Magkan Solutions Limited in Sutton, SM1 4NS

Description

Data updated on: 01-11-2023

2011 marks the start of Magkan Solutions Limited, a firm which is situated at 45 St. Barnabas Road, in Sutton. That would make thirteen years Magkan Solutions has been in the business, as it was founded on 2011/07/13. Its registration number is 07703668 and the zip code is SM1 4NS. This firm's declared SIC number is 62020 and their NACE code stands for Information technology consultancy activities. Magkan Solutions Ltd reported its latest accounts for the period up to 2022-07-31. The latest confirmation statement was filed on 2022-12-17.

Given the following company's size, it was unavoidable to find more directors: Vishnu S. and Arunan K. who have been collaborating for four years to exercise independent judgement of the firm.

Arunan K. is the individual with significant control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-07-31	2013-07-31	2014-07-31	2015-07-31	2016-07-31	2017-07-31	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31	2023-07-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	5 235	-10 553	-7 662	-14 339	-23 558

Balance Sheet
Current Assets	21 549	11 491	22 120	23 963	29 054	25 279	32 162	77 261	77 379	8 516	45 658	54 501
Net Assets Liabilities					-23 559	58	88	32 297
Cash Bank In Hand	4 786	11 491	12 040	12 956	16 454
Debtors	16 763		10 080	11 007	12 600
Tangible Fixed Assets		640	1 011	1 021	1 214

Capital & Reserves
Called Up Share Capital	1	2	2	2	2
Profit Loss Account Reserve	5 234	-10 555	-7 664	-14 341	-23 560
Shareholder Funds	5 235	-10 553	-7 662	-14 339	-23 558

Other Financial Data
Accrued Liabilities Not Expressed Within Creditors Subtotal					-228	-456		-13
Average Number Employees During Period							2	1	1	1	1	1
Creditors					53 599	27 980	35 348	48 281	44 156	10 109	28 321	35 158
Fixed Assets					1 214	3 215	3 274	3 318	2 488	1 866	1 400	3 665
Net Current Assets Liabilities	5 235	-11 193	-8 673	-15 360	-24 772	-2 701	-3 186	28 980	33 223	-1 593	17 337	19 343
Total Assets Less Current Liabilities	5 235	-10 553	-7 662	-14 339	-23 558	514	88	32 298	35 711	273	18 737	23 008
Administrative Expenses	29 018	32 713
Creditors Due Within One Year	16 314	22 684	30 793	39 323	53 826
Debtors Due Within One Year	16 763
Depreciation Tangible Fixed Assets Expense		213
Number Shares Allotted	1	2	2	2	2
Other Creditors Due Within One Year	1 371	11 818
Par Value Share	1	1	1	1	1
Profit Loss For Period	50 734	33 211
Profit Loss On Ordinary Activities Before Tax	63 447	41 354
Share Capital Allotted Called Up Paid	1	2	2	2	2
Tangible Fixed Assets Additions		853	708	350	597
Tangible Fixed Assets Cost Or Valuation		853	1 561	1 911	2 508
Tangible Fixed Assets Depreciation		213	550	890	1 294
Tangible Fixed Assets Depreciation Charged In Period		213	337	340	404
Taxation Social Security Due Within One Year	14 943	10 866
Tax On Profit Or Loss On Ordinary Activities	12 713	8 143
Total Dividend Payment	45 500	49 000
Turnover Gross Operating Revenue	92 465	74 067
U K Current Corporation Tax	12 713	8 143
Director Remuneration Benefits Excluding Payments To Third Parties	14 043	12 111

Company staff

Vishnu S.

Role: Director

Appointed: 11 November 2020

Latest update: 24 February 2024

Arunan K.

Role: Director

Appointed: 13 July 2011

Latest update: 24 February 2024

People with significant control

Arunan K.

Notified on 28 July 2016

Nature of control:

over 3/4 of shares

right to manage directors

Vishnu S.

Notified on 28 July 2016

Ceased on 7 December 2017

Nature of control:

over 1/2 to 3/4 of shares

Accounts Documents

Account next due date	30 April 2024
Account last made up date	31 July 2022
Confirmation statement next due date	31 December 2023
Confirmation statement last made up date	17 December 2022

Annual Accounts 13 February 2015
Start Date For Period Covered By Report	01 August 2013
End Date For Period Covered By Report	31 July 2014
Date Approval Accounts	13 February 2015
Annual Accounts 27 April 2016
Start Date For Period Covered By Report	01 August 2014
End Date For Period Covered By Report	31 July 2015
Date Approval Accounts	27 April 2016
Annual Accounts 27 April 2017
Start Date For Period Covered By Report	01 August 2015
End Date For Period Covered By Report	31 July 2016
Date Approval Accounts	27 April 2017
Annual Accounts
Start Date For Period Covered By Report	01 August 2015
End Date For Period Covered By Report	31 July 2016
Annual Accounts
Start Date For Period Covered By Report	01 August 2015
End Date For Period Covered By Report	31 July 2016
Annual Accounts
Start Date For Period Covered By Report	01 August 2015
End Date For Period Covered By Report	31 July 2016
Annual Accounts
Start Date For Period Covered By Report	01 August 2019
End Date For Period Covered By Report	31 July 2020
Annual Accounts
Start Date For Period Covered By Report	01 August 2020
End Date For Period Covered By Report	31 July 2021
Annual Accounts
Start Date For Period Covered By Report	01 August 2021
End Date For Period Covered By Report	31 July 2022
Annual Accounts
Start Date For Period Covered By Report	01 August 2022
End Date For Period Covered By Report	31 July 2023
Annual Accounts 9 April 2013
End Date For Period Covered By Report	31 July 2012
Date Approval Accounts	9 April 2013
Annual Accounts 14 February 2014
End Date For Period Covered By Report	31 July 2013
Date Approval Accounts	14 February 2014

Magkan Solutions Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Vishnu S.

Arunan K.

People with significant control

Arunan K.

Vishnu S.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address,
2012

Address:

Post code:

City / Town:

HQ address,
2013

Address:

Post code:

City / Town:

HQ address,
2014

Address:

Post code:

City / Town:

HQ address,
2015

Address:

Post code:

City / Town:

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Magkan Solutions Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Vishnu S.

Arunan K.

People with significant control

Arunan K.

Vishnu S.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address, 2012

Address:

Post code:

City / Town:

HQ address, 2013

Address:

Post code:

City / Town:

HQ address, 2014

Address:

Post code:

City / Town:

HQ address, 2015

Address:

Post code:

City / Town:

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies

HQ address,
2012

HQ address,
2013

HQ address,
2014

HQ address,
2015