Twin Systems Holdings (UK) Limited in Potters Bar, EN6 1TL

Description

Data updated on: 01-11-2023

1996 is the date that marks the founding of Twin Systems Holdings (UK) Limited, the company which is situated at Hurshens, Unit 2 32-34 Station Close, Potters Bar. That would make 28 years Twin Systems Holdings (UK) has existed in the United Kingdom, as it was established on 16th April 1996. The firm Companies House Reg No. is 03186632 and the zip code is EN6 1TL. The company known today as Twin Systems Holdings (UK) Limited was known as Twin 2 up till 23rd June 1997 when the name was changed. This enterprise's classified under the NACE and SIC code 70221 meaning Financial management. Its most recent accounts were submitted for the period up to 2022-12-31 and the most current confirmation statement was released on 2023-04-16.

In order to satisfy the customer base, this specific firm is constantly being led by a team of three directors who are Philip H., Stephen S. and Paul S.. Their support has been of prime importance to the firm since 18th March 1997. In addition, the managing director's responsibilities are often backed by a secretary - Paul S., who was selected by the firm in 1996.

Previous company's names
Twin Systems Holdings (UK) Limited 1997-06-23
Twin 2 Limited 1996-04-16

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
Currency

Balance Sheet
Cash Bank On Hand			2 859	6 599	1 163	93
Current Assets	67 295	75 136	45 454	58 710	42 418	38 810
Debtors			42 595	52 111	41 255	38 717
Net Assets Liabilities			191 235	187 145	149 869	149 857
Other Debtors			33 079	33 079	33 079	33 079
Property Plant Equipment			1 943	1 943	1 943

Other Financial Data
Accrued Liabilities Not Expressed Within Creditors Subtotal	2 644	144	69
Accumulated Depreciation Impairment Property Plant Equipment				10 712	10 712	12 655
Amounts Owed To Group Undertakings Participating Interests			51 000	51 000	51 000	48 500
Average Number Employees During Period			3		3	3
Corporation Tax Payable			335	17 750	7 424	9 753
Creditors	111 357	98 356	56 093	73 508	94 492	88 953
Depreciation Rate Used For Property Plant Equipment				25	25	25
Fixed Assets	201 943	201 943	201 943	201 943	201 943	200 000
Increase From Depreciation Charge For Year Property Plant Equipment						1 943
Investments			200 000	200 000	200 000	200 000
Investments Fixed Assets			200 000	200 000	200 000	200 000
Investments In Group Undertakings			200 000	200 000	200 000	200 000
Net Current Assets Liabilities	-44 062	-23 220	-10 708	-14 798	-52 074	-50 143
Other Creditors			69		2 500	2 500
Other Taxation Social Security Payable			4 758	4 758	5 368
Property Plant Equipment Gross Cost				12 655	12 655	12 655
Total Assets Less Current Liabilities	157 881	178 723	191 235	187 145	149 869	149 857
Trade Creditors Trade Payables					28 200	28 200
Trade Debtors Trade Receivables			9 516	19 032	8 176	5 638