Magnet Creative Design Limited in Newport, NP20 5NT

Description

Data updated on: 01-11-2023

Registered with number 03461753 27 years ago, Magnet Creative Design Limited is a Private Limited Company. The company's current mailing address is Summit House Unit 10, Waterside Court, Albany Street Newport. This business's SIC and NACE codes are 96090: Other service activities not elsewhere classified. 2022-02-28 is the last time when account status updates were filed.

Concerning this specific firm, the full range of director's responsibilities have so far been met by Neville R. who was formally appointed on Tuesday 25th November 1997. Moreover, the director's efforts are aided with by a secretary - Bethan R., who was chosen by the following firm twenty seven years ago.

Executives who have control over the firm are as follows: Neville R. owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights. Bethan R. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-02-28	2015-02-28	2016-02-28	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28	2023-02-28
Currency
Net Worth	-4 328	-3 818	-8 893

Balance Sheet
Cash Bank On Hand				52
Current Assets	9 045	14 127	13 088	14 578	5 395	1 352	1 980	2 060	2 060	1 760
Debtors	6 915	616	5 831	8 038	2 503	352	980	1 060	1 060	480
Net Assets Liabilities				-7 788	-12 760	-24 902	-34 870	-38 173	-47 161	-47 126
Property Plant Equipment				765	574	431	323	242	182	137
Total Inventories				6 488	2 892	1 000	1 000	1 000	1 000	1 280
Cash Bank In Hand	2 130	52	52
Net Assets Liabilities Including Pension Asset Liability	-4 328	-3 818	-8 893
Stocks Inventory		13 459	7 205
Tangible Fixed Assets	1 740	1 322	1 021

Capital & Reserves
Called Up Share Capital	100	100	100
Profit Loss Account Reserve	-4 428	-3 918	-8 993
Shareholder Funds	-4 328	-3 818	-8 893

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets							5 000	5 000	5 000	5 000
Accumulated Depreciation Impairment Property Plant Equipment				24 612	24 803	24 946	25 054	25 135	25 195	25 240
Amortisation Rate Used For Intangible Assets							10	10	10	10
Average Number Employees During Period				2	2	2		1	1
Bank Borrowings Overdrafts						10 076	9 287	7 295	9 803	9 255
Creditors				23 131	18 729	26 685	37 173	40 475	49 403	49 023
Depreciation Rate Used For Property Plant Equipment							25	25	25	25
Fixed Assets	1 740	1 322	1 021	765	574	431
Increase From Depreciation Charge For Year Property Plant Equipment					191	143	108	81	60	45
Intangible Assets Gross Cost							5 000	5 000	5 000	5 000
Net Current Assets Liabilities	-6 068	-5 140	-9 914	-8 553	-13 334	-25 333	-35 193	-38 415	-47 343	-47 263
Other Creditors						14 291	26 013	31 575	37 807	38 937
Other Taxation Social Security Payable						60	100	159	92	17
Property Plant Equipment Gross Cost				25 377	25 377	25 377	25 377	25 377	25 377	25 377
Total Assets Less Current Liabilities	-4 328	-3 818	-8 893	-7 788	-12 760	-24 902	-34 870	-38 173	-47 161	-47 126
Trade Creditors Trade Payables						2 258	1 773	1 446	1 701	814
Trade Debtors Trade Receivables						352	980	1 060	1 060	480
Creditors Due Within One Year	15 113	19 267	23 002
Intangible Fixed Assets Aggregate Amortisation Impairment	5 000	5 000
Intangible Fixed Assets Cost Or Valuation	5 000	5 000
Tangible Fixed Assets Additions		23	38
Tangible Fixed Assets Cost Or Valuation	25 316	25 339	25 377
Tangible Fixed Assets Depreciation	23 576	24 017	24 356
Tangible Fixed Assets Depreciation Charged In Period		441	339

Company staff

Bethan R.

Role: Secretary

Appointed: 25 November 1997

Latest update: 23 March 2024

Neville R.

Role: Director

Appointed: 25 November 1997

Latest update: 23 March 2024

People with significant control

Neville R.

Notified on 6 April 2016

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

Bethan R.

Notified on 6 April 2016

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	30 November 2023
Account last made up date	28 February 2022
Confirmation statement next due date	20 November 2023
Confirmation statement last made up date	06 November 2022

Annual Accounts 18 November 2015
Start Date For Period Covered By Report	2014-03-01
End Date For Period Covered By Report	2015-02-28
Date Approval Accounts	18 November 2015
Annual Accounts 21 November 2016
Start Date For Period Covered By Report	2015-03-01
End Date For Period Covered By Report	2016-02-28
Date Approval Accounts	21 November 2016
Annual Accounts
Start Date For Period Covered By Report	2017-03-01
End Date For Period Covered By Report	2018-02-28
Annual Accounts
Start Date For Period Covered By Report	2018-03-01
End Date For Period Covered By Report	2019-02-28
Annual Accounts
Start Date For Period Covered By Report	2019-03-01
End Date For Period Covered By Report	29 February 2020
Annual Accounts
Start Date For Period Covered By Report	2020-03-01
End Date For Period Covered By Report	28 February 2021
Annual Accounts
Start Date For Period Covered By Report	2021-03-01
End Date For Period Covered By Report	28 February 2022
Annual Accounts
Start Date For Period Covered By Report	2022-03-01
End Date For Period Covered By Report	28 February 2023

Magnet Creative Design Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Bethan R.

Neville R.

Highstone Secretaries Limited

Highstone Directors Limited

People with significant control

Neville R.

Bethan R.

Accounts Documents

Company filings

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