M G T Systems Limited in Southampton, SO40 3AA

Description

Data updated on: 01-11-2023

04307528 is a registration number assigned to M G T Systems Limited. This company was registered as a Private Limited Company on 2001-10-19. This company has been operating on the British market for the last twenty three years. This enterprise can be contacted at 148 Commercial Road Totton in Southampton. The headquarters' post code assigned to this location is SO40 3AA. The firm's Standard Industrial Classification Code is 27900 and their NACE code stands for Manufacture of other electrical equipment. 2022-11-30 is the last time account status updates were filed.

That company owes its achievements and constant growth to exactly two directors, namely Malcolm P. and Terry S., who have been guiding the firm since 2001-10-19. To provide support to the directors, this particular company has been utilizing the skills of Kim P. as a secretary for the last twenty three years.

Malcolm P. is the individual who has control over this firm, owns over 1/2 to 3/4 of company shares .

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-11-30	2012-11-30	2013-11-30	2014-11-30	2015-11-30	2016-11-30	2017-11-30	2018-11-30	2019-11-30	2020-11-30	2021-11-30	2022-11-30	2023-11-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	91 361	81 544	81 539	67 723	61 775

Balance Sheet
Cash Bank In Hand	24 290	26 180	22 922	18 897	35 379
Cash Bank On Hand					35 379	38 440	40 161	29 293	27 331	91 410	199 053	152 130	61 914
Current Assets	91 871	89 881	87 402	79 970	91 390	85 499	92 997	82 995	86 533	135 238	208 410	152 130
Debtors	43 981	38 735	35 598	39 931	29 060	21 836	25 516	26 485	35 958	28 789	931
Net Assets Liabilities					61 775	55 041	57 725	51 756	63 731	108 305	189 582	148 784
Net Assets Liabilities Including Pension Asset Liability	91 361	81 544	81 539	67 723	61 775
Property Plant Equipment					22 518	16 889	12 668	11 034	8 276	6 187	4 642
Stocks Inventory	23 600	24 966	28 882	21 142	26 951
Tangible Fixed Assets	52 406	53 143	40 056	30 021	22 518
Total Inventories					26 951	25 223	27 320	27 217	23 244	15 039	8 426

Capital & Reserves
Called Up Share Capital	30	30	30	30	30
Profit Loss Account Reserve	91 331	81 514	81 509	67 693	61 745
Shareholder Funds	91 361	81 544	81 539	67 723	61 775

Other Financial Data
Director Remuneration					25 200	27 300	29 400
Accumulated Depreciation Impairment Property Plant Equipment					68 607	74 236	78 457	81 971	84 729	86 818	88 363
Administrative Expenses					85 431	87 452	99 015
Average Number Employees During Period						3	3	3	3	3	3	3	3
Corporation Tax Payable					22 349	28 647	26 313	24 794	17 208	11 044	19 343
Cost Sales					87 495	93 052	118 760
Creditors					47 880	44 174	45 653	40 307	29 613	32 032	22 660	3 346	8 891
Creditors Due Within One Year	42 831	51 307	38 281	36 570	47 880
Current Tax For Period					22 349	28 647	26 313
Depreciation Expense Property Plant Equipment					7 503	5 629	4 221
Dividends Paid						117 000	103 500	110 250	59 250	900
Dividends Paid On Shares					89 250	117 000	103 500
Dividends Paid On Shares Final					7 500	15 000	15 000
Dividends Paid On Shares Interim					81 750	102 000	88 500
Gross Profit Loss					189 574	225 230	230 612
Increase From Depreciation Charge For Year Property Plant Equipment						5 629	4 221	3 514	2 758	2 089	1 545
Merchandise					26 951	25 223	27 320	27 217	23 244	15 039	8 426
Net Current Assets Liabilities	49 040	38 574	49 121	43 400	43 510	41 325	47 344	42 688	56 920	103 206	185 750	148 784	53 023
Number Shares Allotted		30	30	30	30
Number Shares Issued Fully Paid						30	30	30	30	30	30	30	30
Operating Profit Loss					104 143	137 778	131 597
Other Creditors					1 042	1 030	1 439	1 350	1 356	1 410	1 170	1 404	6 968
Other Deferred Tax Expense Credit					-1 446	-1 080	-886
Other Interest Receivable Similar Income Finance Income					62	55	14
Other Taxation Social Security Payable					171	242	264	233	449	3 104	998	1 670	1 651
Par Value Share		1	1	1	1	1	1	1	1	1	1	1	1
Prepayments Accrued Income					663	723	708	763	859	502	124
Profit Loss					83 302	110 266	106 184	104 281	71 225	45 474	81 277	-40 798	-95 761
Profit Loss On Ordinary Activities Before Tax					104 205	137 833	131 611
Property Plant Equipment Gross Cost					91 125	91 125	91 125	93 005	93 005	93 005	93 005
Provisions						3 173	2 287	1 966	1 465	1 088	810
Provisions For Liabilities Balance Sheet Subtotal					4 253	3 173	2 287	1 966	1 465	1 088	810
Provisions For Liabilities Charges	10 085	10 173	7 638	5 698	4 253
Share Capital Allotted Called Up Paid	30	30	30	30	30
Tangible Fixed Assets Additions		14 143	220
Tangible Fixed Assets Cost Or Valuation	76 762	90 905	91 125	91 125
Tangible Fixed Assets Depreciation	24 356	37 762	51 069	61 104	68 607
Tangible Fixed Assets Depreciation Charged In Period		13 406	13 307	10 035	7 503
Tax Tax Credit On Profit Or Loss On Ordinary Activities					20 903	27 567	25 427
Total Additions Including From Business Combinations Property Plant Equipment								1 880
Total Assets Less Current Liabilities	101 446	91 717	89 177	73 421	66 028	58 214	60 012	53 722	65 196	109 393	190 392	148 784	53 023
Trade Creditors Trade Payables					19 615	7 548	13 454	8 264	7 350	9 997	877
Trade Debtors Trade Receivables					28 397	21 113	24 808	25 722	35 099	28 287
Turnover Revenue					277 069	318 282	349 372
Disposals Decrease In Depreciation Impairment Property Plant Equipment												88 363
Disposals Property Plant Equipment												93 005
Recoverable Value-added Tax											807

