Reason Digital Limited in Manchester, M1 1DW

Description

Data updated on: 01-11-2023

Reason Digital Limited with reg. no. 06517726 has been competing in the field for 16 years. The Private Limited Company is officially located at 26 Lever Street, Ground Floor in Manchester and its postal code is M1 1DW. Reason Digital Limited was known 14 years ago under the name of Virtual Construction. This firm's principal business activity number is 62020 - Information technology consultancy activities. Reason Digital Ltd filed its latest accounts for the financial year up to 31st January 2022. The company's latest confirmation statement was released on 28th February 2023.

At the moment, the directors listed by this company include: Benjamin W. chosen to lead the company on Friday 1st May 2020, Edward C. chosen to lead the company in 2008 in June and Matthew H. chosen to lead the company on Thursday 28th February 2008. Additionally, the director's responsibilities are assisted with by a secretary - Edward C., who joined the company in June 2008.

Previous company's names
Reason Digital Limited 2010-03-30
Virtual Construction Limited 2008-02-28

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-01-31	2012-01-31	2013-01-31	2014-01-31	2015-01-31	2016-01-31	2017-01-31	2018-01-31	2019-01-31	2020-01-31	2021-01-31	2022-01-31	2023-01-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	58	2 623	37 309	112 785	175 893

Balance Sheet
Cash Bank On Hand					166 868	79 151	42 664	52 720	109 916	243 906	693 884	609 625	455 243
Current Assets	50 658	58 793	136 737	171 309	282 648	355 715	522 023	628 882	705 747	735 688	1 121 362	894 742	830 612
Debtors	29 047	45 395	89 271	67 414	115 780	276 564	479 359	576 162	595 831	491 782	427 478	285 117	375 369
Net Assets Liabilities					175 893	285 530	407 403	381 763		465 109	590 171	550 386	391 366
Other Debtors					26 595	31 983	74 338	74 587	74 338	2 893	16 220	57 998	112 659
Property Plant Equipment					28 936	30 065	12 479	77 561	58 844	54 272	40 840	53 410	39 523
Cash Bank In Hand	21 611	13 398	47 466	103 895	166 868
Net Assets Liabilities Including Pension Asset Liability	58	2 623	37 309	112 785	175 893
Tangible Fixed Assets	5 124	9 541	16 014	19 077	28 936

Capital & Reserves
Called Up Share Capital	2	2	2	2	2
Profit Loss Account Reserve	56	2 621	37 307	112 783	175 891
Shareholder Funds	58	2 623	37 309	112 785	175 893

