BizStats
You are here: bizstats.co.uk > a-z index > G list > GE list > GEM list > GEM list

Gem Partnership Limited NEWCASTLE UPON TYNE

Founded in 2009, Gem Partnership, classified under reg no. 06931626 is an active company. Currently registered at Fernwood House Fernwood Road NE2 1TJ, Newcastle Upon Tyne the company has been in the business for fifteen years. Its financial year was closed on Sun, 31st Mar and its latest financial statement was filed on Friday 31st March 2023. Since Tuesday 6th October 2009 Gem Partnership Limited is no longer carrying the name Torso.

The company has 4 directors, namely Lee R., Robert D. and Ian M. and others. Of them, Lee R., Robert D., Ian M., Maria M. have been with the company the longest, being appointed on 25 September 2009. Currenlty, the company lists one former director, whose name is Wendy B. and who left the the company on 25 September 2009. In addition, there is one former secretary - Paul B. who worked with the the company until 25 September 2009.

Gem Partnership Limited Address / Contact

Office Address Fernwood House Fernwood Road
Office Address2 Jesmond
Town Newcastle Upon Tyne
Post code NE2 1TJ
Country of origin United Kingdom

Company Information / Profile

Registration Number 06931626
Date of Incorporation Thu, 11th Jun 2009
Industry Temporary employment agency activities
Industry Other activities of employment placement agencies
End of financial Year 31st March
Company age 15 years old
Account next due date Tue, 31st Dec 2024 (216 days left)
Account last made up date Fri, 31st Mar 2023
Next confirmation statement due date Tue, 25th Jun 2024 (2024-06-25)
Last confirmation statement dated Sun, 11th Jun 2023

Company staff

Lee R.

Position: Director

Appointed: 25 September 2009

Robert D.

Position: Director

Appointed: 25 September 2009

Ian M.

Position: Director

Appointed: 25 September 2009

Maria M.

Position: Director

Appointed: 25 September 2009

Wendy B.

Position: Director

Appointed: 11 June 2009

Resigned: 25 September 2009

Paul B.

Position: Secretary

Appointed: 11 June 2009

Resigned: 25 September 2009

People with significant control

The list of PSCs who own or have control over the company is made up of 5 names. As we established, there is Kinetic Holdings Limited from Newton Aycliffe, England. The abovementioned PSC is categorised as "a private limited company", has 25-50% voting rights and has 25-50% shares. The abovementioned PSC has 25-50% voting rights and has 25-50% shares. The second entity in the PSC register is Ian M. This PSC owns 25-50% shares and has 25-50% voting rights. Then there is Lynsey D., who also fulfils the Companies House criteria to be indexed as a person with significant control. This PSC owns 25-50% shares and has 25-50% voting rights.

Kinetic Holdings Limited

2 Grangeside, Redworth, Newton Aycliffe, Co Durham, DL5 6NX, England

Legal authority The Companies Act 2006
Legal form Private Limited Company
Country registered England
Place registered England And Wales
Registration number 09644273
Notified on 6 April 2016
Nature of control: 25-50% voting rights
25-50% shares

Ian M.

Notified on 6 April 2016
Nature of control: 25-50% voting rights
25-50% shares

Lynsey D.

Notified on 6 April 2016
Nature of control: 25-50% voting rights
25-50% shares

Robert D.

Notified on 6 April 2016
Nature of control: 25-50% voting rights
25-50% shares

Maria M.

