M5 Textiles Limited in Somerset, TA6 3LH

Description

Data updated on: 01-11-2023

2002 is the year of the launching of M5 Textiles Limited, the company that is situated at Rubis House, 15 Friarn Street, Bridgwater in Somerset. This means it's been 22 years M5 Textiles has prospered in the United Kingdom, as it was registered on 2002-04-18. Its Companies House Reg No. is 04420149 and its postal code is TA6 3LH. This firm's SIC code is 46410 meaning Wholesale of textiles. 2022-05-31 is the last time the company accounts were filed.

The data at our disposal that details the following company's management indicates that there are two directors: George R. and John R. who joined the team on 2014-05-13.

Executives who control the firm include: George R. owns 1/2 or less of company shares. John R. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	341 737	356 544	273 749	339 970	370 785

Balance Sheet
Cash Bank In Hand	246 704	245 900	123 312	206 609	275 762
Cash Bank On Hand					275 762	322 423	472 663	612 373	632 090	293 373	433 323	574 431
Current Assets	425 109	454 179	383 118	430 261	475 345	561 420	636 744	807 191	712 698	412 567	634 136	758 030
Debtors	170 892	199 664	250 911	214 327	190 853	229 247	153 581	178 068	70 358	111 419	192 613	174 224
Net Assets Liabilities					370 785	444 576	469 660	640 615	584 987	286 079	431 368	577 106
Net Assets Liabilities Including Pension Asset Liability	341 737	356 544	273 749	339 970	370 785
Other Debtors							10 349	2 624	5 215	997
Property Plant Equipment					10 595	8 926	10 398	11 222	10 233	12 065	9 048
Stocks Inventory	7 513	8 615	8 895	9 325	8 730
Tangible Fixed Assets	14 483	12 834	16 395	12 877	10 595
Total Inventories					8 730	9 750	10 500	16 750	10 250	7 775	8 200	9 375

Capital & Reserves
Called Up Share Capital	2	2	1	1	1
Profit Loss Account Reserve	341 735	356 542	273 748	339 968	370 783
Shareholder Funds	341 737	356 544	273 749	339 970	370 785

Other Financial Data
Accruals Deferred Income Within One Year		8 983	6 970
Accrued Liabilities Deferred Income					6 650	5 542	5 510	5 875	15 944	10 838	6 505	4 915
Accumulated Amortisation Impairment Intangible Assets					7 500	7 500	7 500	7 500	7 500	7 500	7 500
Accumulated Depreciation Impairment Property Plant Equipment					110 829	113 804	117 350	115 904	119 314	123 337	126 354	131 167
Administrative Expenses		347 365	361 490					310 085	299 567
Average Number Employees During Period						12	13	13	13	12	11	13
Capital Redemption Reserve			1	1	1
Corporation Tax Due Within One Year		9 029	26 131
Corporation Tax Payable					38 386	50 301	36 619	73 711	46 318	31 203	59 405	66 793
Cost Sales		391 268	443 032					597 043	562 335
Creditors					114 812	125 441	176 641	176 596	136 762	136 886	210 610	192 892
Creditors Due Within One Year	96 704	109 764	125 127	102 759	114 812
Debtors Due Within One Year		199 664	250 911
Deferred Tax Liability		705	637
Depreciation Tangible Fixed Assets Expense		4 278	5 466
Disposals Decrease In Depreciation Impairment Property Plant Equipment								5 186
Disposals Property Plant Equipment								6 800
Distribution Costs		40 194	41 724					44 822	37 728
Fixed Assets	14 483	12 834	16 395	12 877	10 595	8 926	10 398	11 222	10 233	12 065	9 048	14 256
Gross Profit Loss		430 436	533 483					744 367	565 571
Increase From Depreciation Charge For Year Property Plant Equipment						2 975	3 546	3 740	3 410	4 023	3 017	4 813
Intangible Assets Gross Cost					7 500	7 500	7 500	7 500	7 500	7 500	7 500
Intangible Fixed Assets Aggregate Amortisation Impairment	7 500	7 500	7 500	7 500
Intangible Fixed Assets Cost Or Valuation	7 500	7 500	7 500	7 500
Net Current Assets Liabilities	328 405	344 415	257 991	327 502	360 533	435 979	460 103	630 595	575 936	275 681	423 526	565 138
Number Shares Allotted		2	1
Operating Profit Loss		42 877	130 269					389 460	243 069
Other Creditors							205	258	292	283	1 068	2 379
Other Interest Receivable Similar Income		37	49
Other Taxation Social Security Payable					3 928	9 633		1 809	21 524	20 398	33 669	27 024
Other Taxation Social Security Within One Year		16 479	24 348
Par Value Share		1	1
Prepayments					3 417	3 916	2 156	2 178	2 045	2 155	3 090	3 089
Profit Loss For Period		34 807	104 255
Profit Loss On Ordinary Activities Before Tax		42 914	130 318					389 852	243 670
Property Plant Equipment Gross Cost					121 424	122 730	127 748	127 126	129 547	135 402	135 402	145 423
Provisions Charged Credited To Profit Loss Account During Period			-68
Provisions For Liabilities Balance Sheet Subtotal					343	329	841	1 202	1 182	1 667	1 206	2 288
Provisions For Liabilities Charges	1 151	705	637	409	343
Share Capital Allotted Called Up Paid	2	2	1
Tangible Fixed Assets Additions		2 629	9 027	774	1 249
Tangible Fixed Assets Cost Or Valuation	107 745	110 374	119 401	120 175	121 424
Tangible Fixed Assets Depreciation	93 262	97 540	103 006	107 298	110 829
Tangible Fixed Assets Depreciation Charged In Period		4 278	5 466	4 292	3 531
Tax On Profit Or Loss On Ordinary Activities		8 107	26 063
Total Additions Including From Business Combinations Property Plant Equipment						1 306	5 018	6 178	2 421	5 855		10 021
Total Assets Less Current Liabilities	342 888	357 249	274 386	340 379	371 128	444 905	470 501	641 817	586 169	287 746	432 574	579 394
Total Dividend Payment			16 200
Total U K Foreign Current Tax After Adjustments Relief		8 553	26 131
Trade Creditors Trade Payables					65 848	59 965	134 307	94 943	52 684	74 164	109 963	91 781
Trade Creditors Within One Year		71 755	67 678
Trade Debtors Trade Receivables					187 436	225 331	141 076	173 266	63 098	108 267	189 523	171 135
Turnover Gross Operating Revenue		821 704	976 515
U K Current Corporation Tax		9 029	26 131
Depreciation Expense Property Plant Equipment								3 740	3 410
Director Remuneration Benefits Excluding Payments To Third Parties		63 649	66 629
Other Interest Receivable Similar Income Finance Income								392	601
Other Operating Income Format1									14 793
Profit Loss								315 780	197 372
Tax Tax Credit On Profit Or Loss On Ordinary Activities								74 072	46 298
Turnover Revenue								1 341 410	1 127 906