Magnesium Metals & Charcoal Limited in Bridgnorth, WV15 6NY

Description

Data updated on: 01-11-2023

This Magnesium Metals & Charcoal Limited firm has been on the market for at least thirty three years, having started in 1991. Started with Registered No. 02647972, Magnesium Metals & Charcoal was set up as a Private Limited Company with office in 16 Greenway Avenue, Bridgnorth WV15 6NY. This enterprise's SIC code is 24450, that means Other non-ferrous metal production. Magnesium Metals & Charcoal Ltd reported its latest accounts for the period that ended on 2022/09/30. The firm's latest annual confirmation statement was submitted on 2023/09/23.

As for this particular firm, the full extent of director's duties have so far been performed by Richard T. who was chosen to lead the company in 1993 in September. The firm had been managed by Roy T. till November 2019. In addition another director, specifically Dorothy T. quit in August 2012.

Richard T. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30
Currency
Net Worth	284 552	291 986	315 899	336 765	309 045

Balance Sheet
Cash Bank On Hand						126 366	137 879	79 529	80 534	90 612	118 700	152 778	170 095
Current Assets	245 777	254 754	284 723	293 664	243 120	202 316	218 814	175 083	180 753	187 365	220 730	218 639	217 405
Debtors	55 869	52 904	62 151	108 241	100 512	41 100	42 255	46 884	49 749	47 703	48 995	35 236	20 716
Net Assets Liabilities						268 851	269 541	233 844	215 341	197 653	150 362	146 559	126 409
Other Debtors						7 917	5 290	9 602	11 561	13 830	5 535	1 744	932
Property Plant Equipment						91 276	84 976	80 095	79 263	74 728	30 111	26 802	23 899
Total Inventories						34 850	38 680	48 670	50 470	49 050	53 035	30 625	26 594
Cash Bank In Hand	120 408	135 250	150 372	117 405	131 508
Net Assets Liabilities Including Pension Asset Liability	284 552	291 986	315 899	336 765	309 045
Stocks Inventory	69 500	66 600	72 200	68 018	11 100
Tangible Fixed Assets	84 784	80 217	76 183	88 482	98 741

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve	284 452	291 886	315 799	336 665	308 945
Shareholder Funds	284 552	291 986	315 899	336 765	309 045

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						130 476	136 777	145 583	150 915	155 450	159 237	162 546	165 449
Additions Other Than Through Business Combinations Property Plant Equipment								773	4 500
Amounts Owed To Related Parties						485	2 155	2 965	25 406	34 598	69 985	92 775	109 992
Average Number Employees During Period						2	2	2	2	1	1	1	1
Creditors						21 062	28 276	21 334	44 675	64 440	94 931	98 882	114 895
Disposals Property Plant Equipment											-40 830
Increase From Depreciation Charge For Year Property Plant Equipment							6 301	5 653	5 332	4 535	3 787	3 309	2 903
Net Current Assets Liabilities	208 155	219 334	246 235	257 361	221 516	181 254	190 539	153 749	136 078	122 925	125 799	119 757	102 510
Other Creditors						2 150	4 838	6 811	2 953	2 955	2 951	3 101	3 101
Other Inventories						34 850	38 680	48 670	50 470	49 050	53 035	30 625	26 594
Prepayments											5 535	5 929	6 353
Property Plant Equipment Gross Cost						221 752	224 905	225 678	230 178	230 178	189 348	189 348	189 348
Provisions For Liabilities Balance Sheet Subtotal						3 679	5 973				5 548
Taxation Social Security Payable						15 149	19 842	8 919	12 949	8 529	6 665	584	553
Total Assets Less Current Liabilities	292 939	299 551	322 418	345 843	320 257	272 530	275 514	233 844		197 653	155 910	146 559
Trade Creditors Trade Payables						3 278	1 440	2 640	3 367	18 358	15 330	2 422	1 249
Trade Debtors Trade Receivables						33 183	36 965	37 283	38 188	33 873	43 460	27 563	13 431
Creditors Due Within One Year	37 622	35 420	38 488	36 303	21 604
Number Shares Allotted	100	51	51	51	51
Par Value Share		1	1	1	1
Provisions For Liabilities Charges	8 387	7 565	6 519	9 078	11 212
Share Capital Allotted Called Up Paid	100	51	51	51	51
Tangible Fixed Assets Additions				17 673	19 175
Tangible Fixed Assets Cost Or Valuation	188 057	188 057	188 057	205 730	224 905
Tangible Fixed Assets Depreciation	103 273	107 840	111 874	117 248	126 164
Tangible Fixed Assets Depreciation Charged In Period		4 567	4 034	5 374	8 916

Company staff

Richard T.

Role: Director

Appointed: 01 September 1993

Latest update: 19 May 2024