Magnetec Limited in Portsmouth, PO6 1SU

Description

Data updated on: 01-11-2023

Registered at Kkm Buildings Old Reservoir Road, Portsmouth PO6 1SU Magnetec Limited is classified as a Private Limited Company with 01940441 registration number. This company was launched 39 years ago. This enterprise's registered with SIC code 49410 and their NACE code stands for Freight transport by road. The company's most recent annual accounts describe the period up to 30th June 2023 and the most recent annual confirmation statement was filed on 22nd November 2022.

At the moment, there seems to be a solitary director in the company: Kevin M. (since 9th December 1992). Since 9th December 1992 Peter M., had been performing the duties for this specific business until the resignation on 31st August 2018.

Executives who control the firm include: Kevin M. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Peter M. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-06-30	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	7 752	50 761	46 937	107 095	162 133	180 597

Balance Sheet
Cash Bank In Hand	411	250	588	26 796	36 653	43 438
Cash Bank On Hand						43 438	78 335	185 067	62 604	90 990	96 798	138 175	84 905
Current Assets	200 364	203 007	209 486	225 818	260 192	325 071	332 438	396 453	241 617	208 234	261 108	320 585	293 126
Debtors	199 953	202 757	208 898	199 022	223 539	281 631	254 103	211 386	179 013	117 244	164 310	182 410	208 221
Net Assets Liabilities						180 599	183 989	167 470	148 471	131 536	165 339	203 883	204 080
Net Assets Liabilities Including Pension Asset Liability	7 752	50 761	46 937	107 095	162 133	180 597
Other Debtors						36 520	37 477	24 426	11 082	6 521	8 697	9 522	10 282
Property Plant Equipment						10 189	10 202	11 028	9 582	9 491	10 384	12 336
Tangible Fixed Assets	679	2 384	2 847	8 777	7 319	10 189

Capital & Reserves
Called Up Share Capital	5 000	5 000	5 000	5 000	5 000	5 000
Profit Loss Account Reserve	2 752	45 761	41 937	102 095	157 133	175 597
Shareholder Funds	7 752	50 761	46 937	107 095	162 133	180 597

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						5 231	7 360	9 861	12 257	14 358	16 670	18 381	20 900
Average Number Employees During Period							16	17	18	19	17	18	20
Creditors						152 778	156 833	238 051	102 728	86 189	104 180	126 694	98 228
Creditors Due Within One Year		154 630	165 107	125 744	104 103	152 778
Increase From Depreciation Charge For Year Property Plant Equipment							2 129	2 501	2 396	2 101	2 312	2 744	2 519
Net Current Assets Liabilities	7 073	48 377	44 379	100 074	156 089	172 291	175 605	158 402	138 889	122 045	156 928	193 891	194 898
Number Shares Allotted			5 000	5 000	5 000	5 000
Other Creditors						24 820	47 802	124 926	25 592	30 413	29 014	29 633	25 168
Other Taxation Social Security Payable						62 668	65 502	77 345	44 436	35 717	48 329	67 757	52 180
Par Value Share			1	1	1	1
Property Plant Equipment Gross Cost						15 420	17 562	20 889	21 839	23 849	27 054	30 717	32 236
Provisions For Liabilities Balance Sheet Subtotal						1 883	1 818	1 960			1 973	2 344	2 154
Provisions For Liabilities Charges			289	1 756	1 275	1 883
Share Capital Allotted Called Up Paid		5 000	5 000	5 000	5 000	5 000
Tangible Fixed Assets Additions		1 705	463	6 500	343	4 378
Tangible Fixed Assets Cost Or Valuation	2 236	3 941	4 404	10 699	11 042	15 420
Tangible Fixed Assets Depreciation	1 557	1 557	1 557	1 922	3 723	5 231
Tangible Fixed Assets Depreciation Charged In Period				569	1 801	1 508
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				204
Tangible Fixed Assets Disposals				205
Total Additions Including From Business Combinations Property Plant Equipment							2 142	3 327	950	2 010	3 205	5 413	1 519
Total Assets Less Current Liabilities	7 752	50 761	47 226	108 851	163 408	182 480	185 807	169 430	148 471	131 536	167 312	206 227	206 234
Trade Creditors Trade Payables						65 290	43 529	35 780	32 700	20 059	26 837	29 304	20 880
Trade Debtors Trade Receivables						245 113	216 626	186 960	167 931	110 723	155 613	172 888	197 939
Disposals Decrease In Depreciation Impairment Property Plant Equipment												1 033
Disposals Property Plant Equipment												1 750
Creditors Due Within One Year Total Current Liabilities	193 291	154 630
Fixed Assets	679	2 384

Company staff

Kevin M.

Role: Director

Appointed: 09 December 1992

Latest update: 1 March 2024

People with significant control

Kevin M.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Peter M.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 March 2025
Account last made up date	30 June 2023
Confirmation statement next due date	06 December 2023
Confirmation statement last made up date	22 November 2022

Annual Accounts 28 November 2014
Start Date For Period Covered By Report	01 July 2013
End Date For Period Covered By Report	30 June 2014
Date Approval Accounts	28 November 2014
Annual Accounts 2 November 2015
Start Date For Period Covered By Report	01 July 2014
End Date For Period Covered By Report	30 June 2015
Date Approval Accounts	2 November 2015
Annual Accounts 16 December 2016
Start Date For Period Covered By Report	01 July 2015
End Date For Period Covered By Report	30 June 2016
Date Approval Accounts	16 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 July 2016
End Date For Period Covered By Report	30 June 2017
Annual Accounts
Start Date For Period Covered By Report	01 July 2017
End Date For Period Covered By Report	30 June 2018
Annual Accounts
Start Date For Period Covered By Report	01 July 2018
End Date For Period Covered By Report	30 June 2019
Annual Accounts
Start Date For Period Covered By Report	01 July 2019
End Date For Period Covered By Report	30 June 2020
Annual Accounts
Start Date For Period Covered By Report	01 July 2020
End Date For Period Covered By Report	30 June 2021
Annual Accounts
Start Date For Period Covered By Report	01 July 2021
End Date For Period Covered By Report	30 June 2022
Annual Accounts
Start Date For Period Covered By Report	01 July 2022
End Date For Period Covered By Report	30 June 2023
Annual Accounts 15 November 2013
End Date For Period Covered By Report	30 June 2013
Date Approval Accounts	15 November 2013

Magnetec Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Kevin M.

Peter M.

Vivian W.

People with significant control

Kevin M.

Peter M.

Accounts Documents

Company filings

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