Netpractise Limited in Newcastle Upon Tyne, NE2 1SQ

Description

Data updated on: 01-05-2022

Netpractise Limited, a Private Limited Company, that is based in 5 Osborne Terrace, Jesmond in Newcastle Upon Tyne. The postal code is NE2 1SQ. The enterprise was formed on Tuesday 8th October 2013. The business Companies House Reg No. is 08723721. Netpractise Limited was known nine years ago under the name of Willoughby 808. This business's Standard Industrial Classification Code is 62090 and their NACE code stands for Other information technology service activities. The business most recent filed accounts documents cover the period up to 2020-12-31 and the latest confirmation statement was filed on 2021-10-08.

In order to meet the requirements of their client base, this particular limited company is permanently being guided by a number of five directors who are, to name just a few, Sean R., Neil S. and John K.. Their successful cooperation has been of great use to this specific limited company since 2022.

Previous company's names
Netpractise Limited 2013-11-25
Willoughby 808 Ltd 2013-10-08

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31
Currency

Balance Sheet
Cash Bank On Hand	3 900	122 901	78 222	74 698	116 486
Current Assets	112 427	396 259	586 885	339 278	267 050
Debtors	108 527	264 036	466 009	259 403	146 795
Other Debtors	11 556				4 034
Property Plant Equipment	4 049	2 765	1 481	197
Total Inventories		9 322	42 654	5 177	3 769

Other Financial Data
Audit Fees Expenses	3 150	3 213	6 523	9 000	7 500
Accrued Liabilities Deferred Income	18 033	120 454	47 385	69 560	54 701
Accumulated Depreciation Impairment Property Plant Equipment	2 368	3 652	4 936	6 220	2 867
Administrative Expenses	249 566	353 235	372 486	605 047	465 262
Amounts Owed By Group Undertakings		10 526
Amounts Owed To Group Undertakings	527 634	860 995	545 156	596 944	380 956
Amounts Recoverable On Contracts	40 220	190 930	288 360	116 134	8 098
Average Number Employees During Period	11	11	12	17	15
Corporation Tax Payable			41 549
Corporation Tax Recoverable		6 405		65 890	66 358
Cost Inventories Recognised As Expense Gross	313 471	480 068
Cost Sales	313 471	480 068	1 398 493	1 132 709	594 374
Creditors	596 925	1 095 697	928 009	841 791	771 574
Current Tax For Period		-6 405	57 277
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit			-11 821
Depreciation Expense Property Plant Equipment		1 284	1 284	1 284	24
Further Item Tax Increase Decrease Component Adjusting Items	115	135	422	242	420
Future Minimum Lease Payments Under Non-cancellable Operating Leases				29 036	13 768
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	1 374	-2 328	5 449	461	-605
Gain Loss On Disposals Property Plant Equipment					-173
Gross Profit Loss	-22 727	130 606	786 793	442 374	462 586
Increase From Depreciation Charge For Year Property Plant Equipment		1 284	1 284		24
Issue Ordinary Shares	1	1
Net Current Assets Liabilities	-484 498	-699 438	-341 124	-502 513	-504 524
Operating Lease Payments Owing	66 500	56 853
Operating Profit Loss				-162 673	-2 676
Other Creditors	43 529	39 930	52 960	23 373	173 503
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					3 377
Other Disposals Property Plant Equipment					3 550
Other Interest Income					468
Other Interest Receivable Similar Income Finance Income					468
Other Taxation Social Security Payable	893	45 663	52 241	19 373	9 932
Pension Costs Defined Contribution Plan	1 611	6 060
Pension Other Post-employment Benefit Costs Other Pension Costs	1 611	6 060	9 451	12 279	12 566
Prepayments Accrued Income	1 776	34 932	3 121	22 558	46 585
Profit Loss	-272 293	-216 224	357 030	-162 673	-2 208
Profit Loss On Ordinary Activities After Tax	-272 293	-216 224	357 030	-162 673	-2 208
Profit Loss On Ordinary Activities Before Tax	-272 293	-222 629	414 307	-162 673	-2 208
Property Plant Equipment Gross Cost	6 417	6 417		6 417	2 867
Raw Materials Consumables		9 322	4 744	5 177	3 769
Revenue From Sale Goods	232 364	493 937
Social Security Costs	16 852	17 386	37 989	32 032	32 524
Staff Costs Employee Benefits Expense	184 694	193 037	297 744	380 579	354 215
Tax Expense Credit Applicable Tax Rate				-30 908	-420
Tax Increase Decrease Arising From Group Relief Tax Reconciliation	58 703	40 571	-6 027	30 534
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-4 400	-4 878	-4 015	132
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	41	623
Tax Tax Credit On Profit Or Loss On Ordinary Activities		-6 405	57 277
Total Assets Less Current Liabilities	-480 449	-696 673	-339 643	-502 316	-504 524
Total Current Tax Expense Credit		6 405
Total Operating Lease Payments	10 418	14 933	15 057	15 057	14 866
Trade Creditors Trade Payables	6 836	28 655	188 718	132 541	152 482
Trade Debtors Trade Receivables	54 975	21 243	174 528	54 821	21 720
Turnover Revenue	290 744	610 674	2 185 286	1 575 083	1 056 960
Wages Salaries	166 231	169 591	250 304	336 268	309 125

