Mpact Group Ltd in Loanhead, EH20 9NA

Description

Data updated on: 01-11-2023

Mpact Group Ltd can be reached at Unit 9, Dryden Glen in Loanhead. The company's zip code is EH20 9NA. Mpact Group has been active on the British market since it was established on 2009-02-02. The company's registration number is SC354345. The registered name of this business was changed in 2019 to Mpact Group Ltd. The company previous registered name was M-pact Building Services. This firm's SIC and NACE codes are 43210 - Electrical installation. The company's most recent financial reports describe the period up to 2022-03-31 and the latest annual confirmation statement was released on 2023-02-02.

Due to this specific company's growing number of employees, it was necessary to appoint other executives, among others: Matthew W., Claire W., Andrea W. who have been collaborating for six years to exercise independent judgement of this firm. In order to provide support to the directors, the abovementioned firm has been utilizing the skills of Claire W. as a secretary since 2009.

Previous company's names
Mpact Group Ltd 2019-06-27
M-pact Building Services Limited 2009-02-02

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-03-31	2014-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	316 843	461 028

Balance Sheet
Cash Bank On Hand			1 234 636	716 845	1 880 283
Current Assets	646 266	1 185 561	4 837 753	5 370 714	5 730 965
Debtors	264 073	643 898	3 603 117	4 653 869	3 850 682
Net Assets Liabilities			944 775	1 243 234	2 017 992
Other Debtors			104 273	103 803	21 099
Property Plant Equipment			183 301	174 909	156 757
Cash Bank In Hand	284 865	443 109
Intangible Fixed Assets	11 400	9 500
Net Assets Liabilities Including Pension Asset Liability	316 843	461 028
Stocks Inventory	97 328	98 554
Tangible Fixed Assets	69 652	87 046

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	316 743	460 928
Shareholder Funds	316 843	461 028

