Nitech Solutions Limited in Edinburgh, EH4 2HS

Description

Data updated on: 01-11-2023

Nitech Solutions is a business with it's headquarters at EH4 2HS Edinburgh at Suite 2, Ground Floor Orchard Brae House. This firm was formed in 2003 and is registered under the registration number SC255145. This firm has been operating on the UK market for 21 years now and the current state is active. It is known as Nitech Solutions Limited. However, this company also was listed as Newco (770) until it got changed twenty one years from now. The company's classified under the NACE and SIC code 28990 which stands for Manufacture of other special-purpose machinery n.e.c.. December 31, 2022 is the last time when account status updates were filed.

Regarding to the following business, all of director's obligations have so far been carried out by Frederick T., Alexander C., William B. and 4 other members of the Management Board who might be found within the Company Staff section of this page. As for these seven managers, Xiong-Wei N. has managed business for the longest period of time, having been a member of officers' team since 2003-10-29. At least one secretary in this firm is a limited company, specifically Mbm Secretarial Services Limited.

Previous company's names
Nitech Solutions Limited 2003-10-31
Newco (770) Limited 2003-09-02

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	209 663	132 365	124 612	214 863

Balance Sheet
Cash Bank On Hand					381 909	13 426	171 040	161 100	407 183
Current Assets	174 448	61 742	162 105	68 070	738 324	192 096	372 369
Debtors	70 584	12 603	49 047	4 250	267 831	35 099	105 419	218 193	102 516
Net Assets Liabilities					625 351	174 840	91 894	242 511	375 087
Other Debtors					80 575	31 699	48 767	84 871	42 493
Property Plant Equipment					3 617	3 551	2 229	907	3 438
Total Inventories					88 584	143 571	95 910	49 472	71 746
Cash Bank In Hand	97 901	52 165	92 373	19 017
Intangible Fixed Assets	107 561	102 676	112 825	115 340
Net Assets Liabilities Including Pension Asset Liability	209 663	132 365	124 612	214 863
Stocks Inventory	5 963	9 577	20 685	44 803

Capital & Reserves
Called Up Share Capital	171 998	176 573	176 573	193 190
Profit Loss Account Reserve	-3 293 487	-3 370 793	-3 378 546	-3 338 295
Shareholder Funds	209 663	132 365	124 612	214 863

