Seismic Image Processing Limited in Leeds, LS17 8QT

Description

Data updated on: 01-11-2023

Seismic Image Processing started its business in 1997 as a Private Limited Company under the ID 03486840. The company has been operating for 27 years and it's currently active. The company's office is based in Leeds at 3 West Dene. Anyone can also locate the company using its area code : LS17 8QT. The enterprise's principal business activity number is 68209 - Other letting and operating of own or leased real estate. Seismic Image Processing Ltd released its latest accounts for the period that ended on Sat, 31st Dec 2022. The most recent confirmation statement was filed on Wed, 9th Aug 2023.

Within the firm, a number of director's duties up till now have been fulfilled by Ranjit D. and Jagat D.. Out of these two people, Jagat D. has managed firm the longest, having been one of the many members of officers' team since 1998.

Executives who have control over the firm are as follows: Jagat D. owns 1/2 or less of company shares. Ranjit D. owns over 1/2 to 3/4 of company shares .

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	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	GBP	GBP	GBP
Net Worth	5 935 344	7 020 074	7 236 031	8 059 037	8 270 648

Balance Sheet
Cash Bank On Hand					2 943 563	2 117 576	2 789 002	2 570 098	2 349 410	1 663 159	2 099 995	1 575 758
Current Assets	5 222 744	6 017 383	6 037 444	5 320 073	4 809 893	3 601 000	4 740 006	4 246 379	3 983 662	3 015 361	3 296 975	2 966 127
Debtors	3 586 921	3 852 709	3 239 856	2 224 535	1 866 330	1 483 424	1 951 004	1 676 281	1 634 252	1 352 202	1 196 980	1 390 369
Net Assets Liabilities					8 270 648	8 278 059	8 843 465	8 309 880	8 514 742	8 055 021	8 321 213	7 854 425
Other Debtors					1 591 928	1 418 903	1 400 072	1 493 037	1 435 193	1 354 555	1 214 310	1 173 461
Property Plant Equipment					330 984	230 688	355 078	322 417	336 602	253 749	194 360	86 813
Cash Bank In Hand	1 635 823	2 164 674	2 816 166	3 095 538	2 943 563
Net Assets Liabilities Including Pension Asset Liability	5 935 344	7 020 074	7 236 031	8 059 037	8 270 648
Tangible Fixed Assets	2 811 239	2 968 631	3 041 320	4 320 992	4 863 906

Capital & Reserves
Called Up Share Capital	5	5	5	5	5
Profit Loss Account Reserve	5 935 339	7 020 069	7 236 026	8 059 032	8 270 643
Shareholder Funds	5 935 344	7 020 074	7 236 031	8 059 037	8 270 648

