Magna Blair Limited in Oadby, LE2 5LQ

Description

Data updated on: 01-11-2023

Magna Blair started its business in the year 2016 as a Private Limited Company under the following Company Registration No.: 10200937. This particular company has been prospering for 8 years and the present status is active. This company's head office is located in Oadby at 12 Mandervell Road. You can also find the firm by its zip code of LE2 5LQ. This company's declared SIC number is 45112 which stands for Sale of used cars and light motor vehicles. Magna Blair Ltd released its latest accounts for the period that ended on 2022/06/30. The company's latest confirmation statement was filed on 2023/05/25.

In order to be able to match the demands of their client base, this specific company is continually developed by a team of two directors who are Jagjit B. and Sukhbir B.. Their successful cooperation has been of critical importance to this specific company for 8 years.

Executives with significant control over the firm are: Jagjit B. owns 1/2 or less of company shares. Sukhbir B. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency

Balance Sheet
Cash Bank On Hand	6 546	113 033	187 821	574 493	458 706	512 949	610 842
Current Assets	260 366	466 455	991 451	1 367 220	1 609 547	1 834 807	2 009 549
Debtors		4 910	72 822	73 031	223 102	231 532	197 950
Net Assets Liabilities	61 404	86 999	228 110	423 550	615 686	763 018	820 639
Other Debtors		4 910	64 351	60 081	217 558	97 390	85 504
Property Plant Equipment	818	13 295	11 419	9 144	7 350	6 400	6 394
Total Inventories	253 820	348 512	730 808	719 696	927 739	1 090 326

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets				3 075	6 150	9 225	12 300
Accumulated Depreciation Impairment Property Plant Equipment	144	3 666	6 564	8 839	10 633	12 135	13 542
Acquired Through Business Combinations Property Plant Equipment			1 022
Additions Other Than Through Business Combinations Property Plant Equipment						552	1 401
Average Number Employees During Period	3		5	4	4	4	4
Bank Borrowings	56 500	51 417	132 257	273 734	240 922	162 353	120 043
Bank Borrowings Overdrafts	49 719	44 636	97 112	246 964	203 275	123 564	82 569
Corporation Tax Payable	19 874	28 475	38 946	77 743	136 197	164 471	111 486
Creditors	149 897	44 636	97 112	246 964	203 275	126 930	82 569
Dividends Paid	20 000	23 000	4 000
Dividends Paid On Shares				27 672
Fixed Assets	818		11 419	36 816	31 947	27 922	24 841
Further Item Creditors Component Total Creditors						3 366
Increase From Amortisation Charge For Year Intangible Assets				3 075	3 075	3 075	3 075
Increase From Depreciation Charge For Year Property Plant Equipment	144	3 522	2 898	2 275	1 794	1 502	1 407
Intangible Assets				27 672	24 597	21 522	18 447
Intangible Assets Gross Cost				30 747	30 747	30 747
Issue Equity Instruments	2
Net Current Assets Liabilities	110 469	119 472	314 356	633 916	787 014	862 026	878 367
Number Shares Issued Fully Paid		2	2
Other Creditors	112 175	118 724	111 822	145 492	149 249	209 089	394 388
Other Taxation Social Security Payable	3 826	11 819	650	34 131	48 417	20 720	22 718
Par Value Share		1	1
Profit Loss	81 402	48 595	145 111
Property Plant Equipment Gross Cost	962	16 961	17 983	17 983	17 983	18 535	19 936
Provisions For Liabilities Balance Sheet Subtotal	164	1 132	553	218
Total Additions Including From Business Combinations Property Plant Equipment	962	15 999
Total Assets Less Current Liabilities	111 287	132 767	325 775	670 732	818 961	889 948	903 208
Total Borrowings	49 719	44 636	97 112	246 964	203 275	123 564	82 569
Trade Creditors Trade Payables	7 241	181 184	490 532	449 168	451 023	539 712	565 116
Trade Debtors Trade Receivables			8 471	12 950	5 544	134 142	112 446
Amount Specific Advance Or Credit Directors	3 035
Amount Specific Advance Or Credit Made In Period Directors	13 035
Amount Specific Advance Or Credit Repaid In Period Directors	10 000

Company staff

Jagjit B.

Role: Director

Appointed: 26 May 2016

Latest update: 31 January 2024

Sukhbir B.

Role: Director

Appointed: 26 May 2016

Latest update: 31 January 2024

People with significant control

Jagjit B.

Notified on 21 February 2018

Nature of control:

1/2 or less of shares

Sukhbir B.

Notified on 16 February 2018

Nature of control:

right to manage directors

1/2 or less of shares

Jagjit B.

Notified on 6 April 2017

Ceased on 16 February 2018

Nature of control:

right to manage directors

Accounts Documents

Account next due date	31 March 2024
Account last made up date	30 June 2022
Confirmation statement next due date	08 June 2024
Confirmation statement last made up date	25 May 2023

Annual Accounts
Start Date For Period Covered By Report	2016-05-26
End Date For Period Covered By Report	2017-06-30
Annual Accounts
Start Date For Period Covered By Report	2017-07-01
End Date For Period Covered By Report	2018-06-30
Annual Accounts
Start Date For Period Covered By Report	2018-07-01
End Date For Period Covered By Report	2019-06-30
Annual Accounts
Start Date For Period Covered By Report	2019-07-01
End Date For Period Covered By Report	2020-06-30
Annual Accounts
Start Date For Period Covered By Report	2020-07-01
End Date For Period Covered By Report	2021-06-30
Annual Accounts
Start Date For Period Covered By Report	2021-07-01
End Date For Period Covered By Report	2022-06-30
Annual Accounts
Start Date For Period Covered By Report	2022-07-01
End Date For Period Covered By Report	2023-06-30

Magna Blair Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Jagjit B.

Sukhbir B.

People with significant control

Jagjit B.

Sukhbir B.

Jagjit B.

Accounts Documents

Company filings

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