Vertemax Ltd in Aylesham, CT3 3EP

Description

Data updated on: 01-11-2023

Vertemax Ltd can be found at Aylesham at Spinney House. Anyone can look up the company by its post code - CT3 3EP. Vertemax's incorporation dates back to year 2010. The enterprise is registered under the number 07254120 and their last known status is active. The company's registered name change from Tammet Systems to Vertemax Ltd took place on 2018-06-04. The company's SIC and NACE codes are 43999 which stands for Other specialised construction activities not elsewhere classified. The latest financial reports describe the period up to 2022-12-31 and the most recent confirmation statement was filed on 2023-03-03.

The firm owes its accomplishments and permanent improvement to exactly four directors, who are Charlton D., Kelly S., Tomas H. and Thomas S., who have been presiding over it for one year. At least one secretary in this firm is a limited company: Cww Secretarial Services Limited.

Previous company's names
Vertemax Ltd 2018-06-04
Tammet Systems Limited 2010-05-14

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	7 438	18 353	28 647	36 085	54 665

Balance Sheet
Cash Bank On Hand					331 052	370 767	285 686	330 540	509 688	582 480	803 564	540 630
Current Assets	504 325	569 197	980 788	1 372 747	2 032 169	1 987 247	2 118 747	2 565 912	3 596 770	5 051 478	5 631 568	6 826 974
Debtors	282 266	252 043	596 476	891 262	1 218 106	543 963	791 064	766 368	1 115 579	2 034 550	1 968 536	2 876 126
Net Assets Liabilities					54 665	59 921	62 023	70 868	81 146	1 166 551	1 697 445	2 988 240
Other Debtors					184 165	3 100		9 650	6 556	21 556
Property Plant Equipment					31 842	40 876	153 506	127 988	358 177	663 674	496 456	373 373
Total Inventories					483 011	1 072 517	1 041 997	1 469 004	1 971 503	2 434 448	2 859 468
Cash Bank In Hand	27 361	67 031	86 455	171 385	331 052
Net Assets Liabilities Including Pension Asset Liability	7 438	18 353	28 647	36 085	54 665
Stocks Inventory	194 698	250 123	297 857	310 100	483 011
Tangible Fixed Assets	5 217	19 783	15 057	25 478	31 842

Capital & Reserves
Called Up Share Capital	25 002	25 002	25 002	25 002	25 002
Profit Loss Account Reserve	-17 564	-6 649	3 645	11 083	29 663
Shareholder Funds	7 438	18 353	28 647	36 085	54 665

