Mtalx Limited in Manchester, M3 5FS

Description

Data updated on: 01-11-2023

Mtalx Limited is officially located at Manchester at First Floor, Cloister House Riverside. You can find this business using the area code - M3 5FS. Mtalx's launching dates back to year 2010. The company is registered under the number 07166616 and their status at the time is active. The firm has operated under three previous names. The initial listed name, Derby Metals & Minerals, was switched on 2017-06-06 to Prospero Metals. The current name is in use since 2017, is Mtalx Limited. The company's Standard Industrial Classification Code is 70229 and has the NACE code: Management consultancy activities other than financial management. The business most recent financial reports were submitted for the period up to 2022-11-30 and the latest annual confirmation statement was filed on 2023-05-25.

Yitzchak G. and Daniel G. are the firm's directors and have been cooperating as the Management Board since April 2017.

Previous company's names
Mtalx Limited 2017-09-28
Prospero Metals Limited 2017-06-06
Derby Metals & Minerals Limited 2010-02-23

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-06-30	2014-06-30	2015-06-30	2017-02-28	2018-02-28	2019-02-28	2020-02-28	2021-02-28	2021-11-30	2022-11-30
Currency
Net Worth	1 078 774	1 253 151	5 937 994

Balance Sheet
Cash Bank On Hand				62 055	5 838 123	5 350 270	2 379 581	4 068 341	2 335 306	66 246
Current Assets	28 805 771	18 787 135	11 108 695	15 717 277	28 217 636	28 488 376	25 650 432	33 315 404	56 030 961	83 928 757
Debtors	14 104 449	2 658 562	1 483 659	4 665 069	3 060 145	5 160 333	7 344 319	6 397 559	18 281 723	40 360 760
Net Assets Liabilities				5 960 300	7 229 434	7 301 034	7 459 143	8 336 087	17 115 714	32 668 803
Other Debtors	4 381 552	58 118	261 722	1 418 467	302 614	369 324	1 058 260	885 985	1 313 620	2 259 450
Property Plant Equipment				90 893	47 256	139 876	220 025	210 506	162 998	638 670
Total Inventories				10 990 153	19 319 368	17 977 773	15 926 532	22 849 504	35 413 932	43 501 751
Cash Bank In Hand	7 405 965	5 460 003	282 971
Intangible Fixed Assets	1 588 763	1 361 440	1 134 117
Stocks Inventory	7 295 357	10 668 570	9 342 065
Tangible Fixed Assets	120 868	101 914	92 544
Trade Debtors	9 720 513	2 562 627	1 151 221

Capital & Reserves
Called Up Share Capital	1	200	300
Profit Loss Account Reserve	1 078 773	1 252 951	-408 994
Shareholder Funds	1 078 774	1 253 151	5 937 994