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					936 226	1 128 788	1 232 634	1 323 623	1 426 484	1 335 004	1 458 580	1 566 127
Average Number Employees During Period								12	11	11	11	10
Bank Borrowings Overdrafts					1 093 063	976 305	856 930	1 041 129	1 031 655	876 267	677 591	615 138
Corporation Tax Payable					90 206	101	112 527	112 175	83 870	-90 230	3 706	3 029
Corporation Tax Recoverable							79 991	85 222	119 586	-22 161	-28 807
Creditors					1 093 063	976 305	856 930	1 041 129	1 031 655	876 267	720 296	649 972
Current Tax For Period					59 760	-59 760	112 527	-131 098	77 562	-83 000	3 707
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences					-1 717	-24 636	1 911	10 436	-5 647	-1 595	-5 105
Disposals Investment Property Fair Value Model												503 534
Dividends Paid								50 000	50 000	30 000	60 000	80 000
Fixed Assets		2 968 631	3 165 621	5 273 668	5 522 423	6 248 105	6 373 150	6 804 255	7 032 112	7 037 296	6 977 907	6 791 107
Future Minimum Lease Payments Under Non-cancellable Operating Leases								53 311	41 011	38 131	38 131	13 530
Government Grant Income										167 775	219 633	15 728
Increase Decrease In Current Tax From Adjustment For Prior Periods					-279 330	239 669	-79 973	-25 434	-34 345	-64 683	41 147	-677
Increase From Depreciation Charge For Year Property Plant Equipment						192 564	163 208	199 321	177 699	139 529	123 576	107 547
Investment Property					4 532 922	5 855 840	5 899 064	6 415 340	6 660 294	6 660 293	6 660 293	6 580 040
Investment Property Fair Value Model								6 415 340	6 660 293	6 660 293	6 660 293	6 580 040
Investments											123 254	124 254
Investments Fixed Assets			124 301	952 676	658 517	161 577	119 008	66 498	35 216	123 254	123 254	124 254
Investments In Group Undertakings Participating Interests												1 000
Net Current Assets Liabilities	3 752 935	4 553 109	4 591 144	3 512 463	3 865 924	3 006 259	3 329 156	2 559 101	2 520 985	1 899 097	2 063 602	1 713 290
Number Shares Issued Fully Paid						5	5
Other Creditors					310 177	233 864	365 683	521 385	470 692	436 922	42 705	34 834
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment							59 362	108 333	74 838	231 009
Other Disposals Property Plant Equipment							118 562	251 130	195 051	238 659
Other Investments Other Than Loans								66 498	35 216	123 254	123 254	123 254
Other Taxation Social Security Payable					78 602	91 471	176 205	45 644	120 138	62 582	251 532	221 145
Par Value Share		1	1	1	1	1	1
Profit Loss					211 611	7 411	565 406	-483 585	254 862	-429 721	326 192	-386 788
Property Plant Equipment Gross Cost					1 267 210	1 359 478	1 587 712	1 646 039	1 763 086	1 588 753	1 652 940
Provisions For Liabilities Balance Sheet Subtotal					-24 636		1 911	12 347	6 700	5 105
Tax Tax Credit On Profit Or Loss On Ordinary Activities					-221 287	155 273	34 465	-146 096	37 570	-149 278	39 749	-677
Total Additions Including From Business Combinations Property Plant Equipment						92 268	346 796	309 457	312 098	64 326	64 186
Total Assets Less Current Liabilities	6 564 174	7 521 740	7 617 918	8 786 131	9 388 347	9 254 364	9 702 306	9 363 356	9 553 097	8 936 393	9 041 509	8 504 397
Total Current Tax Expense Credit					-219 570	179 909	32 554	-156 532	43 217	-147 683	44 854	-677
Trade Creditors Trade Payables					25 540	79 146	549 791	791 142	554 157	469 042	362 079	617 432
Trade Debtors Trade Receivables					274 402	64 521	470 941	98 022	79 473	19 808	11 477	216 908
Advances Credits Directors	1 343 880	1 543 612	1 473 160	600 430	344 709
Advances Credits Made In Period Directors		511 768	164 056		77 341
Advances Credits Repaid In Period Directors		312 036	234 508		333 062
Creditors Due After One Year	628 830	501 666	371 177	700 741	1 093 063
Creditors Due Within One Year	1 469 809	1 464 274	1 464 878	1 807 610	943 969
Debtors Due After One Year	2 705 974	2 934 791	1 354 159	1 169 784	1 197 041
Number Shares Allotted		5	5	5	5
Provisions For Liabilities Charges			10 710	26 353	24 636
Secured Debts	776 646	649 482
Share Capital Allotted Called Up Paid	5	5	5	5	5
Tangible Fixed Assets Additions		482 014	395 716	1 644 435	810 060
Tangible Fixed Assets Cost Or Valuation	3 705 911	4 103 321	4 419 309	4 990 072	5 800 132
Tangible Fixed Assets Depreciation	894 672	1 134 690	1 377 989	669 080	936 226
Tangible Fixed Assets Depreciation Charged In Period		252 686	269 875	269 081	267 147
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		12 668	26 576	977 990
Tangible Fixed Assets Disposals		84 604	79 728	1 073 672