Wellspring Europe Limited in Cambridgeshire, CB7 5JU

Description

Data updated on: 01-11-2023

This Wellspring Europe Limited business has been on the market for 22 years, as it's been established in 2002. Registered under the number 04475185, Wellspring Europe is categorised as a Private Limited Company located in 109 Carter Street, Cambridgeshire CB7 5JU. The name of this business was replaced in the year 2021 to Wellspring Europe Limited. This business previous name was Myip. The enterprise's SIC and NACE codes are 62012 and their NACE code stands for Business and domestic software development. Wellspring Europe Ltd reported its latest accounts for the financial year up to 2023-03-31. Its latest confirmation statement was filed on 2023-06-23.

On Friday 8th May 2015, the firm was looking for a Experienced ASP.NET Developer to fill a full time vacancy in the computer software in Ely, Anglia. They offered a flexible agreement with wage £20.5 per hour. The offered job position required experienced worker and an undergraduate degree. All the applications should include job offer id T3AVT4WOSF.

Within this specific limited company, most of director's duties up till now have been executed by Sean D. and John M.. When it comes to these two managers, Sean D. has been with the limited company for the longest time, having been a vital addition to company's Management Board for one year.

Previous company's names
Wellspring Europe Limited 2021-08-03
Myip Limited 2002-07-02

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	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	2024-02-29
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	71 319	66 321	70 154	101 358	69 353	72 590

Balance Sheet
Cash Bank On Hand						89 262	127 899	73 916	103 728	70 033	140 335	109 730	116 210	25 539
Current Assets	94 392	86 613	94 762	128 430	101 878	100 097	133 599	115 770	128 587	105 750	194 226	298 723	283 166	25 705
Debtors	28 227	14 904	10 994	55 604	31 149	10 835	5 700	41 854	24 859	35 717	53 891	188 993	166 956	166
Net Assets Liabilities						72 590	98 775	93 680	100 597	106 163	12 239	84 090	88 097	-8 371
Other Debtors											1 860	106 421	94 484	166
Property Plant Equipment						3 288	4 241	3 622		10 278	10 315	8 548	6 313
Cash Bank In Hand	66 165	71 709	83 768	72 826	70 729	89 262
Net Assets Liabilities Including Pension Asset Liability	71 319	66 321	70 154	101 358	69 353	72 590
Tangible Fixed Assets	742	1 488	1 527	1 321	2 082	3 288

Capital & Reserves
Called Up Share Capital	1	1	1	1	1	1
Profit Loss Account Reserve	71 318	66 320	70 153	101 357	69 352	72 589
Shareholder Funds	71 319	66 321	70 154	101 358	69 353	72 590

Other Financial Data
Version Production Software										2 020	2 022
Accrued Liabilities									600
Accumulated Depreciation Impairment Property Plant Equipment						8 865	13 120	16 502	20 124	22 694	25 915	28 632	31 049
Additions Other Than Through Business Combinations Property Plant Equipment							5 208	2 763		12 848	3 258
Average Number Employees During Period						4	4	5	5	5	4	4	3
Creditors						30 795	39 065	25 712	27 990	24 595	192 302	221 557	200 183	34 076
Increase From Depreciation Charge For Year Property Plant Equipment							4 255	3 382	3 622	2 570	3 221	2 926	2 417
Loans From Directors						10 025	10 025
Net Current Assets Liabilities	70 577	64 833	68 627	100 037	67 271	69 302	94 534	90 058	100 597	81 155	1 924	77 166	82 983	-8 371
Nominal Value Allotted Share Capital						1	1	1	1	1	1
Number Shares Allotted	1	1	1	1	1	1	1	1	1	1	1
Other Creditors								10 231		14 924	153 788	188 140	180 433	14 174
Other Provisions Balance Sheet Subtotal										-14 730
Par Value Share	1	1	1	1	1	1	1	1	1	1	1
Property Plant Equipment Gross Cost						12 153	17 361	20 124	20 124	32 972	36 230	37 180	37 362
Taxation Social Security Payable						16 784	28 905	12 752	23 922	19 900	38 514
Total Assets Less Current Liabilities	71 319	66 321	70 154	101 358	69 353					91 433	12 239	85 714	89 296	-8 371
Trade Creditors Trade Payables						3 986	135	2 729	3 468	4 695	9 570
Trade Debtors Trade Receivables						10 835	5 700	41 854	24 859	35 717	52 031	82 572	72 472
Disposals Decrease In Depreciation Impairment Property Plant Equipment												209		30 785
Disposals Property Plant Equipment												477		36 966
Other Taxation Social Security Payable											38 514	33 417	19 750	19 902
Provisions For Liabilities Balance Sheet Subtotal												1 624	1 199
Total Additions Including From Business Combinations Property Plant Equipment												1 427	182
Creditors Due Within One Year	23 815	21 780	26 135	28 393	34 607	30 795
Fixed Assets	742	1 488	1 527	1 321	2 082
Share Capital Allotted Called Up Paid	1	1	1	1	1	1
Tangible Fixed Assets Additions		1 479	792	447	1 789	2 823
Tangible Fixed Assets Cost Or Valuation	4 823	6 302	7 094	7 541	9 330	12 153
Tangible Fixed Assets Depreciation	4 081	4 814	5 567	6 220	7 248	8 865
Tangible Fixed Assets Depreciation Charged In Period		733	753	653	1 028	1 617