Workspace Technology Limited in Sutton Coldfield, B75 7BU

Description

Data updated on: 01-11-2023

Started with Reg No. 05302612 20 years ago, Workspace Technology Limited is a Private Limited Company. The firm's present mailing address is Unit 10, Reddicap Trading Estate Sutton Coldfield. This business's principal business activity number is 43999 which means Other specialised construction activities not elsewhere classified. Workspace Technology Ltd filed its account information for the financial period up to Sat, 31st Dec 2022. The firm's latest confirmation statement was submitted on Fri, 2nd Dec 2022.

As for this particular business, a number of director's duties up till now have been met by Andrew O. and Roy G.. When it comes to these two executives, Roy G. has been with the business the longest, having become a member of directors' team on December 2004.

Roy G. is the individual who controls 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	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	2 825 233	2 957 334	3 060 458	753 329	1 874 831
Current Assets	4 512 448	3 976 308	5 905 853	4 066 401	4 468 490
Debtors	1 567 654	916 563	2 736 001	3 244 511	2 525 098
Net Assets Liabilities	2 988 388	3 192 335	3 718 588	2 593 564	3 115 759
Other Debtors	180 572	77 696	29 569	1 021 723	1 020 058
Property Plant Equipment	385 751	358 651	310 485	338 049	239 695
Total Inventories	119 561	68 561	68 561	68 561	68 561

Other Financial Data
Accrued Liabilities Deferred Income			534 897	645 619	978 171
Accumulated Amortisation Impairment Intangible Assets	228 708	412 041	550 000	550 000	550 000
Accumulated Depreciation Impairment Property Plant Equipment	292 448	362 340	429 349	591 212	713 181
Amounts Owed By Directors				63 160
Average Number Employees During Period	23	25	26	26	22
Bank Borrowings Overdrafts		1 730	2 912	2 654	2 368
Corporation Tax Payable			236 561	121 595	62 607
Creditors	52 696	31 480	31 480	1 741 239	1 551 112
Deferred Tax Liabilities			74 088	61 647	41 314
Dividends Paid On Shares			290 000	241 276	229 823
Finished Goods Goods For Resale			22 064	22 064	22 064
Fixed Assets	707 043	496 610	310 485	338 049	239 695
Increase Decrease In Depreciation Impairment Property Plant Equipment				161 863	121 969
Increase Decrease In Net Deferred Tax Liability From Amount Recognised In Profit Or Loss				-12 441	-20 333
Increase From Depreciation Charge For Year Property Plant Equipment		69 892	67 009	161 863	121 969
Intangible Assets Gross Cost	550 000	550 000		550 000	550 000
Loans From Directors					8 280
Net Current Assets Liabilities	2 396 269	2 792 073	3 513 671	2 325 162	2 917 378
Other Creditors	52 696	31 480	31 480	561 019
Other Taxation Social Security Payable	360 452	153 737	299 740	65 249	148 071
Prepayments Accrued Income			40 833	850 778	83 534
Property Plant Equipment Gross Cost	678 199	720 991	739 834	929 261	952 876
Taxation Including Deferred Taxation Balance Sheet Subtotal			-74 088	-61 647	-41 314
Total Additions Including From Business Combinations Property Plant Equipment		42 792	18 843	189 426	23 615
Total Assets Less Current Liabilities	3 103 312	3 288 683	3 824 156	2 712 941	3 157 073
Trade Creditors Trade Payables	732 689	287 668	560 519	295 373	351 615
Trade Debtors Trade Receivables	1 387 082	838 867	2 706 432	1 308 850	1 421 506
Transfers To From Retained Earnings Increase Decrease In Equity				2 225
Work In Progress			46 497	46 497	46 497
Advances Credits Directors				71 753
Advances Credits Made In Period Directors				268 207	101 231
Advances Credits Repaid In Period Directors				-196 454	-172 984
Increase From Amortisation Charge For Year Intangible Assets		183 333	137 959
Intangible Assets	321 292	137 959
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal		33 850	40 833
Provisions For Liabilities Balance Sheet Subtotal	62 228	64 868	74 088