M&E Global Resources Limited in Belbroughton, DY9 9AF

Description

Data updated on: 01-11-2023

2010 is the date that marks the founding of M&E Global Resources Limited, a firm registered at 7 Mill Pool, Nash Lane, Belbroughton. This means it's been 14 years M&E Global Resources has been in the UK, as the company was started on 2010-06-16. The company's Companies House Reg No. is 07286894 and the area code is DY9 9AF. Started as M & E Global Resources, this firm used the name until 2022, when it was changed to M&E Global Resources Limited. This company's registered with SIC code 78200 which stands for Temporary employment agency activities. M&E Global Resources Ltd filed its account information for the period up to 2022-12-31. The business latest annual confirmation statement was filed on 2023-06-16.

Our database detailing this particular company's management shows us there are two directors: Gordon W. and Stephen P. who were appointed on 2014-12-18 and 2011-11-11. To find professional help with legal documentation, this company has been utilizing the expertise of Stephen P. as a secretary since the appointment on 2010-06-16.

Previous company's names
M&E Global Resources Limited 2022-03-10
M & E Global Resources Limited 2010-06-16

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-09-30	2013-09-30	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	-42 286	-28 523

Balance Sheet
Cash Bank On Hand			1 871 173	1 111 589	4 329 438	4 340 535
Current Assets	48 414	6 427	8 147 497	10 494 797	11 947 404	17 736 180
Debtors	6 825	5 948	6 276 324	9 383 208	7 617 966	13 395 645
Net Assets Liabilities			3 218 615	3 289 195	4 038 283	7 026 842
Other Debtors			754 056	140 391	53 045	30 358
Property Plant Equipment			28 014	22 068	22 580	15 777
Cash Bank In Hand	41 589	479

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	-42 386	-28 623
Shareholder Funds	-42 286	-28 523

Other Financial Data
Estimated Money Value Benefits In Kind For Audit Services			14 500	15 000	15 750	19 800
Estimated Money Value Benefits In Kind For Non-audit Services			3 000	3 750	3 940	6 500
Total Fees To Auditors			20 600	21 950	23 050	32 300
Accumulated Amortisation Impairment Intangible Assets			171 514		171 514
Accumulated Depreciation Impairment Property Plant Equipment			39 831	51 091	62 743	74 085
Additions Other Than Through Business Combinations Property Plant Equipment				5 314		4 539
Administration Support Average Number Employees			21	25	26	27
Administrative Expenses			1 902 140	3 889 359	2 473 882	3 447 012
Amortisation Expense Intangible Assets			17 151
Amounts Owed By Related Parties			393 344	123 551	21 420	31
Amounts Owed To Related Parties			2 644 262	4 618 431	4 894 341	5 070 524
Applicable Tax Rate			19	19	19	19
Average Number Employees During Period			543	793	815	716
Balances With Banks			1 868 975	1 109 167	4 327 034	4 338 389
Bank Borrowings Overdrafts						-650 726
Cash Cash Equivalents			1 871 173	1 111 589	4 329 438	4 340 535
Cash On Hand			2 198	2 422	2 404	2 146
Cost Sales			31 626 165	44 267 228	35 996 267	47 788 444
Creditors			4 956 896	7 227 670	7 931 701	10 722 384
Current Tax For Period			933 560	706 722	477 269	1 111 456
Deferred Tax Asset Debtors			3 112	2 674	5 136
Deferred Tax Assets			3 112	2 674
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws			223	-366
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			-1 908	804	-1 617	7 205
Deferred Tax Liabilities					5 136	-2 731
Depreciation Expense Property Plant Equipment			6 979	11 260	11 652	11 342
Dividend Declared Payable			2 539 040	2 916 725	1 276 925	1 773 191
Dividends Paid			-2 539 040	-2 916 725	-1 276 925	-1 773 191
Fixed Assets					22 580	15 777
Future Minimum Lease Payments Under Non-cancellable Operating Leases			121 976	81 886	57 488	15 988
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss			-556 555	-671 979	133 013	-1 613 133
Government Grant Income				254 097
Gross Amount Due From Customers For Construction Contract Work As Asset					73 513	1 425 181
Gross Profit Loss			6 801 664	7 351 851	4 932 996	9 250 806
Increase Decrease In Current Tax From Adjustment For Prior Periods						483
Increase From Depreciation Charge For Year Property Plant Equipment				11 260		11 342
Intangible Assets Gross Cost			171 514		171 514
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings			14 519	19 201	20 094
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss				2 923	17 201	4 486
Interest Income On Bank Deposits			99			2 419
Interest Payable Similar Charges Finance Costs			14 519	22 124	37 295	4 486
Minimum Operating Lease Payments Recognised As Expense			40 593	40 210	40 222	41 620
Net Current Assets Liabilities	-42 286	-28 523	3 190 601	3 267 127	4 015 703	7 013 796
Number Shares Issued Fully Paid			135 100	135 100	135 100	135 100
Operating Profit Loss			4 899 524	3 716 589	2 538 115	5 883 623
Other Creditors			88 630	150 886	581 387	1 002 448
Other Departments Average Number Employees			522	768	789	689
Other Interest Receivable Similar Income Finance Income			99			2 419
Other Operating Income Format1				254 097	79 001	79 829
Other Payables Accrued Expenses			1 087 763	749 448	1 095 455	2 664 049
Other Remaining Operating Income					79 001	79 829
Par Value Share		1		1		1
Prepayments			401 797	1 800 510	1 130 389	2 730 558
Profit Loss			3 953 452	2 987 305	2 026 013	4 761 750
Profit Loss On Ordinary Activities Before Tax			4 885 104	3 694 465	2 500 820	5 881 556
Property Plant Equipment Gross Cost			67 845	73 159	85 323	89 862
Provisions For Liabilities Balance Sheet Subtotal						2 731
Revenue From Rendering Services			38 427 829	51 619 079	40 929 263	57 039 250
Taxation Social Security Payable			560 345	298 190	309 247	383 037
Tax Expense Credit Applicable Tax Rate			928 170	701 948	475 156	1 117 496
Tax Increase Decrease From Effect Capital Allowances Depreciation			3 259
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				5 589
Tax Increase Decrease From Other Tax Effects Tax Reconciliation				-11
Tax Tax Credit On Profit Or Loss On Ordinary Activities			931 652	707 160	474 807	1 119 806
Total Assets Less Current Liabilities	-42 286	-28 523			4 038 283	7 029 573
Total Borrowings						650 726
Total Deferred Tax Expense Credit			-1 908	438	-2 462	7 867
Total Operating Lease Payments			38 500	38 500	38 500	38 500
Trade Creditors Trade Payables			207 609	1 402 847	981 419	945 806
Trade Debtors Trade Receivables			4 724 015	7 102 805	6 334 463	8 883 591
Turnover Revenue			38 427 829	51 619 079	40 929 263	57 039 250
Unpaid Contributions To Pension Schemes			6 925	7 868	5 860	5 794
Company Contributions To Money Purchase Plans Directors			38 900	34 600	43 450	6 000
Director Remuneration			345 519	361 426	354 994	353 272
Number Directors Accruing Benefits Under Money Purchase Scheme			2	2	2	2
Salaries Directors			306 619	326 826	311 544	347 272
Creditors Due Within One Year	90 700	34 950
Number Shares Allotted		100
Share Capital Allotted Called Up Paid	100	100