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets					248 998	267 045	290 659	329 669	366 810
Accumulated Depreciation Impairment Property Plant Equipment					472	1 737	3 059	4 381	6 096
Average Number Employees During Period						9	4	4	8
Bank Borrowings Overdrafts									40 907
Contingent Liabilities							180 000	168 712
Corporation Tax Recoverable								12 072
Creditors					208 149	120 204	141 542	264 012	193 194
Disposals Decrease In Amortisation Impairment Intangible Assets									-1 612
Disposals Intangible Assets									-6 332
Dividends Paid On Shares					91 559	99 397
Fixed Assets	107 561	102 676	112 825	115 340	95 176	102 948	283 162
Increase Decrease In Net Deferred Tax Liability From Amount Recognised In Profit Or Loss									-5 265
Increase From Amortisation Charge For Year Intangible Assets						18 047	23 614	39 010	38 753
Increase From Depreciation Charge For Year Property Plant Equipment						1 265	1 322	1 322	1 715
Intangible Assets					91 559	99 397	280 933	255 963	254 184
Intangible Assets Gross Cost					340 557	366 442	571 592	585 632	620 994
Net Current Assets Liabilities	102 102	72 448	70 251	114 354	530 175	71 892	-54 991
Net Deferred Tax Liability Asset							-5 265	-5 265
Nominal Value Allotted Share Capital							49 920	49 920	49 920
Number Equity Instruments Granted Share-based Payment Arrangement									79 280 882
Number Equity Instruments Outstanding Share-based Payment Arrangement									79 280 882
Number Shares Issued Fully Paid								49 920	49 920
Other Creditors					37 366	98 443	141 542	264 012	193 194
Other Disposals Property Plant Equipment						667
Other Provisions Balance Sheet Subtotal							-5 265	-5 265
Other Taxation Payable							6 825	8 496	109 722
Other Taxation Social Security Payable					6 726	11 646	6 825
Par Value Share								1	1
Property Plant Equipment Gross Cost					4 089	5 288	5 288	5 288	9 534
Provisions For Liabilities Balance Sheet Subtotal							-5 265
Total Additions Including From Business Combinations Intangible Assets								14 040	41 694
Total Additions Including From Business Combinations Property Plant Equipment						1 866			4 246
Total Assets Less Current Liabilities	209 663	132 365	183 076	229 694	625 351	174 840	228 171
Trade Creditors Trade Payables					164 057	10 115	142 945	13 635	39 905
Trade Debtors Trade Receivables					187 256	3 400	56 652	121 250	60 023
Useful Life Intangible Assets Years								10	10
Useful Life Property Plant Equipment Years								4	4
Accruals Deferred Income		42 759	58 464	13 805
Creditors Due Within One Year	72 346	1 897	122 256	115 033
Intangible Fixed Assets Additions		16 803	33 549	28 308
Intangible Fixed Assets Aggregate Amortisation Impairment	125 457	147 145	170 545	196 339
Intangible Fixed Assets Amortisation Charged In Period		21 688	23 400	25 793
Intangible Fixed Assets Cost Or Valuation	233 018	249 821	283 371	311 679
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal		12 603	30 402	161 317
Provisions For Liabilities Charges			13	1 026
Share Premium Account	3 331 152	3 326 585	3 326 585	3 359 968
Tangible Fixed Assets Cost Or Valuation	127 617	127 617
Tangible Fixed Assets Depreciation	127 617	127 617

Company staff

Frederick T.

Role: Director

Appointed: 19 October 2023

Latest update: 8 February 2024

Alexander C.

Role: Director

Appointed: 18 April 2023

Latest update: 8 February 2024

Mbm Secretarial Services Limited

Role: Corporate Secretary

Role: Corporate Secretary

Appointed: 29 October 2003

Resigned: 16 January 2004

Address: Edinburgh, EH2 3ES

Latest update: 8 February 2024

Mbm Secretarial Services Limited

Role: Corporate Secretary

Appointed: 02 September 2003

Resigned: 29 October 2003

Address: Edinburgh, EH2 3BH

Latest update: 8 February 2024

Mbm Board Nominees Limited

Role: Corporate Nominee Director

Appointed: 02 September 2003

Resigned: 29 October 2003

Address: Edinburgh, EH2 3BH

Latest update: 8 February 2024

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	16 September 2024
Confirmation statement last made up date	02 September 2023

Annual Accounts
Start Date For Period Covered By Report	2013-01-01
End Date For Period Covered By Report	2013-12-31
Annual Accounts
Start Date For Period Covered By Report	2014-01-01
Annual Accounts 6 April 2016
Start Date For Period Covered By Report	2015-01-01
End Date For Period Covered By Report	2015-12-31
Date Approval Accounts	6 April 2016
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	01/01/2021
End Date For Period Covered By Report	31/12/2021
Annual Accounts
Start Date For Period Covered By Report	01/01/2022
End Date For Period Covered By Report	31/12/2022
Annual Accounts 14 April 2015
End Date For Period Covered By Report	2014-12-31
Date Approval Accounts	14 April 2015
Annual Accounts 16 April 2014
Date Approval Accounts	16 April 2014

Nitech Solutions Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Frederick T.

Alexander C.

Mbm Secretarial Services Limited

William B.

Andrew G.

Alexander D.

Paul H.

Xiong-Wei N.

William D.

Christopher H.

Ian L.

Frederick T.

Frederick T.

Mbm Secretarial Services Limited

Mbm Secretarial Services Limited

Mbm Board Nominees Limited

Accounts Documents

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