Optimising It Ltd in Twigworth, GL2 9PG

Description

Data updated on: 01-11-2023

This firm is situated in Twigworth registered with number: 06864178. The firm was established in 2009. The headquarters of the firm is located at Optimising It Ltd Twigworth Business Centre Tewkesbury Road. The zip code for this address is GL2 9PG. Since 2013-02-26 Optimising It Ltd is no longer under the name It Smith. This business's principal business activity number is 62020: Information technology consultancy activities. The business latest accounts cover the period up to Friday 31st March 2023 and the latest annual confirmation statement was filed on Friday 31st March 2023.

In order to meet the requirements of their clientele, this specific company is constantly being overseen by a group of three directors who are Todd G., Daniel T. and Gary S.. Their joint efforts have been of extreme importance to this specific company since 2020.

Previous company's names
Optimising It Ltd 2013-02-26
It Smith Limited 2009-03-31

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-04-05	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
Currency
Net Worth	1 000	1 000	1 000	100 602	158 535	214 474

Balance Sheet
Cash Bank On Hand						257 047	214 902	284 949	295 584	392 382	743 441	579 720	509 645
Current Assets				187 924	253 376	349 381	355 835	566 960	710 752	848 345	1 136 012	1 251 833	1 193 823
Debtors				39 033	55 482	80 774	140 334	270 785	396 486	426 254	363 989	635 381	646 232
Net Assets Liabilities						214 474	268 442	261 329	355 386	463 288	577 549	669 112	702 782
Other Debtors						15 537	7 239	86 536	99 495	118 745	89 833	129 086	131 478
Property Plant Equipment						9 147	29 946	108 893	117 233	79 711	33 471	107 794	79 398
Total Inventories						11 560	599	11 226	18 682	29 709	28 582	36 732	37 946
Cash Bank In Hand				148 891	197 894	257 047
Net Assets Liabilities Including Pension Asset Liability	1 000	1 000	1 000	100 602	158 535	214 474
Stocks Inventory						11 560
Tangible Fixed Assets				3 190	5 791	9 147

Capital & Reserves
Called Up Share Capital				1 000	1 000	1 000
Profit Loss Account Reserve				99 603	157 535	213 474
Shareholder Funds	1 000	1 000	1 000	100 602	158 535	214 474

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets												3 786	26 503
Accumulated Depreciation Impairment Property Plant Equipment						5 974	14 534	29 937	76 165	121 848	155 522	155 217	191 740
Additions Other Than Through Business Combinations Intangible Assets												68 150
Additions Other Than Through Business Combinations Property Plant Equipment												105 962	8 127
Amounts Owed By Other Related Parties Other Than Directors												249 926	294 301
Amounts Owed By Related Parties											186 521	249 926
Average Number Employees During Period							13	21	23	33	35	26	27
Bank Borrowings											176 667	140 000	95 923
Corporation Tax Payable						2 944						57 361	83 741
Corporation Tax Recoverable							5 713	32 606
Creditors						142 693	110 840	393 835	454 079	450 651	176 667	180 340	123 465
Deferred Tax Assets													6 813
Deferred Tax Liabilities											6 139	34 153	20 497
Disposals Decrease In Depreciation Impairment Property Plant Equipment										12 177	21 442	-31 672
Disposals Property Plant Equipment										12 223	23 253	-31 946
Finance Lease Liabilities Present Value Total												40 340	27 542
Fixed Assets											33 472	172 158	121 045
Future Minimum Lease Payments Under Non-cancellable Operating Leases												70 565	39 203
Increase From Amortisation Charge For Year Intangible Assets												3 786	22 717
Increase From Depreciation Charge For Year Property Plant Equipment							8 560	15 403	46 228	57 860	55 116	31 364	36 523
Intangible Assets												64 364	41 647
Intangible Assets Gross Cost												68 150	68 150
Net Current Assets Liabilities				98 051	152 744	206 688	244 995	173 125	256 673	397 694	726 884	711 447	718 886
Other Creditors						19 299	1 787	203 233	210 607	209 529	157 123	5 169	30 550
Other Payables Accrued Expenses											148 890	236 786	113 221
Other Taxation Social Security Payable						8 037	10 963	47 026	133 386	137 461	181 067
Prepayments						9 002	14 947				74 848	74 884	80 571
Property Plant Equipment Gross Cost						15 121	44 480	138 830	193 398	201 559	188 993	263 011	271 138
Provisions For Liabilities Balance Sheet Subtotal						1 361	6 499	20 689	18 520	14 117	6 139
Taxation Social Security Payable											160 921	127 021	128 343
Total Additions Including From Business Combinations Property Plant Equipment							29 359	94 350	54 568	20 384	10 687
Total Assets Less Current Liabilities				101 241	158 535	215 835	274 941	282 018	373 906	477 405	760 355	883 605	839 931
Total Borrowings											176 667	180 340	123 465
Trade Creditors Trade Payables						25 271	35 459	143 576	110 086	103 661	47 605	61 897	66 284
Trade Debtors Trade Receivables						56 235	112 435	184 249	296 991	307 509	87 635	181 485	139 882
Accrued Liabilities						12 604	21 733
Additional Provisions Increase From New Provisions Recognised							5 138
Creditors Due Within One Year				89 874	100 632	142 693
Merchandise								3 238	18 682	29 709	28 582
Number Shares Allotted		1 000	1 000	1 000	1 000	1 000
Par Value Share		1	1	1	1	1
Provisions						1 361	6 499	20 689	18 520	14 117	6 139
Provisions For Liabilities Charges				638		1 361
Share Capital Allotted Called Up Paid	1 000	1 000	1 000	1 000	1 000	1 000
Tangible Fixed Assets Additions				4 256	4 886	5 979
Tangible Fixed Assets Cost Or Valuation				4 256	9 142	15 121
Tangible Fixed Assets Depreciation				1 066	3 351	5 974
Tangible Fixed Assets Depreciation Charged In Period				1 066	2 285	2 623
Work In Progress								7 988	12 443
Advances Credits Directors				13 979
Amounts Owed By Group Undertakings											186 521
Bank Borrowings Overdrafts											176 667
Called Up Share Capital Not Paid Not Expressed As Current Asset	1 000	1 000	1 000