Other Financial Data
Version Production Software													2 023
Accrued Liabilities											34 996	13 447	1 921
Accumulated Depreciation Impairment Property Plant Equipment					30 844	51 950	71 766	91 541	116 111	139 338	160 093	181 534	190 229
Additions Other Than Through Business Combinations Property Plant Equipment												34 011	8 484
Amounts Owed To Group Undertakings Participating Interests											3	3	3
Average Number Employees During Period						36	40	39	40	39	36	43	43
Bank Borrowings											245 455	146 521	94 248
Bank Borrowings Overdrafts											41 856	57 078	57 078
Creditors					129 898	126 846	164 835	336 654	288 842	405 054	203 599	321 448	454 724
Deferred Income											33 606	27 101	146 998
Equity Securities Held											70 203	70 203	70 203
Fixed Assets	5 124	9 541	16 014	19 077	28 936	62 396	52 586	89 535	59 771	134 475	111 043	123 613	109 726
Increase From Depreciation Charge For Year Property Plant Equipment						21 106	19 816	19 775	24 570	23 462	20 755	21 441	21 833
Investments											70 203	70 203	70 203
Loans From Directors											64 676	49 689	34 372
Net Current Assets Liabilities	-5 066	-6 918	24 311	97 523	152 750	228 869	357 188	292 228	416 905	330 634	682 727	573 294	375 888
Other Creditors					23 059	3 527	1 751	7 164	13 300	85 052	7 659	7 585	6 714
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment													13 138
Other Disposals Property Plant Equipment													13 676
Prepayments Accrued Income					7 139	41 638	26 784	40 629	132 373	32 378	50 366	19 140	15 763
Property Plant Equipment Gross Cost					59 780	82 015	84 245	169 102	174 955	193 610	200 933	234 944	229 752
Taxation Social Security Payable											60 321	40 286	49 780
Total Assets Less Current Liabilities	58	2 623	40 325	116 600	181 686	291 265	409 774	381 763	476 676	465 109	793 770	696 907	485 614
Trade Creditors Trade Payables					2 562	15 469	5 524	27 361	30 920	89 935	55 193	60 063	12 296
Trade Debtors Trade Receivables					82 046	137 037	280 809	337 559	269 184	341 526	194 939	157 806	217 293
Value-added Tax Payable											140 325	66 196	145 562
Accrued Liabilities Deferred Income					28 843	2 500	5 346	152 040	72 986	41 421	68 602
Accumulated Amortisation Impairment Intangible Assets						16 165	44 301	72 434	84 408
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss						-58	-3 364	-18 090	-4 577	-2 042
Amounts Owed By Group Undertakings						4 054
Amounts Owed To Group Undertakings									927	3	3
Corporation Tax Recoverable						61 852	97 428	107 668	99 640	92 647	142 507
Deferred Tax Asset Debtors								15 719	20 296	22 338	23 446
Dividends Paid							17 100
Increase From Amortisation Charge For Year Intangible Assets						16 165	28 136	28 133	11 974
Intangible Assets						32 331	40 107	11 974		10 000
Intangible Assets Gross Cost						48 496	84 408	84 408	84 408	10 000
Investments Fixed Assets									927	70 203	70 203
Investments In Group Undertakings									927	70 203	70 203
Net Assets Liabilities Subsidiaries								-3	-1	-2	-2
Number Shares Issued Fully Paid						2	2	2	2	2	2
Other Taxation Social Security Payable					37 526	47 932	93 822	91 301	35 867	34 630	60 321
Par Value Share			1	1	1	1	1	1	1	1	1
Percentage Class Share Held In Subsidiary									100	50	50
Profit Loss							138 973
Provisions					5 793	5 735	2 371	-15 719	-20 296	-22 338	-23 446
Provisions For Liabilities Balance Sheet Subtotal					5 793	5 735	2 371
Total Additions Including From Business Combinations Intangible Assets						48 496	35 912			10 000
Total Additions Including From Business Combinations Property Plant Equipment						22 235	2 230	84 857	5 853	19 594	7 323
Additional Provisions Increase From New Provisions Recognised											-1 108
Disposals Decrease In Amortisation Impairment Intangible Assets										84 408
Disposals Decrease In Depreciation Impairment Property Plant Equipment										235
Disposals Intangible Assets										84 408	10 000
Disposals Property Plant Equipment										939
Profit Loss Subsidiaries										-176 623
Creditors Due Within One Year Total Current Liabilities	55 724	65 711
Tangible Fixed Assets Additions		10 010	13 559	13 707	26 863
Tangible Fixed Assets Cost Or Valuation	19 955	29 965	43 524	47 293	59 780
Tangible Fixed Assets Depreciation	14 831	20 424	27 510	28 217	30 844
Tangible Fixed Assets Depreciation Charge For Period		5 593
Creditors Due Within One Year		65 711	112 426	73 786	129 898
Number Shares Allotted			2	2	2
Provisions For Liabilities Charges			3 016	3 815	5 793
Share Capital Allotted Called Up Paid		2	2	2	2
Tangible Fixed Assets Depreciation Charged In Period			7 086	10 645	17 004
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				9 938	14 377
Tangible Fixed Assets Disposals				9 938	14 377

Company staff

Benjamin W.

Role: Director

Appointed: 01 May 2020

Latest update: 17 February 2024

Edward C.

Role: Director

Appointed: 02 June 2008

Latest update: 17 February 2024

Edward C.

Role: Secretary

Appointed: 02 June 2008

Latest update: 17 February 2024

Matthew H.

Role: Director

Appointed: 28 February 2008

Latest update: 17 February 2024

People with significant control

Executives who have control over the firm are as follows: Edward C. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Matthew H. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Edward C.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Matthew H.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 January 2024
Account last made up date	31 January 2022
Confirmation statement next due date	14 March 2024
Confirmation statement last made up date	28 February 2023

Annual Accounts 30 October 2013
Start Date For Period Covered By Report	2012-02-01
End Date For Period Covered By Report	2013-01-31
Date Approval Accounts	30 October 2013
Annual Accounts 16 October 2014
Start Date For Period Covered By Report	2013-02-01
Date Approval Accounts	16 October 2014
Annual Accounts 15 October 2015
Start Date For Period Covered By Report	2014-02-01
End Date For Period Covered By Report	2015-01-31
Date Approval Accounts	15 October 2015
Annual Accounts
Start Date For Period Covered By Report	01 February 2015
Annual Accounts
Start Date For Period Covered By Report	01 February 2016
End Date For Period Covered By Report	31 January 2017
Annual Accounts
Start Date For Period Covered By Report	01 February 2017
End Date For Period Covered By Report	31 January 2018
Annual Accounts
Start Date For Period Covered By Report	01 February 2018
End Date For Period Covered By Report	31 January 2019
Annual Accounts
Start Date For Period Covered By Report	01 February 2019
End Date For Period Covered By Report	31 January 2020
Annual Accounts
Start Date For Period Covered By Report	01 February 2020
End Date For Period Covered By Report	31 January 2021
Annual Accounts
Start Date For Period Covered By Report	01 February 2020
End Date For Period Covered By Report	31 January 2021
Annual Accounts
End Date For Period Covered By Report	2014-01-31
Annual Accounts
End Date For Period Covered By Report	31 January 2016
Annual Accounts
End Date For Period Covered By Report	31 January 2021

Reason Digital Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Benjamin W.

Edward C.

Edward C.

Matthew H.

Michael H.

Julie H.

People with significant control

Edward C.

Matthew H.

Accounts Documents

Company filings

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