Maclin Electric Limited in Musselburgh, EH21 7UL

Description

Data updated on: 01-11-2023

Maclin Electric Limited was set up as Private Limited Company, that is located in Block 2, Unit 3, Inveresk Industrial Estate in Musselburgh. The office's zip code is EH21 7UL. The enterprise 's been fourty seven years in the business. The Companies House Reg No. is SC061609. This enterprise's SIC and NACE codes are 43210 meaning Electrical installation. The most recent filed accounts documents cover the period up to Tuesday 31st January 2023 and the most current confirmation statement was filed on Wednesday 28th December 2022.

For this particular limited company, the full scope of director's tasks have so far been performed by John D. who was appointed in 2012. Peter L. had been responsible for a variety of tasks within the limited company until the resignation in 2018. What is more a different director, including Sheila L. resigned in May 2018.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-01-31	2013-01-31	2014-01-31	2015-01-31	2016-01-31	2017-01-31	2018-01-31	2021-01-31	2022-01-31	2023-01-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	185 921	279 275	286 815	443 860	444 747

Balance Sheet
Cash Bank On Hand					91 721	37	31 506	106 737	96 939	353 959
Current Assets	581 726	568 622	563 263	739 211	460 648	690 693	549 336	720 722	1 547 280	1 728 015
Debtors	318 115	348 615	423 378	421 820	299 127	625 657	465 148	484 819	1 403 704	1 258 563
Net Assets Liabilities					444 747	458 572	527 617	749 159	1 004 128	1 538 122
Other Debtors					18 936	24 769	833	833	833	833
Property Plant Equipment					334 717	347 817	345 623	345 182	401 478	472 737
Total Inventories					69 800	64 999	52 682	129 166	46 637	115 493
Cash Bank In Hand	174 057	142 493	174	266 764	91 721
Net Assets Liabilities Including Pension Asset Liability	185 921	279 275	286 815	443 860	444 747
Stocks Inventory	89 554	77 514	139 711	50 627	69 800
Tangible Fixed Assets	102 692	98 328	73 631	90 031	334 717

Capital & Reserves
Called Up Share Capital	49 566	49 566	49 566	49 566	49 566
Profit Loss Account Reserve	111 355	204 709	212 249	369 294	370 181
Shareholder Funds	185 921	279 275	286 815	443 860	444 747

