Mag Networks Ltd in Newcastle Upon Tyne, NE4 5NJ

Description

Data updated on: 01-11-2023

Mag Networks Ltd may be contacted at 8 Bishops Avenue, in Newcastle Upon Tyne. The company's post code is NE4 5NJ. Mag Networks has been on the British market for twelve years. The company's reg. no. is 08128073. The company's registered with SIC code 62020 meaning Information technology consultancy activities. Mag Networks Limited reported its account information for the period up to 2023/07/31. The firm's latest confirmation statement was filed on 2023/07/03.

Within this particular business, just about all of director's obligations have so far been executed by Abdul M. who was arranged to perform management duties in 2012 in July.

Abdul M. is the individual with significant control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-07-31	2014-07-31	2015-07-31	2016-07-31	2017-07-31	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31	2023-07-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	5 059	17 212	311	-224

Balance Sheet
Current Assets	17 678	21 215	12 576	8 952	7 238	12 789	13 498	4 705	5 311	407	407
Net Assets Liabilities									580	-2 439	-2 439
Cash Bank In Hand	3 478	3 515	2 160	2 550
Cash Bank On Hand				2 550	2 400	1 800	2 010	3 205	4 625
Debtors	14 200	17 700	10 416	6 402	4 838	10 989	11 488	1 500	686
Other Debtors				2 902	1 338	7 489	7 988		686
Property Plant Equipment					1 387	925	462		-463
Net Assets Liabilities Including Pension Asset Liability	5 059

Capital & Reserves
Called Up Share Capital	1	1	1	1
Profit Loss Account Reserve	5 058	17 211	310	-225
Shareholder Funds	5 059	17 212	311	-224

Other Financial Data
Version Production Software											2 024
Accrued Liabilities Not Expressed Within Creditors Subtotal									1 623	722	722
Average Number Employees During Period					2	2	2	2	2	2
Creditors				9 176	8 489	13 705	13 733	4 657	4 270	2 124	2 124
Net Current Assets Liabilities	5 059	17 212	311	-224	-1 251	-916	-235	48	1 041	-1 717	-1 717
Total Assets Less Current Liabilities	5 059	17 212	311	-224	136	9	227	48	578	-1 717	-1 717
Amount Specific Advance Or Credit Directors			4 716	2 901	1 338	7 488	7 988
Amount Specific Advance Or Credit Made In Period Directors				2 901	1 338	7 488	7 988
Amount Specific Advance Or Credit Repaid In Period Directors				4 716	2 901	1 338	7 488	7 988
Accumulated Depreciation Impairment Property Plant Equipment					463	925	1 388	1 850	2 313
Bank Borrowings Overdrafts				5 517	1 508	3 527	5 229
Creditors Due Within One Year	12 619	4 003	12 265	9 176
Dividends Paid					16 000	23 500	6 000	6 500	14 500
Increase From Depreciation Charge For Year Property Plant Equipment					463	462	463	462	463
Number Shares Allotted	1	1	1	1
Number Shares Issued Fully Paid					1	1	1	1	1
Other Creditors				950	950	760	1 425	2 192	1 624
Other Taxation Social Security Payable				2 708	6 032	9 419	7 079	2 465	2 646
Par Value Share	1	1	1	1	1	1	1	1	1
Profit Loss					16 360	23 373	6 218	6 321	15 030
Property Plant Equipment Gross Cost					1 850	1 850	1 850	1 850
Share Capital Allotted Called Up Paid	1	1	1	1
Total Additions Including From Business Combinations Property Plant Equipment					1 850
Trade Creditors Trade Payables				1	-1	-1
Trade Debtors Trade Receivables				3 500	3 500	3 500	3 500	1 500
Advances Credits Directors			4 716	2 901
Advances Credits Made In Period Directors			4 716

Company staff

Abdul M.

Role: Director

Appointed: 03 July 2012

Latest update: 5 February 2024

People with significant control

Abdul M.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	30 April 2025
Account last made up date	31 July 2023
Confirmation statement next due date	17 July 2024
Confirmation statement last made up date	03 July 2023

Annual Accounts 01 April 2014
Start Date For Period Covered By Report	2012-07-03
End Date For Period Covered By Report	2013-07-31
Date Approval Accounts	01 April 2014
Annual Accounts 13 March 2015
Start Date For Period Covered By Report	01 August 2013
End Date For Period Covered By Report	31 July 2014
Date Approval Accounts	13 March 2015
Annual Accounts 15 April 2016
Start Date For Period Covered By Report	01 August 2014
End Date For Period Covered By Report	31 July 2015
Date Approval Accounts	15 April 2016
Annual Accounts 25 April 2017
Start Date For Period Covered By Report	01 August 2015
End Date For Period Covered By Report	31 July 2016
Date Approval Accounts	25 April 2017
Annual Accounts
Start Date For Period Covered By Report	01 August 2016
End Date For Period Covered By Report	31 July 2017
Annual Accounts
Start Date For Period Covered By Report	01 August 2017
End Date For Period Covered By Report	31 July 2018
Annual Accounts
Start Date For Period Covered By Report	01 August 2018
End Date For Period Covered By Report	31 July 2019
Annual Accounts
Start Date For Period Covered By Report	01 August 2019
End Date For Period Covered By Report	31 July 2020
Annual Accounts
Start Date For Period Covered By Report	01 August 2020
End Date For Period Covered By Report	31 July 2021
Annual Accounts
Start Date For Period Covered By Report	01 August 2020
End Date For Period Covered By Report	31 July 2021
Annual Accounts
End Date For Period Covered By Report	31 July 2021

Mag Networks Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Abdul M.

People with significant control

Abdul M.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address,
2014

Address:

Post code:

City / Town:

HQ address,
2015

Address:

Post code:

City / Town:

HQ address,
2016

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Mag Networks Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Abdul M.

People with significant control

Abdul M.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address, 2014

Address:

Post code:

City / Town:

HQ address, 2015

Address:

Post code:

City / Town:

HQ address, 2016

Address:

Post code:

City / Town:

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies

HQ address,
2014

HQ address,
2015

HQ address,
2016