Navisite Europe Limited in Frome Road, BA2 2PP

Description

Data updated on: 01-11-2023

The firm is known under the name of Navisite Europe Limited. The company was started 36 years ago and was registered under 02329182 as the registration number. This registered office of this firm is situated in Frome Road. You may visit them at Business Control Ltd, Red Lion Yard. It has been already twenty one years since This firm's registered name is Navisite Europe Limited, but up till 2003 the name was Interliant Uk and before that, up till 2001/04/03 the firm was known as Sales Success. It means this company used three different names. The enterprise's Standard Industrial Classification Code is 63110 meaning Data processing, hosting and related activities. The latest filed accounts documents were submitted for the period up to Fri, 31st Dec 2021 and the most current annual confirmation statement was submitted on Sun, 27th Nov 2022.

The following business owes its accomplishments and permanent growth to a group of two directors, namely Janina M. and Mark C., who have been in charge of the company since 2019/09/05. Another limited company has been appointed as one of the secretaries of this company: Business Control Ltd.

Previous company's names
Navisite Europe Limited 2003-07-19
Interliant Uk Limited 2001-04-03
Sales Success Limited 1988-12-16

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	3 074 213	940 445	422 362	1 818 864
Current Assets	11 597 101	10 787 104	13 049 266	14 405 060
Debtors	8 522 888	9 846 659	12 626 904	12 586 196
Net Assets Liabilities	1 979 162	5 133 354	4 989 185	5 636 231
Other Debtors	1 437 039	1 434 388	289 814	315 965
Property Plant Equipment	1 519 402	938 117	1 288 306	700 723

Other Financial Data
Audit Fees Expenses	14 191	16 500	16 500	13 270
Fees For Non-audit Services	7 500	7 500	7 500	7 500
Other Non-audit Services Fees	4 500	4 500	4 500	4 500
Taxation Compliance Services Fees	3 000	3 000	3 000	3 000
Accumulated Amortisation Impairment Intangible Assets	1 376 042	1 381 704	1 386 311	1 390 918
Accumulated Depreciation Impairment Property Plant Equipment	20 673 715	20 703 950	21 574 945	22 307 900
Additions Other Than Through Business Combinations Intangible Assets		13 824
Additions Other Than Through Business Combinations Property Plant Equipment		531 923		145 372
Administrative Expenses	17 291 534	12 486 243	13 892 654	18 941 128
Amortisation Expense Intangible Assets	79 622	11 652	4 607	4 607
Amounts Owed By Related Parties		1 615 908	3 434 726	1 681 036
Amounts Owed To Related Parties	2 043 992	517 832	2 815 966	511 989
Applicable Tax Rate	19	19	19	19
Average Number Employees During Period	49	47	50	146
Balances With Banks	3 074 213	940 445	422 362	1 818 864
Bank Borrowings Overdrafts				-45 682
Comprehensive Income Expense	-1 991 409	3 154 192
Cost Sales	8 544 356	6 079 119	5 140 371	10 151 277
Creditors	2 120 481	1 618 952	1 081 733	822 294
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit	389 401	-244 860	40 472	-115 697
Depreciation Expense Property Plant Equipment	1 670 680	1 112 198	870 995	732 955
Disposals Decrease In Amortisation Impairment Intangible Assets		-5 990
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-1 081 963
Disposals Intangible Assets		-5 990
Disposals Property Plant Equipment		-1 082 973
Financial Liabilities	2 120 481	1 618 952	1 081 733	822 294
Fixed Assets	1 530 334	951 221	1 296 803	704 613
Future Minimum Lease Payments Under Non-cancellable Operating Leases	21 044 287	15 567 895	10 678 234	8 028 821
Gain Loss On Disposals Property Plant Equipment	9 644	-1 010
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss	-246 073	-39 106	73 584	1 797 700
Gross Profit Loss	15 300 023	15 640 435	13 746 098	19 588 174
Increase From Amortisation Charge For Year Intangible Assets		11 652		4 607
Increase From Depreciation Charge For Year Property Plant Equipment		1 112 198		732 955
Intangible Assets	10 932	13 104	8 497	3 890
Intangible Assets Gross Cost	1 386 974	1 394 808	1 394 808	1 394 808
Minimum Operating Lease Payments Recognised As Expense	7 567 028	5 212 900	3 447 836	3 104 424
Net Current Assets Liabilities	2 569 309	5 801 085	4 774 115	5 753 912
Number Shares Issued Fully Paid	1 287	1 287	1 287	1 287
Operating Profit Loss	-1 991 511	3 154 192	-146 506	647 046
Other Creditors	1 147 469		-4 840
Other Finance Income	102		2 337
Other Interest Receivable Similar Income Finance Income	102		2 337
Other Operating Income Format1			50
Other Payables Accrued Expenses	3 276 848	2 093 779	2 829 623	3 606 362
Other Remaining Operating Income			50
Par Value Share		1		1
Pension Costs Defined Contribution Plan	179 594	134 396	188 827	426 277
Prepayments	1 998 952	2 242 910	2 376 348	2 133 868
Profit Loss	-1 991 409	3 154 192	-144 169	647 046
Profit Loss On Ordinary Activities Before Tax	-1 991 409	3 154 192	-144 169	647 046
Property Plant Equipment Gross Cost	22 193 117	21 642 067	22 863 251	23 008 623
Revenue From Rendering Services	23 844 379	21 719 554	18 886 469	29 739 451
Selling Average Number Employees	49	47	50	146
Social Security Costs	478 432	423 961	607 422	1 240 358
Staff Costs Employee Benefits Expense	5 813 914	5 035 235	5 987 646	12 041 637
Taxation Social Security Payable	375 319	650 150	466 153	773 999
Tax Expense Credit Applicable Tax Rate	-378 368	599 296	-27 392	122 939
Tax Increase Decrease Arising From Group Relief Tax Reconciliation		16 834	24 350
Tax Increase Decrease From Effect Capital Allowances Depreciation		-374 136	-39 214	-8 286
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	-11 033	2 866	1 784	1 044
Total Assets Less Current Liabilities	4 099 643	6 752 306	6 070 918	6 458 525
Total Borrowings				45 682
Total Operating Lease Payments	7 567 028	5 212 900	3 447 836	3 307 112
Trade Creditors Trade Payables	2 184 164	1 724 258	2 168 249	3 713 116
Trade Debtors Trade Receivables	5 086 897	4 553 453	6 526 016	8 455 327
Turnover Revenue	23 844 379	21 719 554	18 886 469	29 739 451
Wages Salaries	5 155 888	4 476 878	5 191 397	10 375 002