Other Financial Data
Audit Fees Expenses	25 000	24 750	33 000	22 000	38 000	33 000	33 000	45 000	44 250	25 752
Other Non-audit Services Fees					38 491	34 646	32 059	25 058
Taxation Compliance Services Fees					4 020	2 885	6 010	3 110
Accrued Liabilities Deferred Income				57 866	135 487	567 568	256 632	346 348	260 105	2 660 306
Accumulated Amortisation Impairment Intangible Assets				1 499 096	1 731 473	1 958 796	2 073 570	2 191 403	2 274 311	2 277 377
Accumulated Depreciation Impairment Property Plant Equipment				146 999	11 871	26 080	35 837	58 668	48 978	209 621
Additions Other Than Through Business Combinations Intangible Assets						4 898	12 900		6 879
Additions Other Than Through Business Combinations Property Plant Equipment					49 036	106 829	110 256	13 312	118 793	636 315
Administrative Expenses	1 032 356	1 182 205	1 202 966	683 171	1 591 302	1 908 375	1 748 110	1 849 320	1 898 815	6 709 531
Amortisation Expense Intangible Assets				143 993	232 377	227 323	114 774	117 833	82 908	3 066
Amortisation Impairment Expense Intangible Assets					232 377	227 323	114 774	117 833	82 908	3 066
Amounts Owed By Group Undertakings					813 466	901 228	966 228	880 524	890 824	6 854 357
Amounts Owed To Group Undertakings										4 687 629
Average Number Employees During Period				6	8	7	7	8	14	17
Balances Amounts Owed By Related Parties									196 911	196 911
Bank Borrowings Overdrafts		5 872 680		4 426 116	17 049 112	16 426 115	12 571 095	17 042 915	21 030 026	19 941 610
Banking Arrangements Classified As Cash Cash Equivalents					-17 049 112	-16 426 115	-12 571 095	-17 042 915	-21 030 026	-19 941 610
Bank Overdrafts	12 662 360	6 239 621	2 251 465	4 426 116	17 049 112	16 426 115	12 571 095	17 042 915	21 030 026	19 941 610
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment				551 815
Cash Cash Equivalents Cash Flow Value				-4 364 061	-11 210 989	-11 075 845	-10 191 514	-12 974 574	-18 694 720	-19 875 364
Cash Flows From Disposal Or Reduction In Control Over Subsidiaries Or Other Businesses						151
Cash Receipts From Repayment Other Loans Advances Classified As Investing Activities									75 935	-554 899
Cash Receipts From Sales Interests In Associates								265 780	75 935
Comprehensive Income Expense				165 127	1 399 134	206 600		1 296 944	8 779 627	15 953 089
Corporation Tax Payable					214 607	357 860	418 386	699 985	2 615 017	3 277 661
Corporation Tax Recoverable				58 817		25 361	215 992	317 117	318 201	252 568
Cost Sales	45 464 713	30 935 165	36 567 830	23 121 385	57 610 949	80 569 659	70 369 247	71 440 182	107 904 115	377 533 213
Creditors				10 598 677	762 847	826 459	545 899	545 899	545 899	545 899
Current Tax For Period					214 607	102 120	41 841	333 382	2 124 831	3 696 365
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period								-1 387
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				2 322	-11 830	4 629	13 522	-1 387	12 382	128 567
Depreciation Expense Property Plant Equipment				15 004	8 856	14 209	19 366	22 831	49 640	160 643
Depreciation Impairment Expense Property Plant Equipment					8 856	14 209	19 366	22 831	49 640	160 643
Distribution Costs	306 648	545 042	442 514	385 295	420 322	595 922	509 050	950 426	1 034 553	1 539 329
Dividends Paid					130 000	135 000		420 000		400 000
Dividends Paid Classified As Financing Activities					-130 000	-135 000		-420 000		-400 000
Dividends Paid On Shares					530 424	307 999	206 125
Dividends Paid On Shares Interim					130 000	135 000		420 000		400 000
Finished Goods Goods For Resale	7 295 357	10 668 570	9 342 065	10 990 153	19 319 368	17 977 773	15 926 532	22 849 504	35 413 932	43 501 751
Fixed Assets	1 709 631	1 463 354	1 226 661	853 694	577 680	448 026	426 301	298 949	175 412	648 018
Further Item Interest Expense Component Total Interest Expense							4 347	9 267	4 440	4 437
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total							213 184	265 780
Further Item Tax Increase Decrease Component Adjusting Items				3 001	17 687	2 700	13 522	19 887	12 382	128 567
Future Minimum Lease Payments Under Non-cancellable Operating Leases					600 000	570 000	540 000	510 000	2 037 248	1 921 924
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss				-288 617	102 991	-10 648	-431 402	565 318	-498 516	1 738 136
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables					2 633 409	-480 989	-1 043 754	-1 908 644	-7 897 868	-13 114 518
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables					-1 546 107	2 074 827	1 780 171	-1 313 665	11 807 145	22 699 569
Gain Loss In Cash Flows From Change In Inventories					8 329 215	-1 341 595	-2 051 241	6 922 972	12 564 428	8 087 819
Gain Loss On Disposals Property Plant Equipment					-83 818		-4 980		-116 662
