Mag Assets Ltd in Marsworth, HP23 4LS

Description

Data updated on: 01-11-2023

The Mag Assets Ltd firm has been operating on the market for at least thirteen years, as it's been established in 2011. Started with registration number 07840501, Mag Assets is categorised as a Private Limited Company with office in 17 Norvic Road, Marsworth HP23 4LS. From 2022-06-08 Mag Assets Ltd is no longer under the business name Mac Global (UK). This business's classified under the NACE and SIC code 93290 which means Other amusement and recreation activities n.e.c.. Mag Assets Limited reported its latest accounts for the financial year up to 2022/11/30. The firm's latest annual confirmation statement was filed on 2022/11/09.

Since 2011-11-09, this limited company has only had a single managing director: Robert M. who has been administering it for thirteen years.

Robert M. is the individual who controls this firm, owns over 3/4 of company shares.

Previous company's names
Mag Assets Ltd 2022-06-08
Mac Global (UK) Ltd 2011-11-09

Financial data based on annual reports

Profit & Loss
Date of Accounts	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
Currency
Net Worth	825	-84 405	-66 314	-47 347	-95 774

Balance Sheet
Cash Bank On Hand						13 070	12 112	16 475	2 882	2 113	66 717
Current Assets	88 042	3 075	101 295	39 914	13 379	13 070			2 882	5 952	250 633
Debtors	60 484		101 287							3 839	183 916
Net Assets Liabilities					95 774	69 227			-58 035	-122 268	-270 158
Other Debtors										1 523	181 600
Property Plant Equipment						7 430	8 234	7 424	7 843	5 882
Cash Bank In Hand	27 558	3 075	8
Net Assets Liabilities Including Pension Asset Liability	825	-84 405	-66 314	-47 347	-95 774
Tangible Fixed Assets	1 969	3 097	3 906

Capital & Reserves
Called Up Share Capital	1	1	1
Profit Loss Account Reserve	824	-84 406	-66 315
Shareholder Funds	825	-84 405	-66 314	-47 347	-95 774

Other Financial Data
Accrued Liabilities							1 499	1 850	2 101	5 850	9 600
Accumulated Depreciation Impairment Property Plant Equipment						597	3 342	5 816	8 430	10 391	12 192
Additional Provisions Increase From New Provisions Recognised										353	-91
Average Number Employees During Period						1	1	1	1	1	1
Bank Borrowings Overdrafts										50 000	47 936
Corporation Tax Payable							2 570		2 316
Corporation Tax Recoverable										2 316	2 316
Creditors					76 020	89 727	86 721	124 228	68 760	50 000	47 936
Deferred Tax Liabilities										353	262
Dividends Paid							10 000
Increase From Depreciation Charge For Year Property Plant Equipment							2 745	2 474	2 614	1 961	1 801
Net Current Assets Liabilities	-1 144	-87 502	-70 220	-55 473	-62 641	76 657	-74 609	-107 753	-65 878	-77 797	-227 363
Number Shares Issued Fully Paid							1	1	1	1	1
Other Creditors						88 577	82 652	122 378	64 343	77 899	180 080
Other Taxation Social Security Payable						1 150
Par Value Share	1						1	1	1	1	1
Profit Loss							12 852	-33 954	42 294	-64 233	-147 890
Property Plant Equipment Gross Cost						8 027	11 576	13 240	16 273	16 273	17 595
Provisions										353	262
Provisions For Liabilities Balance Sheet Subtotal										353	262
Total Additions Including From Business Combinations Property Plant Equipment							3 549	1 664	3 033		1 322
Total Assets Less Current Liabilities	825	-84 405	-66 314	-18 030	-57 774	69 227	-66 375	-100 329	-58 035	-71 915	-221 960
Fixed Assets	1 969	3 097	3 906	37 443	4 867	7 430
Creditors Due After One Year				67 317	38 000
Creditors Due Within One Year	89 186	90 577	171 515	72 387	76 020
Number Shares Allotted	1
Share Capital Allotted Called Up Paid	1
Tangible Fixed Assets Additions	2 461	2 026	1 346
Tangible Fixed Assets Cost Or Valuation	2 461	4 487	5 833
Tangible Fixed Assets Depreciation	492	1 390	1 927
Tangible Fixed Assets Depreciation Charged In Period	492	898	537

Company staff

Robert M.

Role: Director

Appointed: 09 November 2011

Latest update: 31 January 2024

People with significant control

Robert M.

Notified on 9 November 2016

Nature of control:

over 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	23 November 2023
Confirmation statement last made up date	09 November 2022

Annual Accounts 27 September 2013
Start Date For Period Covered By Report	2011-11-09
End Date For Period Covered By Report	2012-11-30
Date Approval Accounts	27 September 2013
Annual Accounts
Start Date For Period Covered By Report	2012-12-01
Annual Accounts 18 August 2015
Start Date For Period Covered By Report	2013-12-01
Date Approval Accounts	18 August 2015
Annual Accounts
Start Date For Period Covered By Report	2014-12-01
End Date For Period Covered By Report	2015-11-30
Annual Accounts
Start Date For Period Covered By Report	2015-12-01
Annual Accounts
Start Date For Period Covered By Report	2016-12-01
End Date For Period Covered By Report	2017-11-30
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
End Date For Period Covered By Report	2013-11-30
Annual Accounts
End Date For Period Covered By Report	2014-11-30
Annual Accounts 30 August 2017
End Date For Period Covered By Report	2016-11-30
Date Approval Accounts	30 August 2017
Annual Accounts 25 August 2014
Date Approval Accounts	25 August 2014
Annual Accounts 29 August 2016
Date Approval Accounts	29 August 2016

Mag Assets Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Robert M.

People with significant control

Robert M.

Accounts Documents

Company filings

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