Company staff

Todd G.

Role: Director

Appointed: 24 February 2020

Latest update: 8 April 2024

Daniel T.

Role: Director

Appointed: 24 February 2020

Latest update: 8 April 2024

Gary S.

Role: Director

Appointed: 31 March 2009

Latest update: 8 April 2024

People with significant control

The companies with significant control over this firm are: Optimising It Holdings Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Gloucester at Tewkesbury Road, Twigworth, GL2 9PG, Gloucestershire and was registered as a PSC under the reg no 12872964.

Optimising It Holdings Limited

Address: Twigworth Business Centre Tewkesbury Road, Twigworth, Gloucester, Gloucestershire, GL2 9PG, United Kingdom

Legal authority Companies Act 2006

Legal form Limited Company

Country registered England

Place registered England And Wales

Registration number 12872964

Notified on 21 September 2020

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Gary S.

Notified on 6 April 2016

Ceased on 21 September 2020

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Accounts Documents

Account next due date	31 December 2024
Account last made up date	31 March 2023
Confirmation statement next due date	14 April 2024
Confirmation statement last made up date	31 March 2023

Annual Accounts 22 December 2012
Start Date For Period Covered By Report	2011-04-01
End Date For Period Covered By Report	2012-03-31
Date Approval Accounts	22 December 2012
Annual Accounts 6 April 2013
Start Date For Period Covered By Report	2012-04-01
End Date For Period Covered By Report	2013-04-05
Date Approval Accounts	6 April 2013
Annual Accounts 8 August 2014
Start Date For Period Covered By Report	06 April 2013
End Date For Period Covered By Report	31 March 2014
Date Approval Accounts	8 August 2014
Annual Accounts 28th May 2015
Start Date For Period Covered By Report	01 April 2014
End Date For Period Covered By Report	31 March 2015
Date Approval Accounts	28th May 2015
Annual Accounts 19 December 2016
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Date Approval Accounts	19 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2016
End Date For Period Covered By Report	31 March 2017
Annual Accounts
Start Date For Period Covered By Report	01 April 2016
End Date For Period Covered By Report	31 March 2017
Annual Accounts
Start Date For Period Covered By Report	01 April 2018
End Date For Period Covered By Report	31 March 2019
Annual Accounts
Start Date For Period Covered By Report	01 April 2019
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021

Optimising It Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Todd G.

Daniel T.

Gary S.

Geoff S.

Joseph M.

People with significant control

Optimising It Holdings Limited

Gary S.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address, 2014

Address:

Post code:

City / Town:

HQ address, 2015

Address:

Post code:

City / Town:

Accountant/Auditor, 2015

Name:

Address:

Post code:

City / Town:

Accountant/Auditor, 2016

Name:

Address:

Post code:

City / Town:

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