Government Grant Income								12 806
Gross Profit Loss	2 204 861	2 750 698	501 363	1 309 221	3 885 141	3 274 998	2 741 744	4 752 869	14 318 580	29 106 804
Income Taxes Paid Refund Classified As Operating Activities				-20 192	58 817	6 198	-173 198	-151 428	-210 883	-2 968 088
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation					6 846 928	-135 144	-884 331	2 783 060	5 720 146	1 180 644
Increase Decrease In Current Tax From Adjustment For Prior Periods						9 574	1 252	-1 480
Increase From Amortisation Charge For Year Intangible Assets					232 377	227 323	114 774	117 833	82 908	3 066
Increase From Depreciation Charge For Year Property Plant Equipment					8 856	14 209	19 366	22 831	49 640	160 643
Intangible Assets				762 801	530 424	307 999	206 125	88 292	12 263	9 197
Intangible Assets Gross Cost				2 261 897	2 261 897	2 266 795	2 279 695	2 279 695	2 286 574
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				73 306	244 819	376 198	316 033	344 580	463 932	1 075 486
Interest Income On Bank Deposits								920
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss								920
Interest Paid Classified As Operating Activities								-353 847	-468 372	-1 079 923
Interest Payable Similar Charges Finance Costs				73 306	271 606	448 252	320 380	353 847	468 372	1 079 923
Interest Received Classified As Investing Activities						-474	-2 633	-15 377
Investments Fixed Assets						151	151	151	151	151
Investments In Subsidiaries						151	151	151	151	151
Net Cash Flows From Used In Financing Activities					-632 847	71 388	280 560	420 000
Net Cash Flows From Used In Investing Activities					49 037	111 404	327 946	263 715
Net Cash Flows From Used In Operating Activities					7 430 738	-317 936	-1 492 837	2 099 345
Net Cash Generated From Operations					7 217 949	-759 990	-1 986 415	1 594 070	4 839 283	-3 348 783
Net Current Assets Liabilities	5 959 452	5 671 972	4 720 828	5 118 600	7 414 765	7 684 260	7 597 056	8 599 965	17 515 511	32 724 561
Net Finance Income Costs						474	2 633	15 377
Net Interest Paid Received Classified As Operating Activities				-73 306	-271 606	-448 252	-320 380	-353 847
Number Shares Issued Fully Paid					300
Operating Profit Loss	865 857	1 023 451	-1 144 117	240 755	1 873 517	770 701	532 471	1 965 929	11 385 212	20 857 944
Other Creditors				51 763	115 018	2 024	1 587	1 366	46 722	203 754
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					143 984		9 609		59 330
Other Disposals Property Plant Equipment					227 801		20 350		175 991
Other Interest Expense					26 787	66 211
Other Interest Income						474	2 633	14 457
Other Interest Receivable Similar Income Finance Income						474	2 633	15 377
Other Operating Income Format1							47 887	12 806
Other Remaining Borrowings					762 847	826 459	545 899	545 899	545 899	545 899
Other Taxation Social Security Payable				126 181	123 355	436 579	332 386	949 445	3 964 760	8 397 018
Par Value Share		1	1		1
Pension Other Post-employment Benefit Costs Other Pension Costs					9 470	2 646	4 803	6 065	6 216	12 648
Percentage Class Share Held In Subsidiary					100	100	100	100	100	100
Prepayments Accrued Income				183 016	16 952	23 223	270 767	164 800	85 842	6 221 408
Proceeds From Sales Property Plant Equipment							-5 761		1
Profit Loss				165 127	1 399 134	206 600	158 109	1 296 944	8 779 627	15 953 089
Profit Loss On Ordinary Activities Before Tax	310 328	470 333	-1 521 287	167 449	1 601 911	322 923	214 724	1 627 459	10 916 840	19 778 021
Property Plant Equipment Gross Cost				237 892	59 127	165 956	255 862	269 174	211 976	848 291
Provisions For Liabilities Balance Sheet Subtotal				11 994	164	4 793	18 315
Purchase Intangible Assets						-4 898	-12 900		-6 879
Purchase Property Plant Equipment				-22 407	-49 037	-106 829	-110 256	-13 312	-118 793	-636 315
Repayments Borrowings Classified As Financing Activities					762 847	63 612	-280 560
Revenue From Commissions							12 614
Social Security Costs	25 839	25 654	29 701	16 597	21 847	25 063	27 267	27 896	40 548	279 313
Staff Costs Employee Benefits Expense				160 506	249 378	298 359	312 704	336 724	496 051	2 362 147
Taxation Including Deferred Taxation Balance Sheet Subtotal				11 994	164	4 793	18 315	16 928	29 310	157 877
Tax Decrease From Utilisation Tax Losses				57 823	157 152
Tax Expense Credit Applicable Tax Rate					305 723	61 355	40 798	309 217	2 074 200	3 757 824
Tax Increase Decrease From Effect Capital Allowances Depreciation				-5 324	-6 409	-7 890	-15 395	-2 951	-1 028	-66 686
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				26 656	16 399	7 767	-6 547	2 891	5 663	5 227
Tax Tax Credit On Profit Or Loss On Ordinary Activities				2 322	202 777	116 323	56 615	330 515	2 137 213	3 824 932
