Magscapes Limited, EC1V 4JB

Description

Data updated on: 01-11-2023

The business is registered in Finsbury with reg. no. 05822080. This firm was started in 2006. The headquarters of this company is located at 5 Albemarle Way London. The post code is EC1V 4JB. The company's Standard Industrial Classification Code is 17240 and has the NACE code: Manufacture of wallpaper. Magscapes Ltd released its latest accounts for the period up to 2022-05-31. The latest confirmation statement was filed on 2023-03-08.

From the data we have gathered, this limited company was established in 2006 and has so far been steered by three directors, and out of them two (Jennifer C. and Jeremy L.) are still participating in the company's duties. In order to support the directors in their duties, this limited company has been using the skills of Jeremy L. as a secretary for the last eleven years.

Jeremy L. is the individual who has control over this firm, owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-05-31	2012-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-108 796	-90 495		-47 691	-10 618	-2 789

Balance Sheet
Cash Bank On Hand							10 039	15 191	2 116	773	10 531
Current Assets		5 105	24 567	28 423	67 912	120 007	87 522	70 730	31 029	26 667	46 014	19 822	17 906
Debtors		4 683	2 149	3 546	2 669	22 174	54 963	24 509	7 960	10 211	20 294	7 350	4 891
Net Assets Liabilities							-24 301	-14 400	-32 790	-8 692	-20 156	-34 857	-39 086
Other Debtors							47 631	18 497		3 242	20 294	7 350	4 891
Property Plant Equipment							12 254	9 939	7 558	4 972	2 568	873	309
Total Inventories							22 520	31 030	20 953	15 683	15 189	13 509	13 015
Cash Bank In Hand		422	2 418	4 877	5 243	60 393
Net Assets Liabilities Including Pension Asset Liability	-108 796	-90 495	-69 179	-47 691	-10 618	-2 789
Stocks Inventory			20 000	20 000	60 000	37 440
Tangible Fixed Assets	295	202	368	265	88	14 416
Trade Debtors		4 683

Capital & Reserves
Called Up Share Capital	200	200	200	200	200	200
Profit Loss Account Reserve	-108 996	-90 695	-69 379	-47 891	-10 818	-2 989
Shareholder Funds	-108 796	-90 495		-47 691	-10 618	-2 789

Other Financial Data
Description Principal Activities													17 240
Version Production Software												2 022
Accrued Liabilities										1 050	1 000
Accrued Liabilities Not Expressed Within Creditors Subtotal											1 000	1 000
Accumulated Depreciation Impairment Property Plant Equipment							5 297	7 842	10 428	13 013	15 866	18 609	19 173
Additions Other Than Through Business Combinations Property Plant Equipment											449
Average Number Employees During Period									2	2	1	1	1
Bank Borrowings										16 509	40 000
Bank Borrowings Overdrafts	14 340	41 000					78 145	39 075	23 138	10 999	10 975	14 099	11 521
Corporation Tax Payable								6 012
Corporation Tax Recoverable								6 012	2 914	6 012
Creditors							78 145	45 382	25 321	23 822	27 738	31 852	39 898
Fixed Assets	295	202									2 568	873	309
Increase From Depreciation Charge For Year Property Plant Equipment								2 545	2 586	2 586	2 853		564
Loans From Directors										1 354	1 681
Net Current Assets Liabilities	-23 342	3 206	-33 390	-16 746	18 168	73 272	41 590	21 043	-15 027	2 845	17 276	-12 030	-21 992
Other Creditors							16 307	6 307	2 183	5 955	7 385	10 560	28 009
Other Taxation Social Security Payable								3 475	1 413
Profit Loss							-21 513	9 901
Property Plant Equipment Gross Cost							17 551	17 781	17 986	17 985	18 434	19 482	19 482
Recoverable Value-added Tax										3 242
Taxation Social Security Payable												3 795
Total Additions Including From Business Combinations Property Plant Equipment								230	205
Total Assets Less Current Liabilities	-23 047	3 408	-33 022	-16 481	18 256	87 688	53 844	30 982	-7 469	7 817	19 844	-12 495	-21 683
Trade Creditors Trade Payables							29 625	7 604	4 297	4 464	7 309	5 773	368
Trade Debtors Trade Receivables							7 332		5 046	957
Useful Life Property Plant Equipment Years													5
Value-added Tax Payable											388
Advances Credits Directors						10 452	14 256
Advances Credits Made In Period Directors							14 256
Advances Credits Repaid In Period Directors							3 132
Creditors Due After One Year	85 749	93 903	36 157	31 210	28 874	90 477
Creditors Due Within One Year	23 342	1 899	57 957	45 169	49 744	46 735
Number Shares Allotted	200	200			200	200
Par Value Share	1	1		1	1	1
Share Capital Allotted Called Up Paid	200	200	200	200	200	200
Tangible Fixed Assets Additions						16 663
Tangible Fixed Assets Cost Or Valuation	619	619	888	888	888	17 551
Tangible Fixed Assets Depreciation	324	417	520	623	800	3 135
Tangible Fixed Assets Depreciation Charged In Period		93		103	177	2 335
Accruals Deferred Income Within One Year	1 881	300
Capital Employed			-69 179	-47 691
Other Creditors After One Year	85 749	52 903
Taxation Social Security Due Within One Year	1 204	1 137
Trade Creditors Within One Year	5 917	462