Magnatech Engineering Limited in Wimborne, BH21 2SE

Description

Data updated on: 01-11-2023

07660665 is the registration number of Magnatech Engineering Limited. The company was registered as a Private Limited Company on 7th June 2011. The company has existed on the market for thirteen years. The company may be contacted at 38 Middlehill Road Colehill in Wimborne. The company's postal code assigned to this address is BH21 2SE. The firm registered name change from Flowtech Sports to Magnatech Engineering Limited came on 8th March 2012. This business's Standard Industrial Classification Code is 25990 and their NACE code stands for Manufacture of other fabricated metal products n.e.c.. 2023-01-31 is the last time the company accounts were reported.

There is a solitary director at the current moment supervising the following company, specifically Jassim A. who's been executing the director's assignments for thirteen years. This company had been presided over by David E. up until 2012. As a follow-up another director, namely Stuart S. gave up the position in 2012.

Previous company's names
Magnatech Engineering Limited 2012-03-08
Flowtech Sports Limited 2011-06-07

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-01-31	2013-01-31	2014-01-31	2015-01-31	2016-01-31	2017-01-31	2018-01-31	2019-01-31	2020-01-31	2021-01-31	2022-01-31	2023-01-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	100	-18 390	1 276	11 664	34 224

Balance Sheet
Cash Bank In Hand	100	396	811	6 041	25 447
Cash Bank On Hand					25 447	28 053	63 852
Current Assets	100	5 296	33 144	101 795	85 922	107 953	110 235	105 147	117 572	129 756	145 790	128 730
Debtors		4 200	30 136	89 992	53 843	62 617	34 883
Intangible Fixed Assets		8 000	6 000	4 000	2 000
Net Assets Liabilities					34 224	35 033	32 985	24 410	3 665	3 811	4 765	5 798
Net Assets Liabilities Including Pension Asset Liability	100	-18 390	1 276	11 664	34 224
Property Plant Equipment					105 572	90 473	79 714
Stocks Inventory		700	2 000	5 000	5 000
Tangible Fixed Assets		35 165	37 857	63 709	105 572
Total Inventories					5 000	13 500	11 500

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve		-18 490	1 176	11 564	34 124
Shareholder Funds	100	-18 390	1 276	11 664	34 224

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets					8 000	10 000
Accumulated Depreciation Impairment Property Plant Equipment					43 833	63 702	81 755
Average Number Employees During Period						4	4	4	3	3	3	3
Bank Borrowings Overdrafts					467
Creditors					50 601	66 689	62 953	60 000	60 000	103 333	94 840	144 949
Creditors Due After One Year		43 748	53 199	58 458	50 601
Creditors Due Within One Year		23 103	22 526	91 646	100 638
Fixed Assets		43 165	43 857	67 709	107 572	90 473	79 714	72 969	60 967	48 069	80 470	134 998
Increase From Amortisation Charge For Year Intangible Assets						2 000
Increase From Depreciation Charge For Year Property Plant Equipment						19 869	18 053
Intangible Assets					2 000
Intangible Assets Gross Cost					10 000	10 000
Intangible Fixed Assets Additions		10 000
Intangible Fixed Assets Aggregate Amortisation Impairment		2 000	4 000	6 000	8 000
Intangible Fixed Assets Amortisation Charged In Period		2 000	2 000	2 000	2 000
Intangible Fixed Assets Cost Or Valuation		10 000	10 000	10 000
Net Current Assets Liabilities	100	-17 807	10 618	10 149	-14 716	17 334	20 940	11 441	2 698	59 075	19 135	15 749
Number Shares Allotted		100	100	100	100
Other Creditors					50 601	66 689	62 953
Other Taxation Social Security Payable					23 062	31 567	23 985
Par Value Share		1	1	1	1
Prepayments Accrued Income Current Asset			197	762	1 632
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal					1 632	3 783	6 196	2 819	4 306	4 795	4 565	5 932
Property Plant Equipment Gross Cost					149 405	154 175	161 469
Provisions For Liabilities Balance Sheet Subtotal					8 031	6 085	4 716
Provisions For Liabilities Charges				7 736	8 031
Share Capital Allotted Called Up Paid	100	100	100	100	100
Tangible Fixed Assets Additions		41 755	12 904	38 456	69 415
Tangible Fixed Assets Cost Or Valuation		41 755	54 659	93 115	149 405
Tangible Fixed Assets Depreciation		6 590	16 802	29 406	43 833
Tangible Fixed Assets Depreciation Charged In Period		6 590	10 212	12 604	21 446
Tangible Fixed Assets Depreciation Decrease Increase On Disposals					7 019
Tangible Fixed Assets Disposals					13 125
Total Additions Including From Business Combinations Property Plant Equipment						4 770	7 294
Total Assets Less Current Liabilities	100	25 358	54 475	77 858	92 856	107 807	100 654	84 410	63 665	107 144	99 605	150 747
Trade Creditors Trade Payables					27 242	29 489	22 871
Trade Debtors Trade Receivables					53 843	62 617	34 883

Company staff

Jassim A.

Role: Director

Appointed: 01 March 2012

Latest update: 30 March 2024

Elson Geaves Business Services Limited

Role: Corporate Secretary

Appointed: 07 June 2011

Resigned: 31 August 2011

Address: Bournemouth Airport, Christchurch, Dorset, BH23 6SE, United Kingdom

Latest update: 30 March 2024

David E.

Role: Director

Appointed: 07 June 2011

Resigned: 20 April 2012

Latest update: 30 March 2024

Stuart S.

Role: Director

Appointed: 07 June 2011

Resigned: 02 October 2012

Latest update: 30 March 2024

People with significant control

Jassim A. is the individual with significant control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Jassim A.

Notified on 1 July 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 October 2024
Account last made up date	31 January 2023
Confirmation statement next due date	20 June 2024
Confirmation statement last made up date	06 June 2023

Annual Accounts
Start Date For Period Covered By Report	01 February 2013
End Date For Period Covered By Report	31 January 2014
Annual Accounts 15 April 2015
Start Date For Period Covered By Report	01 February 2014
End Date For Period Covered By Report	31 January 2015
Date Approval Accounts	15 April 2015
Annual Accounts 24 June 2016
Start Date For Period Covered By Report	01 February 2015
End Date For Period Covered By Report	31 January 2016
Date Approval Accounts	24 June 2016
Annual Accounts
Start Date For Period Covered By Report	01 February 2016
End Date For Period Covered By Report	31 January 2017
Annual Accounts
Start Date For Period Covered By Report	01 February 2017
End Date For Period Covered By Report	31 January 2018
Annual Accounts
Start Date For Period Covered By Report	01 February 2018
End Date For Period Covered By Report	31 January 2019
Annual Accounts
Start Date For Period Covered By Report	01 February 2019
End Date For Period Covered By Report	31 January 2020
Annual Accounts
Start Date For Period Covered By Report	01 February 2020
End Date For Period Covered By Report	31 January 2021
Annual Accounts
Start Date For Period Covered By Report	01 February 2021
End Date For Period Covered By Report	31 January 2022
Annual Accounts
Start Date For Period Covered By Report	01 February 2022
End Date For Period Covered By Report	31 January 2023
Annual Accounts 17 June 2013
End Date For Period Covered By Report	31 January 2013
Date Approval Accounts	17 June 2013
Annual Accounts 13 May 2014
Date Approval Accounts	13 May 2014

Magnatech Engineering Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Jassim A.

Elson Geaves Business Services Limited

David E.

Stuart S.

People with significant control

Jassim A.

Accounts Documents

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies