M I B Garages Limited in Newcastle Under Lyme, ST5 7JB

Description

Data updated on: 01-11-2023

2006 is the date that marks the launching of M I B Garages Limited, a company which is located at Lymore Villa, 162a London Road, Chesterton in Newcastle Under Lyme. This means it's been eighteen years M I B Garages has been in this business, as the company was established on 2006-05-15. Its Companies House Reg No. is 05816977 and the company zip code is ST5 7JB. The company's SIC and NACE codes are 45200 meaning Maintenance and repair of motor vehicles. M I B Garages Ltd filed its latest accounts for the period that ended on 2022-04-30. The latest annual confirmation statement was released on 2023-05-15.

The data we obtained describing this particular enterprise's MDs suggests a leadership of two directors: Ian P. and Michael P. who were appointed on 2007-09-04 and 2006-05-17.

Executives who have control over this firm are as follows: Michael P. owns 1/2 or less of company shares. Ian P. owns 1/2 or less of company shares. Ian P. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-05-31	2012-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-04-30	2021-04-30	2022-04-30	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	21 876	-1 872	551	1 450	2 029	1 931

Balance Sheet
Cash Bank In Hand	4 108	1 001	450	600	3 246	3 950
Cash Bank On Hand						3 950	624	5 617	789	198	597	702	250
Current Assets	5 818	2 437	2 583	3 501	8 370	8 562	4 846	7 589	4 791	8 067	55 761	59 170	58 944
Debtors					2 600	1 246	1 039	848	2 146	4 691	2 924	4 968	4 455
Intangible Fixed Assets	103 411	98 411	93 411	88 411	83 411	78 411
Net Assets Liabilities						1 931	-421	15 220	34 897	36 651	32 376	26 378	24 404
Net Assets Liabilities Including Pension Asset Liability	21 876	-1 872	551	1 450	2 029	1 931
Property Plant Equipment						3 075	2 306	10 275	8 194	6 145	4 609
Stocks Inventory	1 710	1 436	2 133	2 901	2 524	3 366
Tangible Fixed Assets	396	297	223	167	4 100	3 075
Total Inventories						3 366	3 183	1 124	1 856	3 178	52 240	53 500	54 239

Capital & Reserves
Called Up Share Capital	3	2	2	2	2	2
Profit Loss Account Reserve	21 873	-1 874	549	1 448	2 027	1 929
Shareholder Funds	21 876	-1 872	551	1 450	2 029	1 931

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets						46 589	51 589	56 589	61 589	66 172	71 172	76 172	80 755
Accumulated Depreciation Impairment Property Plant Equipment						3 416	4 185	7 610	10 341	12 390	13 926	1 155	1 650
Average Number Employees During Period							4	4	6	5	5	5	5
Bank Borrowings Overdrafts							94		2 562	4 871	50 000	20 023	18 687
Creditors						71 513	69 477	48 295	14 930	20 483	50 000	46 999	30 440
Creditors Due After One Year	67 354	87 597	83 481	79 003	82 625	71 513
Creditors Due Within One Year	20 395	15 420	12 185	11 626	11 227	16 604
Fixed Assets	103 807	98 708	93 634	88 578	87 511	81 486	75 717	78 686	71 605	64 973	58 437	54 441	48 572
Increase From Amortisation Charge For Year Intangible Assets							5 000	5 000	5 000	4 583	5 000		4 583
Increase From Depreciation Charge For Year Property Plant Equipment							769	3 425	2 731	2 049	1 536		308
Intangible Assets						78 411	73 411	68 411	63 411	58 828	53 828	48 828	44 245
Intangible Assets Gross Cost						125 000	125 000	125 000	125 000	125 000		125 000
Intangible Fixed Assets Aggregate Amortisation Impairment	21 589	26 589	31 589	36 589	41 589	46 589
Intangible Fixed Assets Amortisation Charged In Period		5 000	5 000	5 000	5 000	5 000
Intangible Fixed Assets Cost Or Valuation	125 000	125 000	125 000	125 000	125 000
Net Current Assets Liabilities	-14 577	-12 983	-9 602	-8 125	-2 857	-8 042	-6 223	-13 219	-20 221	-6 671	24 815	12 171	7 094
Number Shares Allotted		3	3	3	2	2
Other Creditors						71 513	69 477	48 295	14 930	20 483	4 522	3 101	4 288
Other Taxation Social Security Payable						6 196	4 200	10 796	12 329	7 686	12 527	13 253	22 434
Par Value Share		1	1	1	1	1
Property Plant Equipment Gross Cost						6 491	6 491	17 885	18 535	18 535		5 450
Provisions For Liabilities Balance Sheet Subtotal							438	1 952	1 557	1 168	876	1 067	822
Share Capital Allotted Called Up Paid	3	2	2	2	2	2
Tangible Fixed Assets Additions					5 300
Tangible Fixed Assets Cost Or Valuation	1 191	1 191	1 191	1 191	6 491
Tangible Fixed Assets Depreciation	795	894	968	1 024	2 391	3 416
Tangible Fixed Assets Depreciation Charged In Period		99	74	56	1 367	1 025
Total Additions Including From Business Combinations Property Plant Equipment								11 394	650
Total Assets Less Current Liabilities	89 230	85 725	84 032	80 453	84 654	73 444	69 494	65 467	51 384	58 302	83 252	66 612	55 666
Trade Creditors Trade Payables						9 175	5 380	8 597	7 852		4 791	10 622	6 441
Trade Debtors Trade Receivables						1 246	1 039	848	2 146	4 691	2 924	4 968	4 455