Traveltek Ltd. in Glasgow, G1 3DX

Description

Data updated on: 01-11-2023

Traveltek Ltd. can be contacted at Glasgow at Suite 3a. You can find the firm using the zip code - G1 3DX. Traveltek's founding dates back to 1996. This firm is registered under the number SC169803 and company's last known status is active. The company now known as Traveltek Ltd. was known as Kitsol up till Thu, 25th Jun 1998 when the name got changed. The firm's classified under the NACE and SIC code 62090 which stands for Other information technology service activities. 2022-12-31 is the last time when the company accounts were filed.

With two job offers since 23rd July 2014, the corporation has been a rather active employer on the job market. On 30th October 2015, it was searching for candidates for a full time Python Web Developer / Software Engineer post in Glasgow, and on 23rd July 2014, for the vacant post of a full time Trainee Project Manager in Glasgow.

In order to meet the requirements of their customer base, this specific firm is being taken care of by a body of five directors who are, to mention just a few, Cressida S., David H. and Phillip A.. Their work been of prime use to this specific firm since August 2022. At least one secretary in this firm is a limited company, specifically Mbm Secretarial Services Limited.

Previous company's names
Traveltek Ltd. 1998-06-25
Kitsol Ltd 1996-11-13

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
Currency

Balance Sheet
Cash Bank On Hand	1 245 273	313 958	167 992	318 580	349 989	976 591	728
Current Assets	3 482 394	2 836 383	2 359 640	2 392 839	2 546 132	3 281 231	3 107
Debtors	2 237 121	2 522 425	2 191 648	2 074 259	2 196 143	2 306	2 379
Net Assets Liabilities			-2 445 545	-2 996 414	-3 572 950	1 690	1 589
Other Debtors	580 038	504 881	150 158	202 402	214 146	5 172	2
Property Plant Equipment	92 683	79 983	82 921	54 017	41 573	31 498	29

Other Financial Data
Audit Fees Expenses					24 250	26
Accrued Liabilities Deferred Income					355 801	790	781
Accumulated Depreciation Impairment Property Plant Equipment	231 173	165 596	131 006	159 285	133 619	106 955	126
Additions Other Than Through Business Combinations Property Plant Equipment		25 967	36 943	23 403		14 342	16
Administrative Expenses					2 214 560	2 398 533	2 806
Amounts Owed By Group Undertakings					1 317 841	1 524 721	1 584
Amounts Owed By Related Parties	1 055 883	1 370 847	1 177 089	1 270 540	1 317 841
Amounts Owed To Group Undertakings	2 188 965	2 447 413	3 817 363	4 447 128	5 160 531	216	247
Average Number Employees During Period		87	83	72	63	59	57
Bank Borrowings					49 059	37 794	27
Bank Borrowings Overdrafts				44 167	38 090	27	17
Comprehensive Income Expense					-576 536	-537	-101
Corporation Tax Payable			-2 765	1
Corporation Tax Recoverable	161 549	340 593	391 543	284 018	319 377	382	207
Cost Sales					3 239 857	4 035	4 135
Creditors	2 633 262	3 247 265	4 888 895	44 167	38 090	26 756	17
Current Tax For Period					-319 377	-382	-207
Depreciation Expense Property Plant Equipment					25 865	23 602
Fixed Assets	99 671	80 772	83 710	54 806	42 362	32 287	30
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss							-294
Further Item Tax Increase Decrease Component Adjusting Items					418	500	-378
Future Minimum Lease Payments Under Non-cancellable Operating Leases		136 299	75 950	186 994	139 872	61
Gain Loss Due To Foreign Exchange Differences Before Tax In Other Comprehensive Income	4 034	24 714	11 223	-49 020	-48 209	66 390	-43
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss						36 593	-25
Gain Loss On Disposals Property Plant Equipment						-498
Government Grant Income					200 718	45 000
Gross Profit Loss					1 166 138	1 368 301
Increase From Depreciation Charge For Year Property Plant Equipment		38 666	34 005	37 492	25 565	23 602	19
Intangible Assets	6 199
Intangible Assets Gross Cost	6 199
Investments Fixed Assets	789	789	789	789	789	789	1
Investments In Group Undertakings Participating Interests		789	789	789	789
Investments In Subsidiaries					789	789	1
Issue Equity Instruments						5 800 000
Net Current Assets Liabilities	849 132	-410 882	-2 529 255	-3 007 053	-3 577 222	1 686	1 576
Number Shares Issued Fully Paid		20 000
Other Creditors	137 262	473 122	567 175	291 123	357 034	10	6
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		104 243	68 595	9 213	51 231	50 266
Other Disposals Intangible Assets		6 199
Other Disposals Property Plant Equipment		104 243	68 595	24 028	51 231	51 081
Other Interest Receivable Similar Income Finance Income							5
Other Operating Income Format1					200 718	45 000
Other Taxation Social Security Payable	138 842	208 395	240 753	431 509	368 023	230	195
Par Value Share		1
Pension Other Post-employment Benefit Costs Other Pension Costs					73 052	79 266	159
Percentage Class Share Held In Subsidiary						70
Prepayments Accrued Income					212 407	295 074	357
Profit Loss	-91 269	-1 303 627	-2 126 658	-501 849	-528 327	-603 584	-58
Profit Loss On Ordinary Activities Before Tax					-847 704	-985	-265
Property Plant Equipment Gross Cost	323 855	245 579	213 927	213 302	175 192	138 453	155
Social Security Costs					297 208	328 639
Staff Costs Employee Benefits Expense					3 278 799	3 465	3 718
Tax Expense Credit Applicable Tax Rate					-161 064	-187	-62
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss					1	2	1
Tax Tax Credit On Profit Or Loss On Ordinary Activities					-319 377	-382	-207
Total Additions Including From Business Combinations Property Plant Equipment					13 121
Total Assets Less Current Liabilities	948 803	-330 110	-2 445 545	-2 952 247	-3 534 860	1 717	1 606
Total Borrowings					38 090	26 756	17
Total Operating Lease Payments					88 780	64 816
Trade Creditors Trade Payables	168 193	118 335	266 369	224 298	226 797	340	292
Trade Debtors Trade Receivables	439 651	306 104	472 858	317 299	344 779	98 025	229
Turnover Revenue					4 405 995	5 403 349
Wages Salaries					2 908 539	3 037	3 215
Company Contributions To Defined Benefit Plans Directors					6 574	10 856
Director Remuneration					271 098	399 337	775
Director Remuneration Benefits Including Payments To Third Parties					277 672	410 193	814

Company staff