200	196	196	196	196
Number Shares Issued Fully Paid				796	2 000
Other Creditors			460 479	6 937	2 158	12 790	44 546	1 775	1 371 280	8 942
Other Disposals Decrease In Amortisation Impairment Intangible Assets						27 042
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				79 186	12 180	8 310	22 117	59 480	22 402	832
Other Disposals Intangible Assets						27 042
Other Disposals Property Plant Equipment				81 792	12 180	10 479	22 117	128 112	79 289	10 000
Other Taxation Social Security Payable			167 630	153 740	177 328	137 103	170 561	208 703	57 492	181 147
Par Value Share		1	1	1	1
Payments To Related Parties						66 207	272 226	245 029
Percentage Class Share Held In Subsidiary					100
Profit Loss			23 139	-237 392	251 752	464 715
Property Plant Equipment Gross Cost			134 404	110 016	118 414	123 631	245 417	173 185	251 904	323 255
Total Assets Less Current Liabilities	403 027	463 644	600 929	62 167	259 272	603 315	748 570	747 711	772 658	593 259
Total Borrowings				167 172	117 304
Trade Creditors Trade Payables			94 136	161 527	271 970	197 031	301 479	226 997	539 699	301 695
Trade Debtors Trade Receivables			664 426	602 599	853 576	832 733	970 727	565 176	2 012 840	1 238 498
Weighted Average Exercise Price Equity Instruments Exercisable Share-based Payment Arrangement						250	250	250	250	250
Weighted Average Exercise Price Equity Instruments Exercised Share-based Payment Arrangement						250
Weighted Average Exercise Price Equity Instruments Outstanding Share-based Payment Arrangement					250	250	250	250	250
Creditors Due After One Year	730 692	346 333	460 479
Creditors Due Within One Year	622 182	682 344	852 110
Intangible Fixed Assets Aggregate Amortisation Impairment		27 042	27 042
Intangible Fixed Assets Cost Or Valuation		27 042	27 042
Number Shares Allotted		9 002	9 002
Other Reserves		2 614	2 614
Percentage Subsidiary Held			100
Non-instalment Debts Due After5 Years	200 000	200 000
Other Aggregate Reserves	2 614	2 614
Secured Debts	454 179	562 405
Share Capital Allotted Called Up Paid	9 002	9 002	9 002
Tangible Fixed Assets Additions		26 867	47 482
Tangible Fixed Assets Cost Or Valuation	99 435	120 576	134 404
Tangible Fixed Assets Depreciation	83 442	86 597	94 747
Tangible Fixed Assets Depreciation Charged In Period		6 474	12 781
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		3 319	4 631
Tangible Fixed Assets Disposals		5 726	33 654
Amount Specific Advance Or Credit Directors	43 993	54 764