J.m.g. Systems Ltd in Co Tyrone, BT78 5ED

Description

Data updated on: 01-11-2023

NI041081 is a reg. no. assigned to J.m.g. Systems Ltd. It was registered as a Private Limited Company on 2001/06/27. It has been on the British market for twenty three years. This business can be contacted at 66 Derry Road Omagh in Co Tyrone. The company's zip code assigned to this address is BT78 5ED. This enterprise's Standard Industrial Classification Code is 27900 which means Manufacture of other electrical equipment. J.m.g. Systems Limited released its account information for the period up to 2022-09-30. The latest annual confirmation statement was submitted on 2023-05-04.

When it comes to the business, most of director's responsibilities up till now have been fulfilled by Joann M., Moya M. and Joseph M.. Amongst these three individuals, Moya M. has administered business for the longest time, having become a vital addition to officers' team twenty three years ago. Additionally, the director's assignments are often helped with by a secretary - Claire G., who was chosen by this business in October 2019.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30
Currency

Balance Sheet
Cash Bank On Hand	424 336	242 195	1 310 489	2 226 282	2 341 402
Current Assets	3 650 741	3 974 628	3 876 168	5 800 158	6 382 710
Debtors	2 473 892	2 764 193	1 771 377	2 555 820	2 765 470
Net Assets Liabilities	3 886 470	3 591 675	3 752 192	4 761 569	5 468 229
Other Debtors	51 510	1 454	676	582	1 133
Property Plant Equipment	1 802 171	1 680 930	1 607 854	1 667 875	1 986 623
Total Inventories	752 513	968 240	794 302	1 018 056	1 275 838

Other Financial Data
Audit Fees Expenses	7 000	7 000	7 000	7 000	8 250
Accrued Liabilities Deferred Income	199 705	185 765	215 454	428 345	372 936
Accumulated Depreciation Impairment Property Plant Equipment	1 352 916	1 491 985	1 609 780	1 745 421	1 894 315
Additions Other Than Through Business Combinations Property Plant Equipment		17 828		195 662	492 403
Administrative Expenses	2 671 024	2 171 659	2 176 675	1 695 907	1 905 428
Amounts Owed By Group Undertakings	328 470	2	2	2
Amounts Owed To Group Undertakings					150 000
Average Number Employees During Period	125	127	129	99	103
Cash Cash Equivalents Cash Flow Value	424 336	242 195	1 310 489	2 226 282	2 341 402
Corporation Tax Payable			5 813	204 732	47 973
Corporation Tax Recoverable	62 281
Cost Sales	5 940 447	6 983 533	4 994 224	6 119 445	7 104 330
Creditors	1 477 325	1 943 922	1 525 820	432 324	355 721
Current Tax For Period			5 659	89 348	47 973
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period	-80 762	30 844
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-80 762	30 844	48 067	28 159	76 385
Depreciation Expense Property Plant Equipment	206 968	139 069	129 935	135 641	173 214
Depreciation Impairment Expense Property Plant Equipment		139 069	129 935	135 641	173 214
Dividends Paid				80 000	150 000
Dividends Paid Classified As Financing Activities				-80 000	-150 000
Dividends Paid On Shares Final				80 000	150 000
Finished Goods Goods For Resale	40 299	29 766	36 221	54 142	16 801
Fixed Assets	1 840 153	1 718 912
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss		-414 322
Further Item Tax Increase Decrease Component Adjusting Items			48 067	28 159	76 385
Future Minimum Lease Payments Under Non-cancellable Operating Leases	290 207	230 031	191 502	177 411	165 411
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	115 526	-466 597	423 915	-247 556	-325 037
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-191 639	352 582	-992 816	784 443	209 650
Gain Loss In Cash Flows From Change In Inventories	-149 706	215 727	-173 938	223 754	257 782
Gain Loss On Disposals Property Plant Equipment			-2 276		-441
Government Grant Income	72 920	67 987	550 383	87 815	52 034
Gross Profit Loss	2 315 591	2 240 034	1 836 244	2 814 953	2 839 488
Income Taxes Paid Refund Classified As Operating Activities	69 623	62 281	154	109 571	-194 838
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	106 125	182 141
Increase Decrease In Current Tax From Adjustment For Prior Periods	-62 493				-9 894
Increase From Depreciation Charge For Year Property Plant Equipment		139 069		135 641	173 214
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings					15 071
Interest Income On Bank Deposits	36	9	10	18	101
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss	36	9	10	18	101
Interest Payable Similar Charges Finance Costs					15 071
Interest Received Classified As Investing Activities	-36	-9	-10	-18	-101
Investment Property	37 982	37 982
Investment Property Fair Value Model	37 982
Net Cash Flows From Used In Investing Activities	268 338	17 819
Net Cash Flows From Used In Operating Activities	-162 213	164 322	-1 089 437	-691 437	-807 445
Net Cash Generated From Operations	-92 590	226 603	-1 089 283	-581 866	-1 017 354
Net Current Assets Liabilities	2 173 416	2 030 706	2 350 348	3 760 187	4 147 881
Net Finance Income Costs	36	9	10	18	101
Net Interest Paid Received Classified As Operating Activities					-15 071
Operating Profit Loss	-270 513	-263 960	214 233	1 206 866	986 094
Other Creditors	66 871	91 698	85 954	85 901	31 784
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					24 320
Other Disposals Property Plant Equipment					24 761
Other Interest Receivable Similar Income Finance Income	36	9	10	18	101
Other Operating Income Format1	84 920	81 987	554 664	87 820	52 034
Other Remaining Borrowings				500 000	449 977
Other Taxation Social Security Payable	227 811	256 431	396 950	234 378	267 594
Pension Other Post-employment Benefit Costs Other Pension Costs	79 810	127 352	104 578	120 698	126 952
Prepayments Accrued Income	15 461	7 283	203 055	127 026	80 614
Proceeds From Sales Property Plant Equipment			-2 084
Profit Loss	-127 222	-294 795	160 517	1 089 377	856 660
Profit Loss On Ordinary Activities Before Tax	-270 477	-263 951	214 243	1 206 884	971 124
Property Plant Equipment Gross Cost	3 155 087	3 172 915	3 217 634	3 413 296	3 880 938
Provisions For Liabilities Balance Sheet Subtotal	127 099	157 943
Purchase Property Plant Equipment		-17 828	-23 237	-195 662	-492 403
Raw Materials Consumables	643 381	838 247	717 305	869 775	1 115 036
Repayments Borrowings Classified As Financing Activities				500 000	-50 023
Research Development Expense Recognised In Profit Or Loss	742 365	147 322	219 549	116 370	73 927
Social Security Costs	215 227	170 540	191 032	202 133	253 696
Staff Costs Employee Benefits Expense	2 461 591	2 995 221	2 655 119	2 579 998	2 961 374
Taxation Including Deferred Taxation Balance Sheet Subtotal	127 099	157 943	206 010	234 169	310 554
Tax Expense Credit Applicable Tax Rate	-51 391	-50 151	40 706	229 308	184 514
Tax Increase Decrease Arising From Group Relief Tax Reconciliation			-55 690
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit			-4 199	-119 583	-47 374
Tax Increase Decrease From Effect Capital Allowances Depreciation	-4 036	18 324	16 938	-22 241	-90 197
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	1 436	80 402	7 904	1 864	1 030
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward	53 991	-48 575
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-143 255	30 844	53 726	117 507	114 464
Total Assets Less Current Liabilities	4 013 569	3 749 618	3 958 202	5 428 062	6 134 504
Total Borrowings				432 324	355 721
Total Current Tax Expense Credit				89 348	38 079
Total Operating Lease Payments	58 787	50 549	45 197	23 394	20 182
Trade Creditors Trade Payables	982 938	1 410 028	821 649	1 018 939	1 270 286
Trade Debtors Trade Receivables	2 016 170	2 755 454	1 567 644	2 428 210	2 683 723
Turnover Revenue	8 256 038	9 223 567	6 830 468	8 934 398	9 943 818
Wages Salaries	2 166 554	2 697 329	2 359 509	2 257 167	2 580 726
Work In Progress	68 833	100 227	40 776	94 139	144 001
Director Remuneration			115 711	115 711	145 806

