Magnet (finance) Limited in Whalley Nr Blackburn, BB6 9RG

Description

Data updated on: 01-11-2023

This enterprise operates under the name of Magnet (finance) Limited. This firm was established fourty seven years ago and was registered with 01320035 as its reg. no. This particular office of the firm is based in Whalley Nr Blackburn. You may find them at Tanglewood, 4 Brookes Lane. The firm's declared SIC number is 64209 and has the NACE code: Activities of other holding companies n.e.c.. 2022-07-31 is the last time when company accounts were filed.

As stated, this particular limited company was incorporated in 1977 and has been led by six directors, and out this collection of individuals four (Michael S., Rebecca M., Helen M. and Agnes S.) are still functioning. Moreover, the director's tasks are regularly backed by a secretary - Agnes S..

Executives who control the firm include: Helen M. owns 1/2 or less of company shares. Rebecca M. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-07-31	2012-07-31	2013-07-31	2014-07-31	2015-07-31	2016-07-31	2017-07-31	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31	2023-07-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	369 976	368 822	369 426	371 341	371 723	371 919

Balance Sheet
Cash Bank In Hand	4 075	187 254	45 354	19 171	34 966	33 743
Cash Bank On Hand						33 743	18 152	5 116	2 968	2 651	1 634	1 183	483
Current Assets	48 203	197 954	53 036	73 734	84 676	38 110	21 636	8 165	4 452	2 651
Debtors	44 128	10 700	7 682	54 563	49 710	4 367	3 484	3 049	1 484
Net Assets Liabilities						371 919	374 849	377 186	376 844	373 515	370 242	368 276	366 023
Net Assets Liabilities Including Pension Asset Liability	369 976	368 822	369 426	371 341	371 723	371 919
Property Plant Equipment						730 000	730 701	730 350	965 052	965 052	965 052	965 052
Tangible Fixed Assets	1 076 900	730 680	730 500	730 350	730 250	730 000

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	14 177	13 023	13 627	15 542	15 924	16 120
Shareholder Funds	369 976	368 822	369 426	371 341	371 723	371 919

Other Financial Data
Accrued Liabilities Deferred Income						7 381	10 491	10 460	10 900		17 400	21 999	20 500
Accumulated Depreciation Impairment Property Plant Equipment						4 342	4 693	5 044	5 394	5 394	5 394	1 052
Bank Borrowings						29 167	4 167		176 191	158 874	140 835	122 191
Bank Borrowings Overdrafts						25 000	4 167		160 191	142 874	124 835	16 000
Corporation Tax Payable						8	1 112	657	167
Creditors						356 461	361 618	350 212	565 593	567 288	563 044	559 960	579 012
Creditors Due After One Year	723 883	531 969	380 263	388 573	403 716	356 461
Creditors Due Within One Year	31 294	27 893	33 897	44 170	39 487	39 730
Fixed Assets	1 076 950	730 730	730 550	730 350
Increase From Depreciation Charge For Year Property Plant Equipment							351	351	350
Investments Fixed Assets	50	50	50
Net Current Assets Liabilities	16 909	170 061	19 139	29 564	45 189	-1 620	5 766	-2 952	-22 615	-24 249	-31 766	-36 816	-20 017
Number Shares Allotted		100	100	100	100	100
Number Shares Issued Fully Paid							100	100	100	100	100	100	100
Other Remaining Borrowings						7 341	100
Par Value Share		1	1	1	1	1	1	1	1	1	1	1	1
Prepayments								500
Property Plant Equipment Gross Cost						734 342	735 394	735 394	970 446	970 446	970 446	965 052
Revaluation Reserve	355 699	355 699	355 699	355 699	355 699	355 699
Secured Debts	154 167	129 167	104 167	79 167	54 164	29 167
Share Capital Allotted Called Up Paid	100	100	100	100	100	100
Tangible Fixed Assets Additions		35 340
Tangible Fixed Assets Cost Or Valuation	1 085 620	734 342	734 342	734 342	734 342
Tangible Fixed Assets Depreciation	8 720	3 662	3 842	3 992	4 092	4 342
Tangible Fixed Assets Depreciation Charged In Period		544	180	150	100	250
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		5 602
Tangible Fixed Assets Disposals		386 618
Total Additions Including From Business Combinations Property Plant Equipment							1 052		235 052
Total Assets Less Current Liabilities	1 093 859	900 791	749 689	759 914	775 439	728 380	736 467	727 398	942 437	940 803	933 286	928 236	945 035
Other Creditors									405 402	424 414	438 209
Other Taxation Social Security Payable									167