Other Financial Data
Version Production Software									2 023	2 024
Accumulated Depreciation Impairment Property Plant Equipment					151 481	153 888	159 669	214 210	254 822	326 351
Additions Other Than Through Business Combinations Property Plant Equipment									96 908	142 788
Amounts Owed By Group Undertakings Participating Interests								135 280	345 100	525 151
Average Number Employees During Period						42	42	36	40	40
Bank Borrowings					104 000	80 000	55 448	114 683	104 604
Creditors					87 413	78 347	24 517	158 380	801 923	662 630
Finance Lease Liabilities Present Value Total					7 413	22 347	24 517	16 293	33 180	7 231
Increase From Depreciation Charge For Year Property Plant Equipment						25 537	29 523		40 612	71 529
Loans From Directors								8 821	8 821	5 973
Net Current Assets Liabilities	140 457	233 323	240 903	394 822	209 906	203 837	221 565	562 342	745 357	1 065 385
Other Creditors					719	935	929	929	929	929
Property Plant Equipment Gross Cost					486 198	501 705	505 292	559 392	656 300	799 088
Taxation Including Deferred Taxation Balance Sheet Subtotal								17 231
Taxation Social Security Payable								2 615	71 812	193 533
Total Assets Less Current Liabilities	243 149	331 651	314 534	484 853	544 623	551 654	567 188	907 524	1 146 835	1 538 122
Trade Creditors Trade Payables					108 754	295 698	138 231	110 721	572 301	374 939
Trade Debtors Trade Receivables					280 191	600 888	459 315	348 706	1 057 771	732 579
Value-added Tax Payable								19 001	114 880	80 025
Amount Specific Advance Or Credit Directors							5 000
Amount Specific Advance Or Credit Made In Period Directors							5 000
Administrative Expenses	370 744	464 802	520 375	620 062	545 143	575 031	601 380
Bank Borrowings Overdrafts	143 171		61 950		24 000	24 000	55 448
Bank Borrowings Secured					104 000
Bank Overdrafts						30 718
Bank Overdrafts Secured	143 171		61 950
Commitments Under Non-cancellable Operating Leases Total	11 144	11 144	12 767	13 051	12 638
Comprehensive Income Expense					887	13 825	69 045
Corporation Tax Due Within One Year	19 685	27 402	7 774	40 521	5 958
Corporation Tax Payable					5 958	248	16 785
Cost Sales	2 381 076	2 410 180	2 450 214	2 358 177	1 861 288	3 001 547	3 850 224
Creditors Due After One Year	40 875	38 383	17 644	26 801	87 413
Creditors Due Within One Year	441 269	335 299	322 360	344 389	250 742
Debtors Due Within One Year	318 115	348 615	423 378	421 820	299 127
Deferred Tax Liability	16 353	13 993	10 075	14 192	12 463
Depreciation Expense Property Plant Equipment					13 453	13 870	16 955
Depreciation Tangible Fixed Assets Expense	9 617	7 494	5 931	4 427	13 453
Disposals Decrease In Depreciation Impairment Property Plant Equipment						23 130	23 742
Disposals Property Plant Equipment						30 338	28 898
Effective Current Tax Rate	20	20	20	20
Future Minimum Lease Payments Under Non-cancellable Operating Leases					12 638	15 621	5 431
Gain Loss From Disposal Fixed Assets		-11 412	-1 175	-3 985
Gross Profit Loss	508 788	586 499	535 454	825 865	555 016	596 391	692 148
Increase Decrease In Property Plant Equipment						45 845	32 485
Interest Payable Similar Charges	2 217	3 572	3 800	4 473
Interest Payable Similar Charges Finance Costs					4 976	5 205	4 661
Merchandise					46 800	47 600	37 607
Number Shares Allotted		18 339	18 339	18 339	18 339
Obligations Under Finance Lease Hire Purchase Contracts After One Year	40 875	38 383	17 644	26 801	7 413
Obligations Under Finance Lease Hire Purchase Contracts Within One Year	21 759	25 217	20 739	27 942	19 388
Operating Leases Expiring After Five Years	10 000				10 000
Operating Leases Expiring Between Two Five Years	1 144	11 144	12 767	12 638	1 494
Operating Leases Expiring Within One Year				413	1 144
Operating Profit Loss	138 044	121 697	15 079	205 803	9 873	21 360	90 768
Other Creditors Due Within One Year					719
Other Interest Receivable Similar Income	105	271	117	354
Other Interest Receivable Similar Income Finance Income					219	190	42
Other Taxation Social Security Payable					24 645	31 269	23 700
Other Taxation Social Security Within One Year	21 836	25 571	25 138	32 260	24 645
Par Value Share		1	1	1	1
Profit Loss					887	13 825	69 045
Profit Loss For Period	107 209	93 354	7 540	157 045
Profit Loss On Ordinary Activities Before Tax	135 932	118 396	11 396	201 684	5 116	16 345	86 149
Provisions Additional Amounts Provided				4 117
Provisions Charged Credited To Profit Loss Account During Period		-2 360	-3 918		-1 729
Provisions For Liabilities Balance Sheet Subtotal					12 463	14 735	15 054
Provisions For Liabilities Charges	16 353	13 993	10 075	14 192	12 463
Share Capital Allotted Called Up Paid	18 339	18 339	18 339	18 339	18 339
Share Premium Account	25 000	25 000	25 000	25 000	25 000
Stocks Raw Materials Consumables	31 954	51 514	52 861	43 127	46 800
Tangible Fixed Assets Additions		998	670	44 009	272 210
Tangible Fixed Assets Cost Or Valuation	281 318	217 740	206 676	213 988	486 198
Tangible Fixed Assets Depreciation	178 626	119 412	133 045	123 957	151 481
Tangible Fixed Assets Depreciation Charged In Period		807	584	710	390
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		86 874	10 559	32 712
Tangible Fixed Assets Disposals		98 286	11 734	36 697
Tax On Profit Or Loss On Ordinary Activities	28 723	25 042	3 856	44 639
Tax Tax Credit On Profit Or Loss On Ordinary Activities					4 229	2 520	17 104
Total Additions Including From Business Combinations Property Plant Equipment						45 845	32 485
Total Borrowings					104 000	110 718	55 448
Total Reserves	136 355	229 709	237 249	394 294	395 181
Trade Creditors Within One Year	168 656	184 899	123 454	168 087	108 754
Turnover Gross Operating Revenue	2 889 864	2 996 679	2 985 668	3 184 042
Turnover Revenue					2 416 304	3 597 938	4 542 372
U K Current Corporation Tax	19 685	27 402	7 774	40 522
U K Deferred Tax	9 038	-2 360	-3 918	4 117
V A T Due Total Creditors	66 162	72 210	83 305	75 579	67 278
Work In Progress	57 600	26 000	86 850	7 500	23 000	17 399	15 075
Advances Credits Directors			8 850
Advances Credits Made In Period Directors			8 850
Director Remuneration	95 800	176 800	191 900	205 900
Director Remuneration Benefits Excluding Payments To Third Parties				205 900	192 400