Foremost Magnets Limited in Banbury, OX16 9UX

Description

Data updated on: 01-11-2023

Foremost Magnets Limited can be reached at Banbury at Unit 9A Vantage Business Park. Anyone can find this business by its post code - OX16 9UX. The enterprise has been in the field on the English market for eighteen years. This company is registered under the number 05711212 and company's state is active. The company's declared SIC number is 32990 and their NACE code stands for Other manufacturing n.e.c.. Its latest accounts were submitted for the period up to 2022-02-28 and the most current annual confirmation statement was filed on 2023-02-15.

According to the latest data, this specific company is the workplace of 1 director: Lee W., who was appointed on 2006-03-23. For four years Robin B., had performed assigned duties for the following company up to the moment of the resignation fourteen years ago. What is more a different director, including Jonathan S. quit on 2009-06-23.

Lee W. is the individual who has control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-02-28	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28	2023-02-28
Currency
Net Worth	337 334	399 501

Balance Sheet
Cash Bank On Hand		61 940	36 880	58 991	14 811	358 011	503 028	201 944	247 097
Current Assets	244 275	278 282	283 028	263 388	218 246	622 422	777 359	455 731	533 847
Debtors	161 735	165 142	193 393	121 463	157 896	208 184	208 202	80 000	19 000
Net Assets Liabilities		399 501	319 640	355 601	391 875	668 743	958 803	1 013 501	1 046 131
Other Debtors		13 244	11 867	6 310				7 050
Property Plant Equipment		622 202	613 629	603 264	578 965	604 468	611 169	567 583	569 177
Total Inventories		51 200	52 755	82 934	45 539	56 227	66 129	65 987	76 485
Cash Bank In Hand	52 803	61 940
Net Assets Liabilities Including Pension Asset Liability	337 334	399 501
Stocks Inventory	29 737	51 200
Tangible Fixed Assets	616 189	622 202

Capital & Reserves
Called Up Share Capital	208	208
Profit Loss Account Reserve	322 134	384 301
Shareholder Funds	337 334	399 501

Other Financial Data
Accrued Liabilities				5 440	6 813	4 498	4 124	4 326	4 713
Accumulated Depreciation Impairment Property Plant Equipment		148 871	203 138	246 520	260 750	302 655	366 817	417 063	443 046
Additions Other Than Through Business Combinations Investment Property Fair Value Model							208 866	6 333
Additions Other Than Through Business Combinations Property Plant Equipment					38 336	94 874	75 833	6 660	57 505
Amounts Owed By Related Parties					17 068	15 953	31 008	80 000	19 000
Amounts Owed To Related Parties				2 530
Average Number Employees During Period			18	14	12	12	12	12	11
Bank Borrowings		277 242	316 366	287 311	227 354	197 202	175 911	155 567	134 104
Creditors		285 089	297 192	263 039	234 712	208 768	182 138	156 812	134 104
Disposals Decrease In Depreciation Impairment Property Plant Equipment					-35 017	-16 555	-99		-26 868
Disposals Property Plant Equipment					-48 405	-27 466	-4 970		-29 928
Dividend Per Share Interim				45	53	80	27	78	85
Dividends Paid On Shares Interim							48 000	69 120	75 000
Finance Lease Liabilities Present Value Total		22 529	9 711	6 231	7 442	11 566	6 227	4 981	1 245
Financial Commitments Other Than Capital Commitments				6 754	122 829	95 085	59 525
Fixed Assets	616 689	622 802	613 729	603 364	579 040	604 543	820 110	862 857	803 451
Future Minimum Lease Payments Under Non-cancellable Operating Leases							59 525	23 964
Increase From Depreciation Charge For Year Property Plant Equipment			54 267	43 382	49 247	58 460	64 261	50 246	52 851
Investment Property							208 866	215 199	215 199
Investment Property Fair Value Model							208 866	215 199	215 199
Investments Fixed Assets	500	600	100	100	75	75	75	75	75
Investments In Subsidiaries				100	75	75	75	75	75
Minimum Operating Lease Payments Recognised As Expense							35 561	35 561	34 717
Net Current Assets Liabilities	52 542	90 432	32 643	47 701	71 187	301 687	353 697	334 562	411 080
Nominal Value Allotted Share Capital				188	188	188	177	177	177
Number Shares Issued Fully Paid				1 877	1 877	1 877	1 773	1 773	1 773
Other Creditors		7 558	60 355	8 921	3 492	7 172	4 066	6 791	7 395
Par Value Share					0	0	0	0	0
Percentage Class Share Held In Subsidiary				100	100	75	75	75	75
Prepayments				6 309	7 408	7 666	8 517	2 521	4 286
Property Plant Equipment Gross Cost		771 073	816 767	849 784	839 715	907 123	977 986	984 646	1 012 223
Provisions For Liabilities Balance Sheet Subtotal		28 644	29 540	32 425	23 640	28 719	32 866	27 106	34 296
Raw Materials Consumables				82 934	45 539	56 227	66 129	65 987	76 485
Taxation Social Security Payable				54 202	57 683	177 553	324 540	52 213	44 659
Total Assets Less Current Liabilities	669 231	713 234	646 372	651 065	650 227	906 230	1 173 807	1 197 419	1 214 531
Total Borrowings		323 766	338 895	297 022	234 712	208 768	182 138	156 812	134 104
Trade Creditors Trade Payables		84 428	86 700	118 580	42 645	88 963	64 302	32 513	43 292
Trade Debtors Trade Receivables		119 275	176 603	115 153	133 420	184 565	168 677	166 527	94 446
Company Contributions To Money Purchase Plans Directors						80 000	80 000		80 000
Director Remuneration				11 612	11 738	11 829	11 890	11 900	9 760
Number Directors Accruing Benefits Under Money Purchase Scheme						1	1	1	1
Accounting Period Subsidiary		2 016
Amounts Owed By Joint Ventures		32 623	4 923
Bank Borrowings Overdrafts		262 560	287 481	256 808
Creditors Due After One Year	308 003	285 089
Creditors Due Within One Year	191 733	187 850
Dividends Paid			24 000	42 000
Investments In Associates		500	-500
Investments In Group Undertakings		100	100	100
Other Taxation Social Security Payable		57 187	61 627	54 203
Profit Loss			-484	77 961
Provisions For Liabilities Charges	23 894	28 644
Secured Debts	350 650	323 766
Share Premium Account	14 992	14 992
Tangible Fixed Assets Additions		60 698
Tangible Fixed Assets Cost Or Valuation	719 640	771 073
Tangible Fixed Assets Depreciation	103 451	148 871
Tangible Fixed Assets Depreciation Charged In Period		50 792
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		5 372
Tangible Fixed Assets Disposals		9 265
Total Additions Including From Business Combinations Property Plant Equipment			45 694	33 017

