Systems@work Limited in London, NW6 1LL

Description

Data updated on: 01-11-2023

Systems@work came into being in 2003 as a company enlisted under no 04756697, located at NW6 1LL London at 20 Cumberland Mansions. This company has been in business for twenty one years and its current state is active. Even though recently known as Systems@work Limited, it previously was known under a different name. This company was known as Four Business Solutions until 2004-02-20, when the company name was replaced by Teredo. The definitive change took place on 2007-04-13. This company's Standard Industrial Classification Code is 62012 : Business and domestic software development. Systems@work Ltd filed its account information for the period that ended on 2022-12-31. Its most recent confirmation statement was filed on 2023-05-07.

Right now, the following business is supervised by one managing director: Michael S., who was designated to this position 20 years ago. That business had been directed by Eilis T. until 2023-11-15. Additionally a different director, including Shaun C. resigned 20 years ago. In order to provide support to the directors, this business has been utilizing the skills of Michael S. as a secretary since the appointment on 2004-02-24.

Previous company's names
Systems@work Limited 2007-04-13
Teredo Limited 2004-02-20
Four Business Solutions Limited 2003-05-07

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
Net Worth	97 769	90 352	92 235	84 699	72 165

Balance Sheet
Cash Bank In Hand	128 381	82 667	179 786	192 630	204 373
Cash Bank On Hand					204 374	197 750	120 695	179 473	159 797	276 902	225 677	289 984
Current Assets	306 797	353 283	364 338	330 855	317 823	276 717	281 455	259 132	316 696	604 576	431 605	416 320
Debtors	178 416	270 616	184 552	138 225	113 450	78 967	160 760	79 659	156 899	327 674	205 928	126 336
Net Assets Liabilities					63 879	11 280	329	9 173	20 387	15 674	3 918	5 232
Net Assets Liabilities Including Pension Asset Liability	97 769	90 352	92 235	84 699
Other Debtors					60	817	144	1 252	1 316	26 542	65	65
Property Plant Equipment					41 433	36 068	29 784	23 828	23 051	22 321	17 856	16 104
Tangible Fixed Assets	7 751	8 776	9 440	8 040	41 433

Capital & Reserves
Called Up Share Capital	10	10	10	10	10
Profit Loss Account Reserve	97 759	90 342	92 225	84 689	72 155
Shareholder Funds	97 769	90 352	92 235	84 699	72 165

Other Financial Data
Accrued Liabilities					50 046	46 302	48 518	63 416	56 852	12 189
Accumulated Depreciation Impairment Property Plant Equipment					26 145	35 162	42 609	48 565	53 643	58 454	62 919	66 924
Additional Provisions Increase From New Provisions Recognised							-1 284
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss								-1 132	-147	-139	-848	-333
Amounts Owed By Directors						81 569	81 569
Average Number Employees During Period						2	2	2	3	4	4	4
Corporation Tax Payable					43 783	56 634	39 715	34 228	35 000	45 598	33 935	25 733
Creditors					287 091	294 562	65 056	29 104	15 065	50 000	34 838	24 951
Creditors Due After One Year	21 000	14 000	7 000
Creditors Due Within One Year	195 779	257 707	274 543	254 196	287 091
Deferred Tax Liabilities					8 287	6 943	5 659	4 527	4 380	4 241	3 393	3 060
Dividends Paid						271 179	168 500	129 774	134 000		256 100	212 446
Increase From Depreciation Charge For Year Property Plant Equipment						9 017	7 447	5 956	5 078	4 811	4 465	4 005
Loans From Directors					2 295	4		2 510
Net Current Assets Liabilities	111 018	95 576	89 795	76 659	30 733	-17 845	41 260	18 976	16 781	47 594	24 293	17 139
Nominal Value Allotted Share Capital						10	10	10		10	10	10
Number Shares Allotted		10	10	10	10
Number Shares Issued Fully Paid						10	10	10	10	10	10	10
Other Increase Decrease In Net Deferred Tax Liability						-1 344
Other Remaining Borrowings							65 056	29 104	15 065	15 065
Other Taxation Social Security Payable					22 486	29 334	26 588	33 141	42 942	89 034	44 815	51 139
Par Value Share		1	1	1	1	1	1	1	1	1	1	1
Profit Loss						218 580	157 549	138 618	145 214		244 344	213 760
Property Plant Equipment Gross Cost					67 578	71 230	72 393	72 393	76 694	80 775	80 775	83 028
Provisions					8 287	6 943	5 659	4 527	4 380	4 241	3 393	3 060
Provisions For Liabilities Balance Sheet Subtotal					8 287	6 943	5 659	4 527	4 380	4 241	3 393	3 060
Share Capital Allotted Called Up Paid	10	10	10	10	10
Tangible Fixed Assets Additions		3 219	3 024	1 136	43 751
Tangible Fixed Assets Cost Or Valuation	16 448	19 667	22 691	23 827	67 578
Tangible Fixed Assets Depreciation	8 697	10 891	13 251	15 787	26 145
Tangible Fixed Assets Depreciation Charged In Period		2 194	2 360	2 536	10 358
Total Additions Including From Business Combinations Property Plant Equipment						3 652	1 163		4 301	4 081		2 253
Total Assets Less Current Liabilities	118 769	104 352	99 235	84 699	72 166	18 223	71 044	42 804	39 832	69 915	42 149	33 243
Trade Creditors Trade Payables					168 481	162 288	125 374	85 911	146 739	208 379	158 512	173 490
Trade Debtors Trade Receivables					113 390	78 150	79 047	66 406	139 988	279 563	181 019	118 414
Accrued Liabilities Deferred Income										186 717	160 401	136 088
Bank Borrowings										50 000	9 649	9 890
Bank Borrowings Overdrafts										50 000	34 838	24 951
Other Creditors												2 841
Prepayments									1 919	2 047	370	383
Total Borrowings									15 065	15 065	9 649

