Maxgear Limited in Rochdale, OL11 5HL

Description

Data updated on: 01-11-2023

Maxgear Limited with Companies House Reg No. 06798210 has been in this business field for 15 years. This particular Private Limited Company is officially located at 14 York Avenue, , Rochdale and its area code is OL11 5HL. This company has operated under three different names. Its initial name, Maxgear, was switched on 2009-03-05 to Maxgear Cycles. The current name, in use since 2009, is Maxgear Limited. The enterprise's classified under the NACE and SIC code 47910, that means Retail sale via mail order houses or via Internet. The latest financial reports describe the period up to Sat, 30th Apr 2022 and the most recent annual confirmation statement was released on Sun, 22nd Jan 2023.

On Fri, 21st Apr 2017, the company was searching for a Online Sales Executive to fill a vacancy in Greater Manchester. They offered a job with wage from £28000.00 to £32000.00 per year.

According to the latest update, we have only a single managing director in the company: Ciaran D. (since 2009-01-22). Since 2009 Wayne G., had been responsible for a variety of tasks within this limited company till the resignation in April 2018. In addition a different director, specifically Ian B. gave up the position on 2011-01-13.

Previous company's names
Maxgear Limited 2009-03-09
Maxgear Cycles Limited 2009-03-05
Maxgear Limited 2009-01-22

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-04-30	2012-04-30	2013-04-30	2014-04-30	2015-04-30	2016-04-30	2017-04-30	2018-04-30	2019-04-30	2020-04-30	2021-04-30	2022-04-30	2023-04-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-63 054	-30 640	14 895	61 765	130 413	258 806

Balance Sheet
Cash Bank On Hand						360 477	211 478	131 011	51 995	130 240	258 609	43 595	54 095
Current Assets	145 881	211 446	226 668	340 767	503 262	757 878	759 286	693 003	600 261	653 923	735 905	579 744
Debtors	39 462	31 101	50 414	47 915	66 319	48 634	95 658	134 518	142 702	129 167	100 566	155 256	75 697
Net Assets Liabilities						258 806	288 923	189 420	182 596	393 141	566 444	442 604	383 588
Other Debtors									11 573		22 325	72 118	8 207
Property Plant Equipment						21 742	10 368	17 004	21 268	18 658	15 091	10 146	7 573
Total Inventories						348 769	452 150	427 474	405 564	394 516	376 730	380 893	343 650
Cash Bank In Hand	67 505	147 721	135 437	223 858	329 446	360 475
Net Assets Liabilities Including Pension Asset Liability	-63 054	-30 640	14 895	61 765	130 413	258 806
Stocks Inventory	38 914	32 624	40 817	68 994	107 497	348 769
Tangible Fixed Assets			29 110	29 134	23 539	21 743

Capital & Reserves
Called Up Share Capital	20 000	20 000	20 000	20 000	20 000	20 000
Profit Loss Account Reserve	-83 054	-50 640	-5 105	41 765	110 413	238 806
Shareholder Funds	-63 054	-30 640	14 895	61 765	130 413	258 806

Other Financial Data
Accrued Liabilities Deferred Income								5 550	3 915	3 694	2 489	3 062	277
Accumulated Amortisation Impairment Intangible Assets								2 218	2 218	2 218	2 218	2 218	2 218
Accumulated Depreciation Impairment Property Plant Equipment						23 688	14 238	19 787	23 352	30 021	36 062	42 445	48 163
Additions Other Than Through Business Combinations Property Plant Equipment									10 047	4 059	2 474	1 438
Amounts Owed To Directors													960
Average Number Employees During Period							15	13	7	4	5	6	5
Bank Borrowings Overdrafts								339 582	99 490	99 642			45 784
Corporation Tax Payable						42 549	26 926	29 734	16 432	64 621	68 066	69 759	6 181
Creditors						94 289	231 072	339 582	99 490	275 920	181 710	145 399	96 029
Future Minimum Lease Payments Under Non-cancellable Operating Leases									55 583	32 583	9 583	23 000	9 583
Increase From Depreciation Charge For Year Property Plant Equipment							8 148	5 637	5 783	6 669	6 041	6 383	5 718
Intangible Assets Gross Cost								2 218	2 218	2 218	2 218	2 218	2 218
Net Current Assets Liabilities	-27 090	23 204	27 509	171 808	244 383	367 211	509 627	511 998	264 289	378 003	554 195	434 345
Other Creditors								1 781	1 315	2 015	5 326	3 454	968
Other Provisions Balance Sheet Subtotal												1 887	1 398
Other Taxation Payable												15 971	15 185
Other Taxation Social Security Payable						3 479	4 352	100 336	93 189	53 562	69 119	15 971
Prepayments Accrued Income								34 599	32 580	29 564	29 158	36 290	27 619
Property Plant Equipment Gross Cost						45 430	24 606	36 791	44 620	48 679	51 153	52 591	55 736
Provisions For Liabilities Balance Sheet Subtotal									3 471	3 520	2 842	1 887
Total Additions Including From Business Combinations Property Plant Equipment							6 896	12 543					3 145
Total Assets Less Current Liabilities	-27 090	23 204	56 619	61 765	267 922	389 254	519 995	529 002	285 557	396 661	569 286	444 491
Trade Creditors Trade Payables						91 440	12 061	43 604	118 619	52 386	36 710	53 153	26 674
Trade Debtors Trade Receivables						72 872	95 658	99 920	98 549	99 603	49 083	46 848	39 871
Useful Life Property Plant Equipment Years													6
Accrued Liabilities						130 448	94 001
Disposals Decrease In Depreciation Impairment Property Plant Equipment							17 598	88
Disposals Property Plant Equipment							27 720	358
Fixed Assets			29 110	29 134	23 539	22 043	10 368
Investments Fixed Assets						300
Number Shares Issued Fully Paid							20 000	10 000
Other Investments Other Than Loans						300	-300
Other Remaining Borrowings						94 289	231 072
Par Value Share		1	1	1			1	1
Creditors Due After One Year Total Noncurrent Liabilities	35 964	53 844
Creditors Due Within One Year Total Current Liabilities	172 971	188 242
Prepayments Accrued Income Not Expressed Within Current Asset Sub-total		7 134
Creditors Due After One Year		53 844	41 724
Creditors Due Within One Year		188 242	199 159	176 615	269 115	414 906
Number Shares Allotted		20 000	20 000	20 000
Other Creditors After One Year		53 844	41 724
Accruals Deferred Income				139 177	137 509	130 448
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal				7 656	10 236	24 239
Tangible Fixed Assets Additions			30 894	6 364	1 883	6 289
Tangible Fixed Assets Cost Or Valuation			30 894	37 258	39 141	45 430
Tangible Fixed Assets Depreciation			1 784	8 124	15 602	23 687
Tangible Fixed Assets Depreciation Charged In Period			1 784	6 340	7 478	8 085
Share Capital Allotted Called Up Paid		20 000	20 000	20 000