Networks Centre Limited in Ashington, RH20 3DJ

Description

Data updated on: 01-11-2023

This company referred to as Networks Centre was started on 9th August 2005 as a Private Limited Company. The company's office may be reached at Ashington on Bentley House, Wiston Business Park, London Road. Should you have to contact the firm by post, its zip code is RH20 3DJ. The official registration number for Networks Centre Limited is 05531233. The company's principal business activity number is 62090 - Other information technology service activities. Networks Centre Ltd filed its account information for the financial period up to 2022-12-31. Its most recent confirmation statement was filed on 2023-08-24.

With seven recruitment advertisements since May 20, 2014, the enterprise has been one of the most active firms on the job market. Recently, it was employing new workers in Horsham. They employ workers on such positions as: Credit Control/Accounts Assistant, Warehouse Operative/Driver and Finance Analyst/Assistant.

When it comes to this firm's register, since 2022 there have been three directors: Sonny M., Niklas S. and Duncan L..

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-09-30	2014-09-30	2015-09-30	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31
Currency
Net Worth	762 710	721 535	479 770

Balance Sheet
Cash Bank On Hand			61 167	244 519	1 052 505	618 239	507 658	997 584	683 707
Current Assets				4 203 864	5 264 970	6 521 015	7 166 872	9 699 307	9 791 967
Debtors	600 352	1 014 064	1 324 336	1 856 066	1 699 095	3 033 720	3 380 920	4 873 117	4 686 269
Net Assets Liabilities				365 871	528 152	597 525	857 349	2 415 067	3 044 691
Other Debtors	175 091	554 796	812 011	283 895	183 306	61 629	1 337 753	1 561 685	1 404 154
Property Plant Equipment			516 092	423 813	358 327	948 757	913 292	797 589	1 042 014
Total Inventories			2 004 858	2 103 279	2 513 370	2 869 056	3 278 294	3 828 606	4 421 991
Cash Bank In Hand	216 996	98 000	61 167
Stocks Inventory	1 999 674	2 027 784	2 004 858
Tangible Fixed Assets	337 296	359 208	516 092
Trade Debtors	425 261	459 268	477 935

Capital & Reserves
Called Up Share Capital	240	208	183
Profit Loss Account Reserve	739 647	698 471	456 706
Shareholder Funds	762 710	721 535	479 770