Company staff

Michael S.

Role: Secretary

Appointed: 24 February 2004

Latest update: 25 March 2024

Michael S.

Role: Director

Appointed: 24 February 2004

Latest update: 25 March 2024

Eilis T.

Role: Director

Appointed: 26 February 2004

Resigned: 15 November 2023

Latest update: 25 March 2024

John O.

Role: Secretary

Appointed: 09 February 2004

Resigned: 26 February 2004

Latest update: 25 March 2024

Shaun C.

Role: Director

Appointed: 01 October 2003

Resigned: 26 February 2004

Latest update: 25 March 2024

Michael S.

Role: Director

Appointed: 07 May 2003

Resigned: 09 February 2004

Latest update: 25 March 2024

John O.

Role: Director

Appointed: 07 May 2003

Resigned: 26 February 2004

Latest update: 25 March 2024

Michael S.

Role: Secretary

Appointed: 07 May 2003

Resigned: 09 February 2004

Latest update: 25 March 2024

People with significant control

Michael S. is the individual who controls this firm, owns over 1/2 to 3/4 of company shares .

Michael S.

Notified on 7 May 2016

Nature of control:

over 1/2 to 3/4 of shares

Eilis T.

Notified on 7 May 2016

Ceased on 15 November 2023

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	21 May 2024
Confirmation statement last made up date	07 May 2023

Annual Accounts 6 June 2014
Start Date For Period Covered By Report	01 January 2013
End Date For Period Covered By Report	31 December 2013
Date Approval Accounts	6 June 2014
Annual Accounts 14 July 2015
Start Date For Period Covered By Report	01 January 2014
End Date For Period Covered By Report	31 December 2014
Date Approval Accounts	14 July 2015
Annual Accounts 20 September 2016
Start Date For Period Covered By Report	01 January 2015
End Date For Period Covered By Report	31 December 2015
Date Approval Accounts	20 September 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2016
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2017
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	01 January 2018
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2021
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022
Annual Accounts 7 June 2013
End Date For Period Covered By Report	31 December 2012
Date Approval Accounts	7 June 2013

Systems@work Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Michael S.

Michael S.

Eilis T.

John O.

Shaun C.

Michael S.

John O.

Michael S.

People with significant control

Michael S.

Eilis T.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address, 2012

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City / Town:

HQ address, 2013

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HQ address, 2014

Address:

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HQ address, 2015

Address:

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Accountant/Auditor, 2015

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Address:

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