Other Financial Data
Audit Fees Expenses											17 500	17 500
Accrued Liabilities Deferred Income										3 500	59 233	43 115
Accumulated Amortisation Impairment Intangible Assets								219	627	1 357	2 100	18 437
Accumulated Depreciation Impairment Property Plant Equipment					33 271	47 897	197 539	226 224	402 719	709 433	843 155	1 208 736
Additions Other Than Through Business Combinations Intangible Assets											23 733	10 648
Additions Other Than Through Business Combinations Property Plant Equipment											542 943	462 430
Administrative Expenses	156 921	221 113								2 016 643	2 249 529	2 885 263
Amortisation Expense Intangible Assets										730	743
Amounts Owed By Associates Joint Ventures Participating Interests										1 500
Amounts Owed By Group Undertakings											303 743	658 138
Amounts Owed To Group Undertakings											956 556	1 218 018
Average Number Employees During Period						16	17	22	26	26	27	24
Bank Borrowings Overdrafts										939 159
Bank Overdrafts										939 159
Corporation Tax Payable					3 292	2 483				161 072	165 000	293 000
Cost Sales	388 348	646 320								6 897 696	5 322 052	6 275 606
Creditors					50 335	51 113	2 192 550	2 617 416	3 881 322	23 976	4 847	4 120 566
Current Tax For Period										167 822	165 000	294 160
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period										122 100
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences										122 100
Depreciation Expense Property Plant Equipment										317 304	355 461
Distribution Costs										4 998	2 263	24 772
Finance Lease Liabilities Present Value Total										23 976	4 847	3 346
Finance Lease Payments Owing Minimum Gross										23 976	13 661	3 346
Fixed Assets							153 506	132 153	365 698	676 932	532 704	403 932
Further Item Tax Increase Decrease Component Adjusting Items										-7	4 152	1 159
Future Minimum Lease Payments Under Non-cancellable Operating Leases										388 369	2 358 608	2 274 960
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss										-14 746	94 513	-135 229
Gain Loss On Disposals Property Plant Equipment										33 484	105 821
Government Grant Income										43 531	20 271
Gross Profit Loss	256 311	373 578								3 119 179	2 974 245
Impairment Loss Other Non-financial Assets											-341 602	-779
Increase From Amortisation Charge For Year Intangible Assets								219	408	730	743	16 337
Increase From Depreciation Charge For Year Property Plant Equipment						14 626	149 642	57 844	176 495	317 305	355 461	488 223
Intangible Assets								4 165	7 521	13 258	36 248	30 559
Intangible Assets Gross Cost								4 384	8 148	14 615	38 348	48 996
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings											3 059
Interest Income On Bank Deposits										36
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss										36
Interest Paid To Group Undertakings											43 771	70 103
Interest Payable Similar Charges Finance Costs											46 830	70 103
Loans From Group Undertakings											1 252 450	1 295 297
Loss Gain From Write-downs Reversals Inventories											341 602	779
Net Current Assets Liabilities	55 693	52 002	67 160	66 843	79 300	78 148	-73 803	-51 504	-284 552	635 695	1 291 688	2 706 408
Operating Profit Loss	99 390	152 465								1 375 291	742 724
Other Creditors					50 335	51 113		3 941	2 813	3 492	372 700	326 900
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment											221 738	122 642
Other Disposals Property Plant Equipment											576 438	219 932
Other Interest Receivable Similar Income Finance Income										36
Other Operating Income Format1										277 753	20 271
Other Remaining Borrowings											1 252 450	1 295 297
Other Taxation Social Security Payable					8 144	8 486		83 095	130 455	23 283	387 609	392 712
Pension Other Post-employment Benefit Costs Other Pension Costs										12 942	15 588	15 734
Prepayments Accrued Income										10 704	164 361	72 363
Profit Loss										1 085 405	530 894	1 290 795
Profit Loss On Ordinary Activities Before Tax	99 390	148 097								1 375 327	695 894	1 584 955
Property Plant Equipment Gross Cost					65 113	88 773	351 045	354 212	760 896	1 373 107	1 339 611	1 582 109
Raw Materials Consumables										2 434 448	2 859 468
Research Development Expense Recognised In Profit Or Loss										106 935	17 098
Social Security Costs										79 128	114 883
Staff Costs Employee Benefits Expense										791 786	1 096 493
Taxation Including Deferred Taxation Balance Sheet Subtotal										122 100	122 100	122 100
Tax Expense Credit Applicable Tax Rate										261 312	132 220	301 141
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward										-6 673
Tax Tax Credit On Profit Or Loss On Ordinary Activities										289 922	165 000	294 160
Total Assets Less Current Liabilities	60 910	71 785	82 217	92 321	111 142	119 024	79 703	80 649	81 146	1 312 627	1 824 392	3 110 340
Total Borrowings										939 159	1 252 450	1 295 297
Total Operating Lease Payments										311 058	259 458
Trade Creditors Trade Payables					1 918 352	1 857 972		2 530 380	3 748 054	2 696 919	1 137 518	548 178
Trade Debtors Trade Receivables					1 023 775	504 113		756 718	1 072 692	2 000 790	1 500 432	2 145 625
Turnover Revenue										10 016 875	8 296 297
Wages Salaries										699 716	966 022
Director Remuneration											165 128	120 000
Accrued Liabilities					6 655	2 250			2 550	3 500
Amounts Owed To Group Undertakings Other Participating Interests After One Year	53 472	50 335
Corporation Tax Due Within One Year	14 744	32 567
Corporation Tax Recoverable					6 750	6 750			6 750
Creditors Due After One Year	53 472	53 432	53 570	51 140	50 335
Creditors Due Within One Year	448 632	517 195	913 628	1 305 904	1 952 869
Debtors Due Within One Year	282 266	252 043
Depreciation Tangible Fixed Assets Expense	1 741	6 790
Disposals Decrease In Depreciation Impairment Property Plant Equipment								29 159		10 591
Disposals Property Plant Equipment								97 027	17 839	60 909
Interest Payable Similar Charges		4 368
Number Shares Allotted		1	1	1	1
Obligations Under Finance Lease Hire Purchase Contracts After One Year		3 097
Obligations Under Finance Lease Hire Purchase Contracts Within One Year		2 292
Operating Leases Expiring Between Two Five Years	18 561	24 561
Other Taxation Social Security Within One Year	1 303	170
Par Value Share		1	1	1	1					1
Prepayments					3 416	30 000			26 681	10 704
Profit Loss For Period	84 646	115 528
Provisions For Liabilities Balance Sheet Subtotal					6 142	7 990	17 680	9 781		122 100
Provisions For Liabilities Charges				5 096	6 142
Share Capital Allotted Called Up Paid	1	1	1	1	1
Tangible Fixed Assets Additions		21 356		18 914	16 978
Tangible Fixed Assets Cost Or Valuation	7 865	29 221	29 221	48 135	65 113
Tangible Fixed Assets Depreciation	2 648	9 438	14 164	22 657	33 271
Tangible Fixed Assets Depreciation Charged In Period		6 790	4 726	8 493	10 614
Tax On Profit Or Loss On Ordinary Activities	14 744	32 569
Total Additions Including From Business Combinations Intangible Assets								4 384	3 764	6 467
Total Additions Including From Business Combinations Property Plant Equipment						23 660	262 272	100 194	424 523	673 120
Total Dividend Payment	68 000	104 613
Trade Creditors Within One Year	390 500	430 532
Turnover Gross Operating Revenue	644 659	1 019 898
U K Current Corporation Tax	14 744	32 569
V A T Due Total Creditors	35 833	45 780
Additional Provisions Increase From New Provisions Recognised										122 100
Advances Credits Directors	12 000	12 000
Director Remuneration Benefits Excluding Payments To Third Parties	24 000	24 000
Merchandise									1 971 503	2 434 448
Number Shares Issued Fully Paid										1
Provisions										122 100