Company staff

Kim P.

Role: Secretary

Appointed: 19 October 2001

Latest update: 15 April 2024

Malcolm P.

Role: Director

Appointed: 19 October 2001

Latest update: 15 April 2024

Terry S.

Role: Director

Appointed: 19 October 2001

Latest update: 15 April 2024

People with significant control

Malcolm P.

Notified on 19 October 2016

Nature of control:

over 1/2 to 3/4 of shares

Accounts Documents

Account next due date	31 August 2024
Account last made up date	30 November 2022
Confirmation statement next due date	02 November 2024
Confirmation statement last made up date	19 October 2023

Annual Accounts 22 July 2014
Start Date For Period Covered By Report	01 December 2012
End Date For Period Covered By Report	30 November 2013
Date Approval Accounts	22 July 2014
Annual Accounts 6 August 2015
Start Date For Period Covered By Report	01 December 2013
End Date For Period Covered By Report	30 November 2014
Date Approval Accounts	6 August 2015
Annual Accounts 12 July 2016
Start Date For Period Covered By Report	01 December 2014
End Date For Period Covered By Report	30 November 2015
Date Approval Accounts	12 July 2016
Annual Accounts
Start Date For Period Covered By Report	01 December 2015
End Date For Period Covered By Report	30 November 2016
Annual Accounts
Start Date For Period Covered By Report	01 December 2016
End Date For Period Covered By Report	30 November 2017
Annual Accounts
Start Date For Period Covered By Report	01 December 2017
End Date For Period Covered By Report	30 November 2018
Annual Accounts
Start Date For Period Covered By Report	01 December 2018
End Date For Period Covered By Report	30 November 2019
Annual Accounts
Start Date For Period Covered By Report	01 December 2019
End Date For Period Covered By Report	30 November 2020
Annual Accounts
Start Date For Period Covered By Report	01 December 2020
End Date For Period Covered By Report	30 November 2021
Annual Accounts
Start Date For Period Covered By Report	01 December 2021
End Date For Period Covered By Report	30 November 2022
Annual Accounts
Start Date For Period Covered By Report	01 December 2022
End Date For Period Covered By Report	30 November 2023
Annual Accounts 7 August 2013
End Date For Period Covered By Report	30 November 2012
Date Approval Accounts	7 August 2013

M G T Systems Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Kim P.

Malcolm P.

Terry S.

Rwl Registrars Limited

Geoffrey F.

People with significant control

Malcolm P.

Accounts Documents

Company filings

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