Magnasoft Europe Ltd in Barnet, EN5 5TZ

Description

Data updated on: 01-11-2023

Magnasoft Europe began its operations in the year 2004 as a Private Limited Company registered with number: 05160594. The firm has been active for twenty years and it's currently active. The company's headquarters is situated in Barnet at 1 Beauchamp Court. You could also find the firm using the area code of EN5 5TZ. This business's SIC code is 82990 meaning Other business support service activities not elsewhere classified. Magnasoft Europe Limited reported its latest accounts for the financial period up to 2022-03-31. The firm's latest confirmation statement was filed on 2023-06-23.

Current directors officially appointed by this specific company are as follow: Ramesh T. arranged to perform management duties two years ago and Harmit K. arranged to perform management duties in 2004 in June.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2015-03-31	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
Net Worth	-49 882	-50 170	-72 022	-72 022

Balance Sheet
Cash Bank In Hand	288	288	288	288
Cash Bank On Hand				288	888	888	888	288	288	288	9 480
Current Assets	3 196	3 196	5 983	5 983	5 983	5 983	5 983	2 813	5 354	5 750	194 462
Debtors	2 852	2 852	5 039	5 039	5 039	5 039	5 039				184 982
Other Debtors				2 852	5 039	5 039	5 039				184 982
Property Plant Equipment										1 804

Capital & Reserves
Called Up Share Capital	1 000	1 000	1 000	1 000
Profit Loss Account Reserve	-50 882	-51 170	-73 022	-73 022
Shareholder Funds	-49 882	-50 170	-72 022	-72 022

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment											1 136
Administrative Expenses					8 556
Average Number Employees During Period					2
Creditors				78 005	87 561	90 710	98 577	99 367	104 119	108 299	312 468
Creditors Due Within One Year	53 078	53 366	78 005	78 005
Distribution Costs					1 000
Increase From Depreciation Charge For Year Property Plant Equipment											1 136
Net Current Assets Liabilities	-49 882	-50 170	-72 022	-72 022	-81 578	-84 727	-92 594	-96 554	-98 765	-102 549	-118 006
Number Shares Allotted		1 000		1 000
Number Shares Issued Fully Paid					1 000				1 000	1 000	1 000
Other Creditors				500	1 178	1 178	600	899	899	899	270
Other Taxation Social Security Payable				-748	-2 321	-2 321	-3 433
Par Value Share		1		1	1				1	1	1
Prepayments Accrued Income Current Asset	56	56	656	656
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal				656	56	56	56	2 525	5 066	5 462
Profit Loss					-9 556				-2 211	-1 980	-14 721
Profit Loss On Ordinary Activities Before Tax					-9 556
Property Plant Equipment Gross Cost										1 804	3 676
Share Capital Allotted Called Up Paid	1 000	1 000	1 000	1 000
Total Additions Including From Business Combinations Property Plant Equipment										1 804	1 872
Total Assets Less Current Liabilities	-49 882	-50 170	-72 022	-72 022	-81 578	-84 727	-92 594	-96 554	-98 765	-100 745	-115 466
Trade Creditors Trade Payables				78 253	88 704	91 853	101 410	98 468	103 220
Trade Debtors Trade Receivables				2 187

Company staff

Ramesh T.

Role: Director

Appointed: 07 September 2022

Latest update: 29 March 2024

Harmit K.

Role: Director

Appointed: 23 June 2004

Latest update: 29 March 2024

Swift Incorporations Limited

Role: Corporate Nominee Secretary

Appointed: 23 June 2004

Resigned: 23 June 2004

Address: London, NW8 8EP

Latest update: 29 March 2024

Jordan Company Secretaries Limited

Role: Corporate Secretary

Appointed: 23 June 2004

Resigned: 16 September 2010

Address: Bristol, BS1 6JS

Latest update: 29 March 2024

John G.

Role: Director

Appointed: 23 June 2004

Resigned: 08 January 2024

Latest update: 29 March 2024

Abhishek M.

Role: Director

Appointed: 23 June 2004

Resigned: 30 April 2008

Latest update: 29 March 2024

People with significant control

The companies that control this firm are as follows: Magnasoft Consulting India (P) Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Bangalore at Global Village Technology Park, Mylasandra Pattanagere Village, 560059 and was registered as a PSC under the registration number 26735.

Magnasoft Consulting India (P) Ltd

Address: Texas Building First Floor Global Village Technology Park, Mylasandra Pattanagere Village, Bangalore, 560059, India

Legal authority Companies Act,1956 (No.1 Of 1956)

Legal form Private Limited

Country registered India

Place registered India

Registration number 26735

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	07 July 2024
Confirmation statement last made up date	23 June 2023

Annual Accounts 28 December 2016
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Date Approval Accounts	28 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2016
End Date For Period Covered By Report	31 March 2017
Annual Accounts
Start Date For Period Covered By Report	01 April 2018
End Date For Period Covered By Report	31 March 2019
Annual Accounts
Start Date For Period Covered By Report	01 April 2019
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2021
End Date For Period Covered By Report	31 March 2022
Annual Accounts
Start Date For Period Covered By Report	01 April 2022
End Date For Period Covered By Report	31 March 2023
Annual Accounts 5 November 2013
End Date For Period Covered By Report	31 March 2013
Date Approval Accounts	5 November 2013

Magnasoft Europe Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Ramesh T.

Harmit K.

Swift Incorporations Limited

Jordan Company Secretaries Limited

John G.

Abhishek M.

People with significant control

Magnasoft Consulting India (P) Ltd

Accounts Documents

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