M G Electrics (UK) Ltd in County Durham, DL16 6AW

Description

Data updated on: 01-11-2023

This particular M G Electrics (UK) Ltd firm has been on the market for twenty years, having started in 2004. Registered under the number 05132308, M G Electrics (UK) was set up as a Private Limited Company located in 16 North Street, County Durham DL16 6AW. The firm's SIC code is 35140 and has the NACE code: Trade of electricity. M G Electrics (UK) Limited reported its latest accounts for the period that ended on 2022/06/30. The company's latest confirmation statement was filed on 2023/05/19.

Martyn W. is this company's solitary director, who was assigned to lead the company in 2004. Moreover, the managing director's efforts are constantly aided with by a secretary - Gillian W., who was appointed by this specific company in 2004.

Executives who control the firm include: Gillian W. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Martyn W. owns over 1/2 to 3/4 of company shares .

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency
Net Worth	1 443	569	6 191

Balance Sheet
Cash Bank In Hand	3	1 363	315
Cash Bank On Hand			315	65	65	66	17 795	14 559	4 146	938
Current Assets	115 176	141 694	140 440	126 373	122 862	88 848	122 496	162 120	168 569	153 638
Debtors	110 797	64 308	94 461	78 208	100 887	70 407	99 356	131 522	147 129	148 235
Net Assets Liabilities			6 191	197	610	194	271	483	152	296
Net Assets Liabilities Including Pension Asset Liability	1 443	569	6 191
Other Debtors				10 159	3 302	12 693	82 971	98 989	86 500	79 414
Property Plant Equipment			8 824	12 431	7 637	6 100	4 044	2 263	1 425	2 246
Stocks Inventory	4 376	76 023	45 664
Tangible Fixed Assets	40 886	25 291	8 824
Total Inventories			45 664	48 100	21 910	18 375	5 345	16 039	17 294	4 465

Capital & Reserves
Called Up Share Capital	100	100	100
Profit Loss Account Reserve	1 343	469	6 091
Shareholder Funds	1 443	569	6 191

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment			76 404	83 338	88 952	92 114	95 595	97 376	87 894	88 729
Average Number Employees During Period				10	8	9	9	6	5	5
Bank Borrowings Overdrafts				12 258	17 212	9 629	38 667	29 161	29 212	22 669
Creditors			142 450	4 948	1 498	94 131	38 667	29 161	29 212	22 669
Creditors Due After One Year	26 779	18 693
Creditors Due Within One Year	127 217	147 100	142 450
Finance Lease Liabilities Present Value Total				4 948	1 498	1 498
Increase From Depreciation Charge For Year Property Plant Equipment				6 934	5 614	3 162	3 481	1 781	837	835
Net Current Assets Liabilities	-12 041	-5 406	-2 010	-6 663	-4 906	-5 283	35 517	28 004	28 562	21 342
Number Shares Allotted		100	100
Other Creditors				3 505	4 103	10 984	6 748	7 664	14 770	11 190
Other Taxation Social Security Payable				93 324	65 622	49 448	65 333	95 612	100 430	71 734
Par Value Share		1	1
Property Plant Equipment Gross Cost			85 228	95 769	96 589	98 214	99 639	99 639	89 319	90 975
Provisions For Liabilities Balance Sheet Subtotal			623	623	623	623	623	623	623	623
Provisions For Liabilities Charges	623	623	623
Share Capital Allotted Called Up Paid	100	100	100
Tangible Fixed Assets Cost Or Valuation	114 416	113 223	85 228
Tangible Fixed Assets Depreciation	73 530	87 932	76 404
Total Additions Including From Business Combinations Property Plant Equipment				10 541	820	1 625	1 425			1 656
Total Assets Less Current Liabilities	28 845	19 885	6 814	5 768	2 731	817	39 561	30 267	29 987	23 588
Trade Creditors Trade Payables				20 691	37 380	22 572	13 565	20 834	15 017	29 595
Trade Debtors Trade Receivables				68 049	97 585	57 714	16 385	32 533	60 629	68 821
Disposals Decrease In Depreciation Impairment Property Plant Equipment									10 319
Disposals Property Plant Equipment									10 320

Company staff

Gillian W.

Role: Secretary

Appointed: 21 May 2004

Latest update: 10 January 2024

Martyn W.

Role: Director

Appointed: 21 May 2004

Latest update: 10 January 2024

People with significant control

Gillian W.

Notified on 1 January 2017

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Martyn W.

Notified on 1 January 2017

Nature of control:

over 1/2 to 3/4 of shares

Accounts Documents

Account next due date	31 March 2024
Account last made up date	30 June 2022
Confirmation statement next due date	02 June 2024
Confirmation statement last made up date	19 May 2023

Annual Accounts 24 November 2015
Start Date For Period Covered By Report	01 July 2014
End Date For Period Covered By Report	30 June 2015
Date Approval Accounts	24 November 2015
Annual Accounts 30 March 2017
Start Date For Period Covered By Report	01 July 2015
End Date For Period Covered By Report	30 June 2016
Date Approval Accounts	30 March 2017
Annual Accounts
Start Date For Period Covered By Report	01 July 2016
End Date For Period Covered By Report	30 June 2017
Annual Accounts
Start Date For Period Covered By Report	01 July 2017
End Date For Period Covered By Report	30 June 2018
Annual Accounts
Start Date For Period Covered By Report	01 July 2018
End Date For Period Covered By Report	30 June 2019
Annual Accounts
Start Date For Period Covered By Report	01 July 2019
End Date For Period Covered By Report	30 June 2020
Annual Accounts
Start Date For Period Covered By Report	01 July 2020
End Date For Period Covered By Report	30 June 2021
Annual Accounts
Start Date For Period Covered By Report	01 July 2021
End Date For Period Covered By Report	30 June 2022
Annual Accounts
Start Date For Period Covered By Report	01 July 2022
End Date For Period Covered By Report	30 June 2023

M G Electrics (UK) Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Gillian W.

Martyn W.

People with significant control

Gillian W.

Martyn W.

Accounts Documents

Company filings

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