Company staff

Sean R.

Role: Director

Appointed: 24 January 2022

Latest update: 27 May 2022

Neil S.

Role: Director

Appointed: 19 August 2020

Latest update: 27 May 2022

John K.

Role: Director

Appointed: 28 January 2016

Latest update: 27 May 2022

Suzanne R.

Role: Director

Appointed: 13 January 2015

Latest update: 27 May 2022

Peter J.

Role: Director

Appointed: 13 January 2015

Latest update: 27 May 2022

James K.

Role: Director

Appointed: 19 August 2020

Resigned: 01 December 2021

Latest update: 27 May 2022

David R.

Role: Director

Appointed: 28 January 2016

Resigned: 21 April 2017

Latest update: 27 May 2022

Philip C.

Role: Director

Appointed: 28 January 2016

Resigned: 08 April 2019

Latest update: 27 May 2022

Kevin T.

Role: Director

Appointed: 01 July 2014

Resigned: 21 October 2014

Latest update: 27 May 2022

Antony S.

Role: Director

Appointed: 01 July 2014

Resigned: 08 April 2019

Latest update: 27 May 2022

Edward H.

Role: Director

Appointed: 01 July 2014

Resigned: 21 October 2014

Latest update: 27 May 2022

Simon B.

Role: Director

Appointed: 08 October 2013

Resigned: 28 January 2016

Latest update: 27 May 2022

Michael S.

Role: Director

Appointed: 08 October 2013

Resigned: 13 January 2015

Latest update: 27 May 2022

People with significant control

The companies with significant control over this firm include: Tew Engineering Ltd owns over 3/4 of company shares. This business can be reached in Newcastle Upon Tyne at Osborne Terrace, NE2 1SQ and was registered as a PSC under the reg no 01134730.

Tew Engineering Ltd

Address: 5 Osborne Terrace, Newcastle Upon Tyne, NE2 1SQ, United Kingdom

Legal authority Companies Act 2006

Legal form Private Company Limited By Shares

Country registered England And Wales

Place registered Companies House

Registration number 01134730

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	30 September 2022
Account last made up date	31 December 2020
Confirmation statement next due date	22 October 2022
Confirmation statement last made up date	08 October 2021

Annual Accounts
Start Date For Period Covered By Report	2017-01-01
End Date For Period Covered By Report	2017-12-31
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31

Netpractise Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Sean R.

Neil S.

John K.

Suzanne R.

Peter J.

James K.

David R.

Philip C.

Kevin T.

Antony S.

Edward H.

Simon B.

Michael S.

People with significant control

Tew Engineering Ltd

Accounts Documents

Company filings

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