Majorfax Limited in West Mids, WS2 9LZ

Description

Data updated on: 01-11-2023

Majorfax Limited is located at West Mids at Charles Street. Anyone can look up the company by referencing its area code - WS2 9LZ. This company has been in business on the UK market for fourty years. This enterprise is registered under the number 01808558 and its official status is active. The enterprise's SIC and NACE codes are 46900, that means Non-specialised wholesale trade. 2022/07/31 is the last time company accounts were filed.

That company owes its accomplishments and permanent growth to three directors, specifically Leigh D., Gary C. and John H., who have been leading the firm since 2016.

The companies with significant control over this firm include: Majorfax Sourcing Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Walsall at Charles Street, WS2 9LZ and was registered as a PSC under the reg no 10290391.

Financial data based on annual reports

Profit & Loss
Date of Accounts	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

Balance Sheet
Cash Bank On Hand	2 699 953	1 813 455	1 345 577	1 358 181	2 227 373	1 653 976	1 932 319	2 019 250
Current Assets	5 167 422	3 851 377	4 367 570	4 324 167	4 813 244	5 992 855	6 559 061	6 366 628
Debtors	2 107 680	1 698 506	1 714 947	1 420 071	1 568 162	3 030 540	2 780 866	3 069 633
Net Assets Liabilities		2 250 391	2 723 909	3 436 106	4 074 739	4 813 555	5 061 494	5 208 695
Other Debtors	332 094	469 541	39 345	40 965	201 619	47 070	45 313	48 847
Property Plant Equipment	133 087	131 545	125 963	153 859	155 955	126 458	104 454
Total Inventories	359 789	339 416	1 307 046	1 545 915	1 017 709	1 308 339	1 845 876	1 277 745

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	215 526	232 980	246 060	273 179	288 829	264 967	290 031	16 000
Additional Provisions Increase From New Provisions Recognised								194
Amounts Owed By Group Undertakings		104 716			257 406	1 312 896	563 396	1 697 869
Amounts Owed To Group Undertakings	1 798 110	619 559	271 757	111 597
Average Number Employees During Period	15	16	16	18	18	15	14	15
Creditors	3 055 118	1 732 531	1 756 724	1 021 720	876 197	1 290 134	1 585 689	1 239 936
Disposals Decrease In Depreciation Impairment Property Plant Equipment		8 372	12 124		17 327	54 699	2 666
Disposals Property Plant Equipment		16 100	17 500		28 342	80 859	2 666
Finance Lease Liabilities Present Value Total	12 295
Future Minimum Lease Payments Under Non-cancellable Operating Leases		89 760	91 555	93 386	115 254	130 405	132 756	252 004
Increase Decrease Due To Transfers Between Classes Property Plant Equipment		-86 590
Increase From Depreciation Charge For Year Property Plant Equipment		25 826	25 204	27 119	32 977	30 837	27 730	2 888
Net Current Assets Liabilities	2 112 304	2 118 846	2 610 846	3 302 447	3 937 047	4 702 721	4 973 372	5 126 692
Other Creditors	5 000	5 000	5 000	5 000	62 011	76 164	78 266	48 980
Other Taxation Social Security Payable	330 630	230 563	253 025	139 675	295 716	183 076	201 657	519 329
Property Plant Equipment Gross Cost	348 613	364 525	372 023	427 038	444 784	391 425	394 485	14 461
Provisions			12 900	20 200	18 263	15 624	16 332	16 526
Provisions For Liabilities Balance Sheet Subtotal			12 900	20 200	18 263	15 624	16 332	16 526
Total Additions Including From Business Combinations Property Plant Equipment		32 012	24 998	55 015	46 088	27 500	5 726	6 098
Total Assets Less Current Liabilities	2 245 391	2 250 391	2 736 809	3 456 306	4 093 002	4 829 179	5 077 826	5 225 221
Trade Creditors Trade Payables	909 083	877 409	1 226 942	765 448	518 470	1 030 894	1 305 766	671 627
Trade Debtors Trade Receivables	1 775 586	1 124 249	1 675 602	1 379 106	1 109 137	1 670 574	2 172 157	1 322 917
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment		-17 318