Company staff

Agnes S.

Role: Secretary

Latest update: 18 March 2024

Michael S.

Role: Director

Appointed: 01 March 2015

Latest update: 18 March 2024

Rebecca M.

Role: Director

Appointed: 19 December 1995

Latest update: 18 March 2024

Helen M.

Role: Director

Appointed: 19 December 1995

Latest update: 18 March 2024

Agnes S.

Role: Director

Appointed: 16 February 1992

Latest update: 18 March 2024

People with significant control

Helen M.

Notified on 30 July 2016

Nature of control:

1/2 or less of shares

Rebecca M.

Notified on 30 July 2016

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	30 April 2024
Account last made up date	31 July 2022
Confirmation statement next due date	30 January 2024
Confirmation statement last made up date	16 January 2023

Annual Accounts 21 October 2014
Start Date For Period Covered By Report	01 August 2013
End Date For Period Covered By Report	31 July 2014
Date Approval Accounts	21 October 2014
Annual Accounts 5 November 2015
Start Date For Period Covered By Report	01 August 2014
End Date For Period Covered By Report	31 July 2015
Date Approval Accounts	5 November 2015
Annual Accounts 16 January 2017
Start Date For Period Covered By Report	01 August 2015
End Date For Period Covered By Report	31 July 2016
Date Approval Accounts	16 January 2017
Annual Accounts
Start Date For Period Covered By Report	01 August 2016
End Date For Period Covered By Report	31 July 2017
Annual Accounts
Start Date For Period Covered By Report	01 August 2017
End Date For Period Covered By Report	31 July 2018
Annual Accounts
Start Date For Period Covered By Report	01 August 2018
End Date For Period Covered By Report	31 July 2019
Annual Accounts
Start Date For Period Covered By Report	01 August 2019
End Date For Period Covered By Report	31 July 2020
Annual Accounts
Start Date For Period Covered By Report	01 August 2020
End Date For Period Covered By Report	31 July 2021
Annual Accounts
Start Date For Period Covered By Report	01 August 2021
End Date For Period Covered By Report	31 July 2022
Annual Accounts
Start Date For Period Covered By Report	01 August 2022
End Date For Period Covered By Report	31 July 2023
Annual Accounts 22 November 2012
End Date For Period Covered By Report	31 July 2012
Date Approval Accounts	22 November 2012
Annual Accounts 24 October 2013
End Date For Period Covered By Report	31 July 2013
Date Approval Accounts	24 October 2013

Magnet (finance) Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Agnes S.

Michael S.

Rebecca M.

Helen M.

Agnes S.

Audrey S.

Anna P.

People with significant control

Helen M.

Rebecca M.

Accounts Documents

Company filings

Filing category

Additional Information

Accountant/Auditor,
2015 - 2012

Name:

Address:

Post code:

City / Town:

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Magnet (finance) Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Agnes S.

Michael S.

Rebecca M.

Helen M.

Agnes S.

Audrey S.

Anna P.

People with significant control

Helen M.

Rebecca M.

Accounts Documents

Company filings

Filing category

Additional Information

Accountant/Auditor, 2015 - 2012

Name:

Address:

Post code:

City / Town:

Search other companies

Services (by SIC Code)

Company Age

Closest Companies - by postcode

Accountant/Auditor,
2015 - 2012