Other Financial Data
Audit Fees Expenses			7 600	8 000	8 400	12 000	12 000	12 000	13 000
Accrued Liabilities Deferred Income					39 476	81 426	40 836	48 164	261 829
Accumulated Depreciation Impairment Property Plant Equipment			491 300	592 644	683 813	497 928	614 534	741 166	808 618
Additions Other Than Through Business Combinations Property Plant Equipment						862 272	130 082	53 097	531 036
Administrative Expenses	1 447 686	1 202 811	1 443 271	2 236 423	1 960 101	2 538 974	2 188 038	2 043 639	3 083 754
Amounts Owed By Group Undertakings						1 449 600	1 449 600	1 499 600	2 492 060
Amounts Owed To Group Undertakings							1 516 780		186 054
Average Number Employees During Period					46	49	53	50	57
Bank Borrowings					70 171	720 541	488 781	774 396	611 209
Bank Borrowings Overdrafts	30 177		81 158	70 022	60 392	387 109	282 182	615 163	448 009
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment					9 929	13 594	14 468	26 946	61 341
Corporation Tax Payable			83 703	163 304	171 304		130 000	202 648	121 191
Corporation Tax Recoverable			17 887	54 193	36 643	55 075	4 523	4 523	4 523
Cost Sales	8 667 106	9 578 028	11 603 453	20 751 468	17 314 701	19 621 370	22 271 538	22 037 204	26 789 015
Creditors			254 793	161 375	114 629	519 118	400 822	634 643	579 882
Current Tax For Period					171 304	50 000	130 000	202 716	271 259
Debentures In Issue						400 000
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences					-4 900	35 000		200	2 400
Depreciation Expense Property Plant Equipment					66 947	22 536	98 960	51 475	45 851
Dividend Income From Group Undertakings						1 450 000
Dividends Paid			194 001	300 002	402 360	244 031	383 000	288 960	400 000
Dividends Paid On Shares Final					402 360	244 031	383 000	288 960	400 000
Equity Settled Share-based Payments Increase Decrease In Equity					-37 196	2 612
Finance Lease Liabilities Present Value Total					54 237	132 009	118 640	19 480	131 873
Finance Lease Payments Owing Minimum Gross					123 126	181 006	158 704	128 787	181 985
Finished Goods Goods For Resale		2 027 784	2 004 858		2 513 370	2 869 056	3 278 294	3 828 606	4 421 991
Fixed Assets				423 813	359 127	948 757
Further Item Interest Expense Component Total Interest Expense								-68
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss								1 186 146
Further Item Tax Increase Decrease Component Adjusting Items					3 164	4 746	3 366	10 147	8 457
Future Minimum Lease Payments Under Non-cancellable Operating Leases					544 384	4 124 013	3 787 626	3 615 950	5 022 215
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss					54 884	-10 958	-61 591	31 962	126 000
Gain Loss On Disposals Property Plant Equipment					3 948	-72 035	1 029	3 334	51 944
Government Grant Income								223 697
Gross Profit Loss	1 834 242	1 654 361	1 740 901	2 836 073	2 845 969	2 892 582	3 016 004	2 608 526	4 141 449
Impairment Loss Reversal On Investments						1 495 255		31 326
Increase Decrease In Current Tax From Adjustment For Prior Periods						1 084		630
Increase From Depreciation Charge For Year Property Plant Equipment				191 943	100 777	111 690	147 910	155 685	210 350
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings					5 329	16 355	23 921	26 930	16 448
Interest Expense On Debt Securities In Issue Other Similar Loans					80 816	101 165	116 032	77 435	99 203
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts					15 762	9 135	15 551	9 376	8 765
Interest Income					24 369	17 790	362
Interest Income From Group Undertakings Participating Interests					24 153	17 208
Interest Income On Bank Deposits						507	362	10	4
Interest Payable Similar Charges Finance Costs			77 301	134 237	101 907	126 655	155 504	113 673	124 416
Investments Fixed Assets					800
Investments In Subsidiaries					800
Issue Bonus Shares Decrease Increase In Equity						-2
Issue Equity Instruments					17 071	15 953
Net Current Assets Liabilities	568 104	497 979	238 271	123 233	298 554	217 786	394 779	2 302 221	2 635 059
Net Finance Income Costs					24 369	1 467 790	362
