Magnetic Business Development Ltd in Eastbourne, BN23 6FA

Description

Data updated on: 01-11-2023

The Magnetic Business Development Ltd firm has been in this business for 19 years, having started in 2005. Started with Registered No. 05588053, Magnetic Business Development is a Private Limited Company with office in Pacific House Sovereign Harbour Innovation Park, Eastbourne BN23 6FA. This company is recognized as Magnetic Business Development Ltd. However, it also was listed as Gel Business Development up till the name was changed eight years from now. This enterprise's principal business activity number is 70229 and their NACE code stands for Management consultancy activities other than financial management. Magnetic Business Development Limited released its latest accounts for the period that ended on 2022/10/31. Its most recent confirmation statement was released on 2023/10/10.

Ebony V. is this enterprise's solitary director, that was assigned this position in 2005 in October.

Ebony V. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Previous company's names
Magnetic Business Development Ltd 2016-03-17
Gel Business Development Ltd. 2005-10-10

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-10-31	2020-10-31	2021-10-31	2022-10-31
Currency

Balance Sheet
Cash Bank On Hand	131 251	206 599	242 312	358 937
Current Assets	182 848	288 632	340 845	438 243
Debtors	51 597	82 033	98 533	79 306
Net Assets Liabilities			271 440	362 469
Other Debtors	19 589	35 616	39 835	444
Property Plant Equipment	9 478	10 117	9 749	25 455

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	21 565	30 506	37 771	46 609
Average Number Employees During Period	5	5	5	5
Corporation Tax Payable	27 248	32 892	43 907	32 946
Creditors	52 537	62 499	79 154	97 396
Increase From Depreciation Charge For Year Property Plant Equipment		8 941	7 265	8 838
Net Current Assets Liabilities	130 311	226 133	261 691	340 847
Other Creditors	6 832	2 354	3 368	35 127
Other Taxation Social Security Payable	18 457	23 540	28 204	28 469
Property Plant Equipment Gross Cost	31 043	40 623	47 520	72 064
Provisions For Liabilities Balance Sheet Subtotal				3 833
Total Additions Including From Business Combinations Property Plant Equipment		9 580	6 897	24 544
Total Assets Less Current Liabilities	139 789	236 250	271 440	366 302
Trade Creditors Trade Payables		3 713	3 675	854
Trade Debtors Trade Receivables	32 008	46 417	58 698	78 862

Company staff

Ebony V.

Role: Director

Appointed: 10 October 2005

Latest update: 28 March 2024

People with significant control

Ebony V.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 July 2024
Account last made up date	31 October 2022
Confirmation statement next due date	24 October 2024
Confirmation statement last made up date	10 October 2023

Annual Accounts
Start Date For Period Covered By Report	1 November 2016
End Date For Period Covered By Report	31 October 2017
Annual Accounts
Start Date For Period Covered By Report	1 November 2017
End Date For Period Covered By Report	31 October 2018
Annual Accounts
Start Date For Period Covered By Report	1 November 2018
End Date For Period Covered By Report	31 October 2019
Annual Accounts
Start Date For Period Covered By Report	2019-11-01
End Date For Period Covered By Report	2020-10-31
Annual Accounts
Start Date For Period Covered By Report	2020-11-01
End Date For Period Covered By Report	2021-10-31
Annual Accounts
Start Date For Period Covered By Report	2021-11-01
End Date For Period Covered By Report	2022-10-31

Magnetic Business Development Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Ebony V.

Michael C.

People with significant control

Ebony V.

Accounts Documents

Company filings

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