Magfern Estates Limited in Derby, DE1 2GY

Description

Data updated on: 01-11-2023

This company is situated in Derby with reg. no. 01474833. It was set up in 1980. The headquarters of this company is situated at 3 Charnwood Street . The area code for this address is DE1 2GY. The company's name switch from Faulkner Homes to Magfern Estates Limited occurred on 1994-11-15. This firm's SIC code is 41100 - Development of building projects. Magfern Estates Ltd released its account information for the period up to Fri, 31st Mar 2023. The firm's most recent confirmation statement was released on Wed, 13th Sep 2023.

With regards to this company, the full extent of director's obligations have so far been performed by Darren F. who was assigned this position thirty years ago. Since 1994-12-01 Nicholas F., had fulfilled assigned duties for this specific company till the resignation twenty three years ago. What is more a different director, namely Michael F. gave up the position in March 2001. To help the directors in their tasks, this company has been utilizing the expertise of Amanda H. as a secretary for the last twenty three years.

Previous company's names
Magfern Estates Limited 1994-11-15
Faulkner Homes Limited 1980-01-23

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	276	19 173	30 808	36 878	31 356	41 061	68 134	113 967
Current Assets	26 607	37 048	61 161	67 548	35 769	224 046	144 849	240 569
Debtors	26 331	17 875	30 353	30 670	4 413	182 985	76 715	116 367
Net Assets Liabilities	324 158	439 696	479 420	483 036	371 687	417 154	584 701	791 029
Other Debtors	2 125
Total Inventories								10 235

Other Financial Data
Average Number Employees During Period		1	1	1	1	1	1	1
Bank Borrowings	773 670					42 500
Creditors	751 850	742 989	718 514	691 350	628 020	755 862	452 615	163 157
Investment Property	1 135 000	1 230 000	1 230 000	1 195 000	1 045 000	1 045 000	1 025 000	1 100 000
Investment Property Fair Value Model	1 135 000	1 230 000	1 230 000	1 195 000	1 045 000	1 045 000	1 025 000	1 100 000
Net Current Assets Liabilities	-58 992	-46 187	-32 066	-20 614	-45 293	128 016	12 316	77 412
Number Shares Issued Fully Paid		100	100	100	100	100	100	100
Other Remaining Borrowings		768 765	743 407	717 869	631 695	775 866	485 990	403 404
Par Value Share		1	1	1	1	1	1	1
Provisions For Liabilities Balance Sheet Subtotal		1 128
Total Assets Less Current Liabilities	1 076 008	1 183 813	1 197 934	1 174 386	999 707	1 173 016	1 037 316	1 177 412
Total Borrowings	773 670	768 765			631 695	818 366	485 990
Disposals Investment Property Fair Value Model							170 000