Number Equity Instruments Exercisable Share-based Payment Arrangement					1 900	1 400
Number Equity Instruments Expired Share-based Payment Arrangement							1 400
Number Equity Instruments Granted Share-based Payment Arrangement					400
Number Equity Instruments Outstanding Share-based Payment Arrangement				3 890	2 696	1 400
Operating Profit Loss	386 556	451 550	297 630	676 935	808 583	553 608	927 966	2 204 730	1 427 695
Other Creditors			3 171 088	4 080 631	54 237	1 309 989	87 360	68 030	201 536
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				90 599	9 608	297 575	31 304	29 053	142 898
Other Disposals Property Plant Equipment				139 927	19 183	457 727	48 941	42 168	219 159
Other Interest Income					216	75
Other Interest Receivable Similar Income Finance Income					24 369	1 467 790	362	10	4
Other Operating Income Format1				77 285	-77 285	200 000	100 000	453 697	370 000
Other Taxation Social Security Payable			282 111	481 340	410 184	219 475	542 043	773 926	666 449
Pension Other Post-employment Benefit Costs Other Pension Costs					119 876	76 401	105 782	79 542	129 375
Prepayments Accrued Income					10 940	10 507	15 475	50 338	33 373
Profit Loss			145 436	405 105	564 641	313 404	642 824	1 846 678	1 029 624
Profit Loss On Ordinary Activities Before Tax	330 459	385 404	220 329	542 698	731 045	399 488	772 824	2 059 741	1 303 283
Property Plant Equipment Gross Cost			1 007 392	1 016 455	1 042 140	1 446 685	1 527 826	1 538 755	1 850 632
Provisions For Liabilities Balance Sheet Subtotal				19 800	14 900	49 900	49 900
Redemption Shares Decrease In Equity			200 000	200 000
Social Security Costs		97 154	119 863		229 513	220 811	243 496	228 548	285 412
Staff Costs Employee Benefits Expense					2 056 049	2 155 254	2 409 028	2 326 017	3 080 270
Taxation Including Deferred Taxation Balance Sheet Subtotal					14 900	49 900	49 900	50 100	52 500
Tax Expense Credit Applicable Tax Rate					138 899	75 903	146 837	391 351	247 624
Tax Increase Decrease Arising From Group Relief Tax Reconciliation						-49 469	-38 605
Tax Increase Decrease From Effect Dividends From Companies						-275 500
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss					22 129	309 285	38 463	18 559	73 179
Tax Increase Decrease From Other Short-term Timing Differences					2 212	20 035	-20 061	14 776	-43 545
Tax Tax Credit On Profit Or Loss On Ordinary Activities			68 093	137 593	166 404	86 084	130 000	213 063	273 659
Total Additions Including From Business Combinations Property Plant Equipment				148 992	44 868
Total Assets Less Current Liabilities	905 400	857 187	754 363	547 046	657 681	1 166 543	1 308 071	3 099 810	3 677 073
Total Borrowings					70 171	1 120 541	488 781	615 163	448 009
Total Current Tax Expense Credit					171 304	51 084	130 000	212 863	271 259
Total Operating Lease Payments					215 474	408 619	321 405	377 998	462 683
Trade Creditors Trade Payables			2 558 696	3 176 192	4 172 950	3 909 910	4 208 411	6 035 778	5 506 537
Trade Debtors Trade Receivables			477 931	507 272	656 706	344 735	573 569	1 756 971	752 159
Turnover Revenue			13 344 354	23 587 541	20 160 670	22 513 952	25 287 542	24 645 730	30 930 464
Wages Salaries					1 706 660	1 858 042	2 059 750	2 017 927	2 665 483
Weighted Average Exercise Price Equity Instruments Exercisable Share-based Payment Arrangement					0	0	0
Weighted Average Exercise Price Equity Instruments Exercised Share-based Payment Arrangement					0	0
Weighted Average Exercise Price Equity Instruments Expired Share-based Payment Arrangement							0
Weighted Average Exercise Price Equity Instruments Forfeited Share-based Payment Arrangement						0
Weighted Average Exercise Price Equity Instruments Granted Share-based Payment Arrangement					0
Weighted Average Exercise Price Equity Instruments Outstanding Share-based Payment Arrangement				0	0	0	0
Company Contributions To Defined Benefit Plans Directors					66 382	759	1 131
Director Remuneration						50 000	50 000
Director Remuneration Benefits Including Payments To Third Parties					116 382	50 759	51 131
