Systems And Networks Limited in Glasgow, G2 2QZ

Description

Data updated on: 01-11-2023

Systems And Networks Limited with Companies House Reg No. SC118877 has been operating on the market for thirty five years. This particular Private Limited Company is officially located at Regent Court, 70 West Regent Street in Glasgow and its area code is G2 2QZ. The enterprise's declared SIC number is 62090, that means Other information technology service activities. The firm's most recent accounts were submitted for the period up to 2022-12-31 and the most current annual confirmation statement was released on 2023-01-09.

Considering this specific company's magnitude, it was vital to acquire additional directors: Lynn B. and Peter B. who have been participating in joint efforts for thirteen years to exercise independent judgement of the limited company. In order to provide support to the directors, this limited company has been utilizing the expertise of Peter B. as a secretary since the appointment on Wed, 1st Nov 2006.

Peter B. is the individual who has control over this firm, owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

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	289 931	300 705	304 503	329 477	301 799

Balance Sheet
Cash Bank In Hand	430 767	382 435	350 998	396 341	536 462
Cash Bank On Hand					536 462	615 203	250 080	310 260	305 659	362 871	302 684	221 117
Current Assets	549 359	491 094	460 137	514 709	642 699	694 119	824 403	668 064	643 634	665 301	619 892	559 531
Debtors	111 849	108 267	108 747	117 976	106 237	78 916	419 323	172 246	134 968	87 018	90 037	134 154
Net Assets Liabilities					301 799	254 033	272 135	305 590	314 805	321 470	301 494	269 509
Net Assets Liabilities Including Pension Asset Liability	289 931	300 705	304 503	329 477	301 799
Property Plant Equipment					13 345	13 880	14 785	16 643	15 361	12 882	10 578	7 935
Stocks Inventory	6 743	392	392	392
Tangible Fixed Assets	18 688	16 322	15 277	15 813	13 345

Capital & Reserves
Called Up Share Capital	4 500	4 500	4 500	4 500	4 500
Profit Loss Account Reserve	274 864	285 638	289 436	314 410	286 732
Shareholder Funds	289 931	300 705	304 503	329 477	301 799

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					31 978	35 600	37 931	43 472	34 532	38 409	41 670	44 313
Additional Provisions Increase From New Provisions Recognised						184
Average Number Employees During Period					10	10	10	10	10	10	10	10
Capital Redemption Reserve	10 502	10 502	10 502	10 502	10 502
Creditors					352 178	451 715	564 393	376 186	332 150	44 167	34 162	24 167
Creditors Due Within One Year	275 975	204 679	168 809	198 667	352 178
Current Asset Investments							155 000	185 558	203 007	215 412	227 171	204 260
Disposals Decrease In Depreciation Impairment Property Plant Equipment							1 356		13 643
Disposals Property Plant Equipment							2 313		16 523
Increase From Depreciation Charge For Year Property Plant Equipment						3 622	3 687	5 541	4 703	3 877	3 261	2 643
Net Current Assets Liabilities	273 384	286 415	291 328	316 042	290 521	242 404	260 010	291 878	311 484	366 681	337 787	300 039
Number Shares Allotted		4 500	4 500	4 500	4 500
Par Value Share		1	1	1	1
Property Plant Equipment Gross Cost					45 323	49 480	52 716	60 115	49 893	51 291	52 248
Provisions					2 067	2 251
Provisions For Liabilities Balance Sheet Subtotal					2 067	2 251	2 660	2 931	12 040	13 926	12 709	14 298
Provisions For Liabilities Charges	2 141	2 032	2 102	2 378	2 067
Share Capital Allotted Called Up Paid	4 500	4 500	4 500	4 500	4 500
Share Premium Account	65	65	65	65	65
Tangible Fixed Assets Additions		3 120	3 548	4 444	1 560
Tangible Fixed Assets Cost Or Valuation	34 352	36 794	39 552	43 996	45 323
Tangible Fixed Assets Depreciation	15 664	20 472	24 275	28 183	31 978
Tangible Fixed Assets Depreciation Charged In Period		4 912	4 249	3 908	4 004
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		104	446		209
Tangible Fixed Assets Disposals		678	790		233
Total Additions Including From Business Combinations Property Plant Equipment						4 157	5 549	7 399	6 301	1 398	957
Total Assets Less Current Liabilities	292 072	302 737	306 605	331 855	303 866	256 284	274 795	308 521	326 845	379 563	348 365	307 974
Accrued Liabilities								96 104	111 539
Corporation Tax Payable								23 979	11 729
Other Creditors								128 009	142 495
Other Taxation Social Security Payable								13 577	12 667
Prepayments								7 087	6 855
Trade Creditors Trade Payables								78 600	2 557
Trade Debtors Trade Receivables								165 159	128 113
Value-added Tax Payable								12 795	17 721