Company staff

Claire G.

Role: Secretary

Appointed: 25 October 2019

Latest update: 27 April 2024

Joann M.

Role: Director

Appointed: 01 February 2015

Latest update: 27 April 2024

Moya M.

Role: Director

Appointed: 27 June 2001

Latest update: 27 April 2024

Joseph M.

Role: Director

Appointed: 27 June 2001

Latest update: 27 April 2024

Oonagh A.

Role: Secretary

Appointed: 01 September 2016

Resigned: 24 October 2019

Latest update: 27 April 2024

Maria T.

Role: Secretary

Appointed: 01 February 2015

Resigned: 28 July 2016

Latest update: 27 April 2024

Joann M.

Role: Secretary

Appointed: 27 June 2001

Resigned: 01 February 2015

Latest update: 27 April 2024

People with significant control

The companies with significant control over this firm are as follows: Mcgoldrick Holdings owns over 3/4 of company shares. This business can be reached in Omagh at Derry Road, BT78 5ED and was registered as a PSC under the reg no Ni620336.

Mcgoldrick Holdings

Address: 66-68 Derry Road, Omagh, BT78 5ED, Northern Ireland

Legal authority Companies Act 2006

Legal form Private Limited Company

Country registered Northern Ireland

Place registered Northern Ireland

Registration number Ni620336

Notified on 22 May 2017

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	30 June 2024
Account last made up date	30 September 2022
Confirmation statement next due date	18 May 2024
Confirmation statement last made up date	04 May 2023

Annual Accounts
Start Date For Period Covered By Report	2018-10-01
End Date For Period Covered By Report	2019-09-30
Annual Accounts
Start Date For Period Covered By Report	2020-10-01
End Date For Period Covered By Report	2021-09-30
Annual Accounts
Start Date For Period Covered By Report	2021-10-01
End Date For Period Covered By Report	2022-09-30

J.m.g. Systems Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Claire G.

Joann M.

Moya M.

Joseph M.

Oonagh A.

Maria T.

Joann M.

People with significant control

Mcgoldrick Holdings

Accounts Documents

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