Ligo Electronics Limited in Newcastle, NE1 1EE

Description

Data updated on: 01-11-2023

This particular Ligo Electronics Limited business has been on the market for at least 21 years, as it's been founded in 2003. Started with Companies House Reg No. 04940332, Ligo Electronics is a Private Limited Company with office in 30 C/o Aberdein Considine, Newcastle NE1 1EE. The company's declared SIC number is 47429 meaning Retail sale of telecommunications equipment other than mobile telephones. 2022-04-30 is the last time company accounts were reported.

That limited company owes its success and constant growth to a team of two directors, namely Mairead B. and David B., who have been supervising the firm since 2018-11-28.

The companies with significant control over this firm include: Carleton Holdings Limited owns over 3/4 of company shares. This business can be reached in Glasgow at Bath Street, G2 4HG and was registered as a PSC under the reg no Sc593298.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-10-31	2015-04-30	2016-04-30	2017-04-30	2018-04-30	2018-10-31	2020-04-30	2021-04-30	2022-04-30	2023-04-30
Currency
Net Worth	1 605 132	1 433 388	1 478 801

Balance Sheet
Cash Bank In Hand	1 336 805	1 160 674	168 668
Cash Bank On Hand			168 668	109 152	210 313	735 737	941 011	629 111	448 700	570 054
Current Assets	4 294 642	3 173 652	2 812 664	3 185 120	2 864 949	3 272 991	4 272 118	3 679 543	4 209 579	3 363 534
Debtors	1 017 405	167 721	1 115 701	1 815 258	1 764 798	1 685 671	2 605 470	754 918	1 279 560	695 903
Net Assets Liabilities							2 536 148	1 018 812	1 586 709	1 142 836
Other Debtors			21 639	50 277	951 566	84 070	60 074	54 217	117 727	64 293
Property Plant Equipment			53 253	32 248	23 504	35 031	100 099	109 355	96 821
Stocks Inventory	1 940 432	1 845 257	1 528 295
Tangible Fixed Assets	34 951	83 331	53 253
Total Inventories			1 528 295	1 260 710	889 838	851 583	725 637	2 295 514	2 481 319	2 097 577

Capital & Reserves
Called Up Share Capital	135	135	135
Profit Loss Account Reserve	1 604 997	1 433 253	1 478 666
Shareholder Funds	1 605 132	1 433 388	1 478 801

Other Financial Data
Amount Specific Advance Or Credit Directors		19 259	82 614	275 034	431 463	588 078
Amount Specific Advance Or Credit Made In Period Directors			101 873	275 420	325 929	162 572	482 827
Amount Specific Advance Or Credit Repaid In Period Directors				83 000	169 500	5 957	1 070 905
Accrued Liabilities			116 024	18 100
Accrued Liabilities Deferred Income						26 100	35 000	229 600	143 476	155 487
Accumulated Depreciation Impairment Property Plant Equipment			136 547	166 992	192 197	195 706	204 288	218 070	235 323	251 369
Amounts Owed By Group Undertakings			677 462	1 221 635	599 542	509 113	2 303 957	250 000	803 583	140 558
Amounts Owed To Group Undertakings								20 425	20 425	20 425
Average Number Employees During Period					12	12	13	16	15	15
Bank Borrowings								80 208	137 500	57 292
Bank Borrowings Overdrafts								469 792	332 292	194 792
Corporation Tax Payable			75 467	53 161		99 519	285 070	296 683	382 279	207 939
Creditors			1 387 116	1 729 865	1 458 135	1 654 189	1 836 069	469 792	332 292	194 792
Creditors Due Within One Year	2 724 461	1 823 595	1 387 116
Debtors Due After One Year	-24 846
Deferred Tax Asset Debtors			3 565	3 565		3 565	3 565	3 565	3 565	3 565
Dividends Paid				83 000
Future Minimum Lease Payments Under Non-cancellable Operating Leases					27 000	6 000		30 000	30 000	120 000
Increase From Depreciation Charge For Year Property Plant Equipment				30 445		3 509	8 582	13 782	17 253	16 046
Net Current Assets Liabilities	1 570 181	1 350 057	1 425 548	1 455 255	1 406 814	1 618 802	2 436 049	1 379 249	1 822 180	1 241 726
Number Shares Allotted		135	135
Number Shares Issued Fully Paid				135
Other Creditors			15 149	10 168	88 262	83 059	135 610	34 313	25 976	48 986
Other Taxation Social Security Payable			5 022	5 276	123 805	2 258	3 886	3 444	6 313	4 112
Par Value Share		1	1	1
Prepayments Accrued Income			73 715	101 742		387 785	25 611	157 600	38 145	126 972
Profit Loss				91 702
Property Plant Equipment Gross Cost			189 800	199 240	215 701	230 737	304 387	327 425	332 144	347 271
Recoverable Value-added Tax			54 745
Share Capital Allotted Called Up Paid	135	135	135
Tangible Fixed Assets Additions		89 203	3 698
Tangible Fixed Assets Cost Or Valuation	116 740	196 674	189 800
Tangible Fixed Assets Depreciation	81 789	113 343	136 547
Tangible Fixed Assets Depreciation Charged In Period		38 182	30 393
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		6 628	7 189
Tangible Fixed Assets Disposals		9 269	10 572
Total Additions Including From Business Combinations Property Plant Equipment				9 440		15 036	73 650	23 038	4 719	15 127
Total Assets Less Current Liabilities	1 605 132	1 433 388	1 478 801	1 487 503	1 430 318	1 653 833	2 536 148	1 488 604	1 919 001	1 337 628
Trade Creditors Trade Payables			1 175 454	1 417 182	1 246 068	1 370 712	1 047 521	1 536 068	1 660 008	1 418 160
Trade Debtors Trade Receivables			201 961	163 005	213 690	113 060	212 263	289 536	316 540	360 515
Advances Credits Directors	7 634	482	82 614
Advances Credits Made In Period Directors		91 527
Advances Credits Repaid In Period Directors		98 679