Company staff

Lee W.

Role: Director

Appointed: 23 March 2006

Latest update: 18 February 2024

Robin B.

Role: Director

Appointed: 23 March 2006

Resigned: 03 December 2010

Latest update: 18 February 2024

Sarah F.

Role: Secretary

Appointed: 15 February 2006

Resigned: 01 August 2017

Latest update: 18 February 2024

Jonathan S.

Role: Director

Appointed: 15 February 2006

Resigned: 23 June 2009

Latest update: 18 February 2024

People with significant control

Lee W.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Accounts Documents

Account next due date	30 November 2023
Account last made up date	28 February 2022
Confirmation statement next due date	29 February 2024
Confirmation statement last made up date	15 February 2023

Annual Accounts
Start Date For Period Covered By Report	01 March 2015
End Date For Period Covered By Report	29 February 2016
Annual Accounts
Start Date For Period Covered By Report	01 March 2016
Annual Accounts
Start Date For Period Covered By Report	01 March 2017
End Date For Period Covered By Report	28 February 2018
Annual Accounts
Start Date For Period Covered By Report	01 March 2017
End Date For Period Covered By Report	28 February 2018
Annual Accounts
Start Date For Period Covered By Report	01 March 2017
End Date For Period Covered By Report	28 February 2018
Annual Accounts
Start Date For Period Covered By Report	01 March 2017
End Date For Period Covered By Report	28 February 2018
Annual Accounts
Start Date For Period Covered By Report	01 March 2017
End Date For Period Covered By Report	28 February 2018
Annual Accounts
Start Date For Period Covered By Report	01 March 2017
End Date For Period Covered By Report	28 February 2018
Annual Accounts
End Date For Period Covered By Report	28 February 2017
Annual Accounts 15 September 2016
Date Approval Accounts	15 September 2016

Foremost Magnets Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Lee W.

Robin B.

Sarah F.

Jonathan S.

People with significant control

Lee W.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address,
2016

Address:

Post code:

City / Town:

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Foremost Magnets Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Lee W.

Robin B.

Sarah F.

Jonathan S.

People with significant control

Lee W.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address, 2016

Address:

Post code:

City / Town:

Search other companies

Services (by SIC Code)

Company Age

Closest Companies - by postcode

HQ address,
2016