Total Assets Less Current Liabilities	7 669 083	7 135 326	5 947 489	5 972 294	7 992 445	8 132 286	8 023 357	8 898 914	17 690 923	33 372 579
Total Borrowings				4 426 116	17 811 959	17 252 574	13 116 994	17 588 814	21 575 925	20 487 509
Total Current Tax Expense Credit					214 607	111 694	43 093	331 902	2 124 831
Total Operating Lease Payments				37 256	34 516	84 057	86 705	62 945	59 457	126 170
Trade Creditors Trade Payables				5 936 751	3 165 292	3 013 970	4 473 290	5 675 380	10 598 820	12 036 218
Trade Debtors Trade Receivables				3 004 769	1 927 113	3 841 197	4 833 072	4 149 133	15 673 236	24 772 977
Turnover Revenue				24 430 606	61 496 090	83 844 657	73 110 991	76 193 050	122 222 695	406 640 017
Wages Salaries	217 395	221 941	264 726	143 909	218 061	270 650	280 634	302 763	449 287	2 070 186
Company Contributions To Defined Benefit Plans Directors					9 000	1 478	2 547	2 626	1 980	2 642
Director Remuneration							155 167	120 833	123 333	244 167
Director Remuneration Benefits Including Payments To Third Parties	137 626	139 482	141 717		151 842	165 061	157 714	123 459	125 313	246 809
Accruals Deferred Income Within One Year	1 581 165	109 716	69 913
Adjustment For Prior Periods Leading To An Increase Decrease In Tax Charge			9 473
Amortisation Intangible Assets Expense	227 322	227 323	227 323
Amounts Owed To Parent Undertaking Within One Year	72 855
Amounts Written Off Back Investments	100
Cash Flow Outflow Before Management Liquid Resources Financing	2 181 162	8 278 476	485 660
Cash Flow Outflow From Operating Activities	1 392 669	8 890 393
Corporation Tax Due Within One Year	245 031	491 016	245 974
Corporation Tax Recoverable Current Asset			58 815
Creditors Due After One Year	6 575 487	5 872 680
Creditors Due Within One Year	22 846 319	13 115 163	6 387 867
Depreciation Tangible Fixed Assets Expense	33 089	22 256	13 292
Difference Between Accumulated Depreciation Amortisation Capital Allowances	14 822	9 495	9 495
Expenses Not Deductible For Tax Purposes	15 833	6 255
Foreign Currency Translation Gain Loss Recognised In Profit Loss	-46 062	1 715 174	-1 496 082
Increase Decrease In Net Cash For Period	2 679 507	4 476 777	230 301
Increase Decrease In U K Corporation Tax Arising From Adjustment For Prior Periods			9 473
Intangible Fixed Assets Aggregate Amortisation Impairment	673 134	900 457	1 127 780
Intangible Fixed Assets Amortisation Charged In Period		227 323	227 323
Intangible Fixed Assets Cost Or Valuation		2 261 897	2 261 897
Interest Payable Similar Charges	516 172	553 944	377 878
Interest Receivable On Short-term Investments Loans Deposits	1 598	826	708
Land Buildings Operating Leases Expiring After Five Years	-80 000	-80 000	-80 000
Loans From Directors	132 269	57 661	88
Net Assets Liability Excluding Pension Asset Liability	1 078 774	1 253 151	5 937 994
Net Debt Funds	15 335 340	7 056 665	2 117 502
Net Increase Decrease In Shareholders Funds	57 990	174 377	4 684 843
Number Shares Allotted		200	300
Obligations Under Finance Leases Hire Purchase Contracts Between Two To Five Years		-5 872 680
Other Creditors Due Within One Year	3 792 828	636 320	287 670
Other Interest Receivable	15 419
Other Interest Receivable Similar Income	17 017	826	708
Other Taxation Social Security Within One Year	6 960	7 511	10 107
Percentage Subsidiary Held		100
Prepayments Accrued Income Current Asset	2 384	37 817	11 901
Profit Loss For Period	157 990	316 178	-1 471 945
Profit Loss On Ordinary Activities Before Finance Charges Interest	809 583	1 023 451
Provisions Charged Credited To Profit Loss Account During Period		5 327
Provisions For Liabilities Charges	14 822	9 495	9 495
Share Capital Allotted Called Up Paid	1	200	300
Share Premium Account			6 346 688
Share-related Awards Increase Decrease In Share Premium Account			6 346 688
Short-term Borrowing Charges Including Bank Interest	205 158	193 394	226 042
Staff Costs	243 234	247 595	294 427
Tangible Fixed Assets Additions		3 302	3 922
Tangible Fixed Assets Cost Or Valuation	198 147	201 449	205 371
Tangible Fixed Assets Depreciation	77 279	99 535	112 827
Tangible Fixed Assets Depreciation Charged In Period		22 256	13 292
Taxation Expense Credit		86 503	254 515
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	-73 703	-105 825
Tax On Profit Or Loss On Ordinary Activities	152 338	154 155	-49 342
Total Dividend Payment	100 000	142 000	190 000
Total U K Foreign Current Tax After Adjustments Relief	141 786	159 482	-49 342
Trade Creditors Within One Year	4 352 851	5 573 318	3 522 650
Turnover Gross Operating Revenue	47 669 574	33 685 863	37 069 193
U K Current Corporation Tax	-141 786	-159 482	49 342
U K Current Corporation Tax On Income For Period	141 786	159 482	-58 815
Utilisation Tax Losses			58 815