Magic Foods Limited, CR0 8EA

Description

Data updated on: 01-11-2023

05704213 is the reg. no. for Magic Foods Limited. This firm was registered as a Private Limited Company on 2006/02/09. This firm has been actively competing in this business for eighteen years. This enterprise can be gotten hold of in 792 Wickham Road Croydon in Croydon. The head office's postal code assigned to this location is CR0 8EA. This enterprise's declared SIC number is 10520 which means Manufacture of ice cream. Magic Foods Ltd released its latest accounts for the financial period up to December 31, 2021. The business latest confirmation statement was released on April 1, 2023.

The firm owes its accomplishments and constant progress to three directors, who are Leyla D., Seyfi D. and Serife D., who have been in charge of it since 2022/01/01.

Executives who control this firm include: Seyfi D. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Leyla D. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Serife D. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	19 574	19 893	8 910	22 328	15 063

Balance Sheet
Cash Bank On Hand						41 143	20 810	45 292	15 912	75 060	15 201	9 622
Current Assets	111 886	85 999	124 541	115 299	118 138	100 393	47 681	73 667	58 967	112 031	112 465	166 162
Debtors	20 680	13 402	15 597	15 275	4 500	7 666	7 526	10 250	23 205	21 796	24 804	36 455
Net Assets Liabilities						-6 408	26 322	56 916	35 500	54 569	70 636	98 095
Other Debtors						7 666	7 526	10 250	23 205	21 796	18 650	29 224
Property Plant Equipment						66 631	57 935	51 995	47 762	48 789	48 288	61 532
Total Inventories						59 250	19 345	18 125	19 850	15 175	72 460	120 085
Cash Bank In Hand	29 383	32 987	31 794	43 159	57 413
Net Assets Liabilities Including Pension Asset Liability	19 574	19 893	8 910	22 328	15 063
Stocks Inventory	61 823	39 610	77 150	56 865	56 225
Tangible Fixed Assets	65 852	72 760	63 318	62 914	74 910

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve	19 474	19 793	8 810	22 228	14 963
Shareholder Funds	19 574	19 893	8 910	22 328	15 063

Other Financial Data
Total Fixed Assets Additions				15 323	30 735
Total Fixed Assets Cost Or Valuation			150 598	165 921	196 656
Total Fixed Assets Depreciation			87 280	103 007	121 746
Total Fixed Assets Depreciation Charge In Period				15 727	18 739
Accrued Liabilities Not Expressed Within Creditors Subtotal					6 520	4 250
Accumulated Depreciation Impairment Property Plant Equipment						138 405	152 963	165 927	181 419	197 192	212 896	233 092
Additions Other Than Through Business Combinations Property Plant Equipment							5 862	7 024	11 259	16 800	15 203	33 440
Administrative Expenses						165 861	182 094
Average Number Employees During Period						7	7	11	8	8	7	6
Bank Borrowings Overdrafts										50 000	50 000	39 416
Comprehensive Income Expense						-24 696	32 730
Corporation Tax Payable						146	855	9 425			4 837	8 460
Cost Sales						755 449	821 145
Creditors					168 240	181 098	79 294	68 746	71 229	56 251	40 117	90 183
Depreciation Expense Property Plant Equipment						16 659	14 558
Depreciation Rate Used For Property Plant Equipment							20	20	20	20	20	20
Fixed Assets	65 852	72 760	63 318	62 914	74 910	66 631
Gross Profit Loss						136 875	219 852
Increase From Depreciation Charge For Year Property Plant Equipment							14 558	12 964	15 492	15 773	15 704	20 196
Net Current Assets Liabilities	-38 314	-45 054	-53 626	-40 586	-59 847	-73 039	-31 613	4 921	-12 262	55 780	72 348	75 979
Operating Profit Loss						-28 986	37 758
Other Creditors						108 350	40 040	22 166	18 673	16 542	17 712	25 829
Other Taxation Social Security Payable						4 560	16 331	17 976	9 371	9 706	13 460	23 653
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal					4 500	7 666
Profit Loss						-24 696	32 730
Profit Loss On Ordinary Activities Before Tax						-28 986	37 758
Property Plant Equipment Gross Cost						205 036	210 898	217 922	229 181	245 981	261 184	294 624
Tax Tax Credit On Profit Or Loss On Ordinary Activities						-4 290	5 028
Total Assets Less Current Liabilities	27 538	27 706	9 692	10 328	15 063	-2 158	26 322	56 916	35 500	104 569	120 636	137 511
Trade Creditors Trade Payables						68 042	22 068	19 179	43 185	30 003	4 108	32 241
Trade Debtors Trade Receivables											6 154	7 231
Turnover Revenue						892 324	1 040 997
Advances Credits Directors						53 100	35 415	15 406	15 840	16 542
Advances Credits Made In Period Directors						53 100	17 685	20 009	434
Creditors Due After One Year Total Noncurrent Liabilities			782	0
Creditors Due Within One Year Total Current Liabilities			178 167	155 885	177 985
Tangible Fixed Assets Additions		25 098	6 388	15 323	30 735
Tangible Fixed Assets Cost Or Valuation	119 112	144 210	150 598	165 921	196 656
Tangible Fixed Assets Depreciation	53 260	71 450	87 280	103 007	121 746
Tangible Fixed Assets Depreciation Charge For Period				15 727	18 739
Creditors Due After One Year	7 964	7 813	782
Creditors Due Within One Year	150 200	131 053	178 167
Tangible Fixed Assets Depreciation Charged In Period		18 190	15 830