Total Fees To Auditors	25 575
Advances Credits Directors		291 750	371 549
Advances Credits Made In Period Directors		291 750	239 500
Advances Credits Repaid In Period Directors			159 701
Company Contributions To Money Purchase Schemes Directors		27 000	148 713
Director Remuneration Benefits Excluding Payments To Third Parties	406 212	157 009
Accruals Deferred Income Within One Year		10 238	11 823
Adjustment For Prior Periods Leading To An Increase Decrease In Tax Charge		3 762
Bank Overdrafts	38 758	163 846	145 118
Cash Flow Outflow Before Management Liquid Resources Financing		20 227	38 629
Commitments Under Non-cancellable Operating Leases Land Buildings		-142 580	-177 829
Commitments Under Non-cancellable Operating Leases Other Items	-171 276	-36 076	-41 784
Corporation Tax Due Within One Year		105 423	83 703
Corporation Tax Recoverable Current Asset			17 887
Creditors Due After One Year	116 962	118 129	254 793
Creditors Due Within One Year	2 248 918	2 641 869	3 152 090
Debtors Due After One Year			161 857
Depreciation Tangible Fixed Assets Expense	107 163	123 874	164 232
Difference Between Accumulated Depreciation Amortisation Capital Allowances	25 728	17 523	19 800
Expenses Not Deductible For Tax Purposes		17 727	18 285
Foreign Currency Translation Gain Loss Recognised In Profit Loss		77 207	19 422
Gain Loss From Disposal Tangible Fixed Assets		-5 771	-23 426
Increase Decrease In Net Cash For Period		253 760	10 732
Increase Decrease In U K Corporation Tax Arising From Adjustment For Prior Periods		3 762
Interest Payable Similar Charges	56 097	66 146	77 301
Land Buildings Operating Leases Expiring After Five Years			-56 000
Land Buildings Operating Leases Expiring Between Two Five Years		-142 580	-67 000
Land Buildings Operating Leases Expiring Within One Year			-54 829
Net Assets Liability Excluding Pension Asset Liability	762 710	721 535	479 770
Net Debt Funds		226 123	387 495
Net Increase Decrease In Shareholders Funds		-41 176
Number Shares Allotted		3 000	3 000
Obligations Under Finance Lease Hire Purchase Contracts After One Year	86 785	118 129	173 635
Obligations Under Finance Lease Hire Purchase Contracts Within One Year	28 526	42 148	48 751
Obligations Under Finance Leases Hire Purchase Contracts Between One To Two Years			-46 247
Obligations Under Finance Leases Hire Purchase Contracts Between Two To Five Years			-34 911
Other Creditors Due Within One Year	194 108	60 943	21 885
Other Operating Leases Expiring Between Two Five Years	-162 287	-178 656	-24 114
Other Operating Leases Expiring Within One Year		-8 989	-17 670
Other Reserves	22 823	22 857	22 881
Other Taxation Social Security Within One Year	236 634	240 776	282 111
Par Value Share		1	1
Pension Costs		40 913	168 271
Pensions Costs Defined Contribution Schemes	2 125	40 913	168 271
Prepayments Accrued Income Current Asset		41 835	16 503
Profit Loss For Period	238 476	284 424	152 236
Provisions Charged Credited To Profit Loss Account During Period		-8 205	2 277
Provisions For Liabilities Charges	25 728	17 523	19 800
Share Capital Allotted Called Up Paid	30	30	30
Short-term Borrowing Charges Including Bank Interest		4 988	6 033
Tangible Fixed Assets Additions		169 815	363 292
Tangible Fixed Assets Cost Or Valuation	702 226	835 150	1 007 392
Tangible Fixed Assets Depreciation	364 930	475 942	491 300
Tangible Fixed Assets Depreciation Charged In Period	-4 913	123 874	164 234
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		12 862	148 876
Tangible Fixed Assets Disposals		36 891	191 050
Taxation Expense Credit		78 255	105 423
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate		-83 710	-45 013
Tax On Profit Or Loss On Ordinary Activities	91 983	100 980	68 093
Total Dividend Payment		46 500	194 001
Total U K Foreign Current Tax After Adjustments Relief	78 255	109 185	65 816
Trade Creditors Within One Year	1 750 892	2 028 733	2 558 699
Turnover Gross Operating Revenue	10 501 348	11 232 389	13 344 354
U K Current Corporation Tax On Income For Period	78 255	105 423	65 816