Other Financial Data
Audit Fees Expenses			15 000	15 500	4 379
Accrued Liabilities Deferred Income			130 401	197 367	246 172
Accumulated Amortisation Impairment Intangible Assets			19 000	19 000
Accumulated Depreciation Impairment Property Plant Equipment			255 542	259 501	238 504
Additions Other Than Through Business Combinations Property Plant Equipment				36 927	14 211
Administrative Expenses			1 111 099	1 739 702	1 488 916
Amounts Recoverable On Contracts			346 598	133 724	381 383
Average Number Employees During Period			68	71	67
Bank Borrowings			250 000	208 333	158 333
Bank Borrowings Overdrafts			208 333	158 333	108 333
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment			74 300
Cash Cash Equivalents Cash Flow Value			1 234 636	716 845	1 880 283
Cash Receipts From Repayment Other Loans Advances Classified As Investing Activities				1 567	-82 704
Cash Receipts From Sales Interests In Associates				1 567
Corporation Tax Payable			29 285	126 382	180 181
Cost Sales			11 265 570	17 446 407	17 688 582
Creditors			208 333	158 333	108 333
Current Tax For Period			29 339	197 097	271 755
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			-7 706	10 704	-3 112
Depreciation Expense Property Plant Equipment			18 597	45 319
Depreciation Impairment Expense Property Plant Equipment				45 319	32 363
Dividends Paid			460 000	525 456	440 000
Dividends Paid Classified As Financing Activities			-460 000	-525 456	-440 000
Dividends Paid On Shares Final			460 000	525 456	440 000
Finance Lease Liabilities Present Value Total			4 833
Finance Lease Payments Owing Minimum Gross			4 833
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities			-250 000	41 667	50 000
Further Item Deferred Expense Credit Component Total Deferred Tax Expense					1 424
Further Item Interest Expense Component Total Interest Expense				325
Further Item Tax Increase Decrease Component Adjusting Items			432	-2 105	1 424
Future Minimum Lease Payments Under Non-cancellable Operating Leases			170 000	310 373	170 103
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				-164 809	434 770
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				1 049 185	-720 483
Gain Loss On Disposals Property Plant Equipment			12 083	11 667
Government Grant Income			240 506	6 192
Gross Profit Loss			982 073	2 769 665
Income Taxes Paid Refund Classified As Operating Activities			-182 347	-100 000	-137 118
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			-225 164	517 791	-1 163 438
Increase Decrease In Current Tax From Adjustment For Prior Periods			432		-80 838
Increase From Depreciation Charge For Year Property Plant Equipment				45 319	32 363
Intangible Assets Gross Cost			19 000	19 000
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings			7 310	4 414
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts			4 167	365
Interest Income On Bank Deposits			270	44	591
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss			270	44	591
Interest Paid Classified As Operating Activities			-11 477	-5 104	-7 713
Interest Payable Similar Charges Finance Costs			11 477	5 104	7 713
Interest Received Classified As Investing Activities			-2 227	-665	-722
Net Cash Generated From Operations				-185 431	-1 723 221
Net Current Assets Liabilities	275 298	417 710	998 428	1 265 983	2 007 205
Net Finance Income Costs			2 227	665	722
Operating Profit Loss			111 480	1 036 155
Other Creditors			9 125	54 208	39 621
Other Disposals Decrease In Amortisation Impairment Intangible Assets					19 000
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				41 360	53 360
Other Disposals Intangible Assets					19 000
Other Disposals Property Plant Equipment				41 360	53 360
Other Interest Income			1 957	621	131
Other Interest Receivable Similar Income Finance Income			2 227	665	722
Other Operating Income Format1			240 506	6 192
Other Taxation Social Security Payable			681 085	702 726	876 200
Payments Finance Lease Liabilities Classified As Financing Activities			-32 424	-4 833
Payments Received On Account			553 752	933 927	633 920
Pension Other Post-employment Benefit Costs Other Pension Costs			91 411	101 611	116 948
Prepayments Accrued Income			86 558	26 511	32 028
Proceeds From Sales Property Plant Equipment			-12 083	-11 667	-5 833
Profit Loss			80 165	823 915	1 214 758
Profit Loss On Ordinary Activities Before Tax			102 230	1 031 716	1 403 987
Property Plant Equipment Gross Cost			438 843	434 410	395 261
Purchase Property Plant Equipment			-12 606	-36 927	-14 211
Social Security Costs			247 602	285 748
Staff Costs Employee Benefits Expense			2 855 913	3 193 140	3 271 513
Taxation Including Deferred Taxation Balance Sheet Subtotal			28 621	39 325	37 637
Tax Expense Credit Applicable Tax Rate			19 424	196 026	266 758
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			2 609	1 568	2 358
Tax Increase Decrease From Other Short-term Timing Differences			1 075
Tax Tax Credit On Profit Or Loss On Ordinary Activities			22 065	207 801	189 229
Total Assets Less Current Liabilities	356 350	514 256	1 181 729	1 440 892	2 163 962
Total Borrowings			208 333	158 333	108 333
Total Current Tax Expense Credit			29 771	197 097	190 917
Total Deferred Tax Expense Credit				10 704	-1 688
Total Operating Lease Payments			24 648	35 000
Trade Creditors Trade Payables			2 389 177	2 040 121	1 697 666
Trade Debtors Trade Receivables			3 065 688	4 389 831	3 416 172
Turnover Revenue			12 247 643	20 216 072
Wages Salaries			2 516 900	2 805 781	2 840 841
Company Contributions To Defined Benefit Plans Directors				40 000
Director Remuneration			35 136	65 168	80 480
Director Remuneration Benefits Including Payments To Third Parties				75 136	120 480
Creditors Due After One Year	26 361	40 082
Creditors Due Within One Year	370 968	767 851
Fixed Assets	81 052	96 546
Intangible Fixed Assets Aggregate Amortisation Impairment	7 600	9 500
Intangible Fixed Assets Amortisation Charged In Period		1 900
Intangible Fixed Assets Cost Or Valuation	19 000	19 000
Number Shares Allotted		100
Par Value Share		1
Provisions For Liabilities Charges	13 146	13 146
Share Capital Allotted Called Up Paid	100	100
Tangible Fixed Assets Additions		39 155
Tangible Fixed Assets Cost Or Valuation	117 763	156 918
Tangible Fixed Assets Depreciation	48 111	69 872
Tangible Fixed Assets Depreciation Charged In Period		21 761