Notified on 6 April 2016
Nature of control: 25-50% voting rights
25-50% shares

Company previous names

Torso October 6, 2009

Annual reports financial information

Profit & Loss
Accounts Information Date 2016-12-312017-12-312018-12-312021-03-312022-03-312023-03-31
Balance Sheet
Cash Bank On Hand559 627663 481596 6111 115 446437 628406 329
Current Assets2 778 4462 992 7402 124 1463 075 9883 283 9034 481 891
Debtors2 217 8112 327 2531 521 4801 959 1192 843 0194 072 948
Net Assets Liabilities442 236580 421441 459617 890742 8061 288 232
Other Debtors19 51719 77320 75827 31927 67322 725
Property Plant Equipment59 13946 37653 70838 96247 02754 980
Total Inventories1 0082 0066 0551 4233 256 
Other
Audit Fees Expenses2 7503 4323 950 7 3006 570
Accrued Liabilities Deferred Income   347 420442 000580 341
Accumulated Depreciation Impairment Property Plant Equipment48 80567 12562 215102 069120 610142 303
Additions Other Than Through Business Combinations Property Plant Equipment    26 60629 646
Administrative Expenses1 692 2771 505 7111 556 0421 475 0171 595 7792 093 336
Average Number Employees During Period6627017456908541 206
Bank Borrowings131 94458 795 150 000  
Bank Borrowings Overdrafts48 58058 795 18 750118 115 
Banking Arrangements Classified As Cash Cash Equivalents    -118 115 
Bank Overdrafts    118 115 
Cash Cash Equivalents   1 277 193319 513 
Cash Cash Equivalents Cash Flow Value559 627  1 115 446319 513406 329
Corporation Tax Payable111 640128 26281 734172 016185 823307 242
Corporation Tax Recoverable5 0005 0005 0005 0005 0005 000
Cost Sales12 578 90212 754 81313 597 59516 904 12118 646 26125 448 441
Creditors48 5802 450 2721 725 7852 358 6222 576 5803 235 079
Current Tax For Period111 640128 26281 734171 480185 823307 242
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences   -1 8664 3562 016
Depreciation Impairment Expense Property Plant Equipment    18 54121 693
Dividend Income From Group Undertakings    75 988 
Dividends Paid352 154357 792458 432 735 585739 442
Dividends Paid Classified As Financing Activities-352 154-357 792-458 432-478 464-735 585-739 442
Dividends Paid On Shares Interim352 154357 792458 432 735 585739 442
Dividends Received Classified As Investing Activities    -75 988 
Fixed Assets59 13946 47653 80839 06247 12755 080
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities83 334-1 218 265329 150 000 
Further Item Tax Increase Decrease Component Adjusting Items   -1 865-3 0492 016
Future Minimum Lease Payments Under Non-cancellable Operating Leases57 79857 79857 798 35 538202 634
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables384 168-583 264599 530 -88 346-655 195
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables-237 826-109 442805 673 883 9001 229 929
Gain Loss In Cash Flows From Change In Inventories    1 833-642
Government Grant Income   278 64953 257 
Gross Profit Loss2 229 6312 133 2321 950 5342 084 4172 504 484 
Income Taxes Paid Refund Classified As Operating Activities-88 625-111 640-128 262-71 447-155 576-185 823
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation-193 877103 854-66 870 795 933-86 816
Increase From Depreciation Charge For Year Property Plant Equipment 18 3208 847 18 54121 693
Investments Fixed Assets 100100100100100
Investments In Subsidiaries   100100100
Net Assets Liabilities Subsidiaries -100484  100
Net Cash Generated From Operations-705 14747 863-1 817 949-1 917 436-195 846-1 041 727
Net Current Assets Liabilities443 123542 468398 361 707 3231 246 812
Net Finance Income Costs    75 988 
Other Creditors6 455132 836270 467445 377611 956515 746
Other Interest Receivable Similar Income Finance Income    75 988 
Other Operating Income Format1  9 648 65 987103 956
Other Taxation Social Security Payable1 217 315686 6811 150 864 1 186 0071 768 929
Pension Other Post-employment Benefit Costs Other Pension Costs90 28374 951118 027276 545430 966469 960
Percentage Class Share Held In Subsidiary 100100 100 
Prepayments Accrued Income42 20139 79740 10815 00463 56857 592
Profit Loss419 291495 977319 470653 913860 5011 284 868
Profit Loss On Ordinary Activities Before Tax533 122621 316403 391891 2901 050 6801 594 126
Property Plant Equipment Gross Cost107 944113 501115 923141 031167 637197 283
Purchase Property Plant Equipment-29 633-5 557-19 987 -26 606-29 646
Raw Materials Consumables   1 4233 256 
Social Security Costs588 921545 715693 373986 6821 222 580 
Staff Costs Employee Benefits Expense9 787 4749 715 04711 495 47516 996 49719 541 76426 591 021
Taxation Including Deferred Taxation Balance Sheet Subtotal   7 28811 64413 660
Tax Decrease Increase From Effect Revenue Exempt From Taxation    14 435 
Tax Expense Credit Applicable Tax Rate106 624124 26376 644 199 629302 884
Tax Increase Decrease From Effect Capital Allowances Depreciation-2 0962 553-1 3931 914-3 049 
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss7 1126 4676 5942203 6787 556
Tax Tax Credit On Profit Or Loss On Ordinary Activities113 831125 33983 921169 614190 179309 258
Total Assets Less Current Liabilities502 262588 944452 169 754 4501 301 892
Total Borrowings644 4781 277 389 18 750118 115 
Trade Creditors Trade Payables31 94641 29630 21717 68532 67962 821
Trade Debtors Trade Receivables2 131 0932 242 6831 410 1841 855 3662 746 7783 987 631
Turnover Revenue14 808 53314 888 04515 548 12918 988 53821 150 745 
Wages Salaries9 108 2709 094 38110 684 07515 733 27017 888 21824 378 287
Director Remuneration40 71540 40342 597 35 37671 435
Director Remuneration Benefits Including Payments To Third Parties    274 209316 415
Amount Specific Advance Or Credit Directors5 0005 0005 000   
Company Contributions To Money Purchase Plans Directors38 40038 40038 400   
Dividend Recommended By Directors 357 792458 432   
Number Directors Accruing Benefits Under Money Purchase Scheme444   
Accrued Liabilities372 069183 708192 503   
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss -2 9232 187   
Amounts Owed By Group Undertakings  25 430   
Amounts Owed To Group Undertakings 100    
Applicable Tax Rate202019   
Comprehensive Income Expense419 291495 977319 470   
Depreciation Amortisation Expense19 15518 3208 847   
Depreciation Expense Property Plant Equipment19 15518 3208 847   
Disposals Decrease In Depreciation Impairment Property Plant Equipment  13 757   
Disposals Property Plant Equipment  17 565   
Dividend Per Share Interim 649832   
Further Item Bank Borrowings Overdrafts Component Total Bank Borrowings Overdrafts512 534329    
Gain Loss On Disposal Assets Income Statement Subtotal  -3 808   
Gain Loss On Disposals Property Plant Equipment  -3 808   
Increase Decrease In Stocks Inventories Finished Goods Work In Progress-2 2969984 049   
Interest Expense On Bank Loans Similar Borrowings4 2326 205749   
Interest Paid Classified As Operating Activities-4 232-6 205-749   
Interest Payable Similar Charges Finance Costs4 2326 205749   
Investments In Group Undertakings 100100   
Merchandise1 0082 0066 055   
Net Cash Flows From Used In Financing Activities776 534-275 1191 735 821   
Net Cash Flows From Used In Investing Activities29 6335 55719 987   
Net Cash Flows From Used In Operating Activities-612 290165 708-1 688 938   
Number Shares Issued Fully Paid 551551   
Operating Profit Loss537 354627 521404 140   
Other Deferred Tax Expense Credit2 191-2 9232 187   
Other Remaining Borrowings512 5341 218 594    
Par Value Share 11   
Proceeds From Borrowings Classified As Financing Activities -58 000    
Profit Loss Subsidiaries  -584   
Provisions11 4468 52310 710   
Provisions For Liabilities Balance Sheet Subtotal11 4468 52310 710   
Repayments Borrowings Classified As Financing Activities-341 046-131 149-58 795   
Total Additions Including From Business Combinations Property Plant Equipment 5 55719 987   
Total Operating Lease Payments88 67464 82472 013   

Company filings

Filing category
Accounts Address Annual return Capital Change of name Confirmation statement Incorporation Mortgage Officers Persons with significant control Resolution
Full accounts data made up to Friday 31st March 2023
filed on: 9th, October 2023 		Free Download (25 pages)

Company search

Advertisements

Companies nearby

© bizstats.co.uk 2024.

Terms of Use and Privacy Policy
Contains public sector information licensed under the Open Government Licence v2.0.

Contact us

Email: info@bizstats.co.uk
All the information provided is derived from publicly available records. Unintentional errors are possible - bizstats.co.uk is not responsible for how accurate or up to date the data is. You use the information provided at your own risk.