Magtec Electric Gates Limited in Loughborough, LE11 5RF

Websites

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www.magtecelectricgates.com

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www.magtecelectricgates.co.uk

Description

Data updated on: 01-11-2023

Located at 4 Bank Court, Loughborough LE11 5RF Magtec Electric Gates Limited is categorised as a Private Limited Company registered under the 04959361 Companies House Reg No. This firm was established twenty two years ago. This company's registered with SIC code 27900 which means Manufacture of other electrical equipment. Magtec Electric Gates Ltd reported its account information for the financial period up to 2022-06-30. The most recent annual confirmation statement was released on 2022-10-31.

On 2015-12-09, the enterprise was searching for a Gate Automation Engineer to fill a position in Leicester. They offered a job with wage from £18000.00 to £23000.00 per year.

2 transactions have been registered in 2012 with a sum total of £13,459. Cooperation with the Derbyshire County Council council covered the following areas: Building Materials and Buildings - Minor Improvements.

Maria-Isabel P. and Claudio P. are registered as the company's directors and have been working on the company success since 2021-07-06.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-06-30	2022-06-30	2023-06-30	2024-06-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	234 662	230 004	307 340	291 588	352 418	386 232

Balance Sheet
Cash Bank In Hand	84 661	82 438	114 187	127 781	141 963	155 481
Cash Bank On Hand						155 481	247 619	412 307	534 309	807 922	1 043 686	121 272	500 100	348 091
Current Assets	201 394	179 505	224 854	246 312	268 822	297 332	354 454	563 786	722 200	1 049 057	1 270 145	604 291	944 494	922 231
Debtors	105 443	79 567	94 810	102 411	113 359	120 901	86 635	125 779	162 291	142 135	142 858	399 319	356 574	497 770
Intangible Fixed Assets	24 500	17 800	11 100	5 400	2 700
Net Assets Liabilities						386 232	357 101	573 841	742 436	979 046	1 103 876	387 191	551 698	550 872
Net Assets Liabilities Including Pension Asset Liability	234 662	230 004	307 340	291 588	352 418	386 232
Other Debtors						12 264	11 438	16 560	7 573	18 183	27 429	37 232	36 286	44 919
Property Plant Equipment						28 407	44 213	62 748	133 386	112 217	112 619	147 541	305 720	281 912
Stocks Inventory	11 290	17 500	15 857	16 120	13 500	20 950
Tangible Fixed Assets	18 770	19 193	16 052	20 177	23 567	28 407
Total Inventories						20 950	20 200	25 700	25 600	99 000	83 601	83 700	87 820	76 370

Capital & Reserves
Called Up Share Capital	120	120	120	120	120	120
Profit Loss Account Reserve	234 542	229 884	307 220	291 468	352 298	386 112
Shareholder Funds	234 662	230 004	307 340	291 588	352 418	386 232

Other Financial Data
Amount Specific Advance Or Credit Directors								3 195	48	862
Amount Specific Advance Or Credit Made In Period Directors								955		80 743	110 995
Amount Specific Advance Or Credit Repaid In Period Directors									3 147	79 929	110 995
Accumulated Amortisation Impairment Intangible Assets						67 000	67 000	67 000	67 000	67 000	67 000	67 000	67 000
Accumulated Depreciation Impairment Property Plant Equipment						31 345	38 194	40 849	66 489	98 542	133 584	53 457	137 513	225 310
Additions Other Than Through Business Combinations Investment Property Fair Value Model								1 495
Amounts Owed By Group Undertakings												238 275	143 913	287 572
Average Number Employees During Period						10	12	17	18	15	16	19	20	20
Bank Borrowings Overdrafts							24
Capital Commitments						53 579
Creditors						90 387	87 648	74 858	82 731	56 267	2 606	19 158	155 973	157 552
Creditors Due After One Year		3 033	94 957	79 362	105 565	90 387
Creditors Due Within One Year	122 603	114 379	110 749	165 402	134 348	145 114
Disposals Decrease In Depreciation Impairment Property Plant Equipment							3 484	11 890	7 336	6 027	8 341	36 024	325	5 681
Disposals Investment Property Fair Value Model								1 495			200 000
Disposals Property Plant Equipment							5 700	20 235	15 041	28 929	10 998	48 569	649	8 483
Finance Lease Liabilities Present Value Total								11 794	34 912	18 714	2 606	19 158	16 438	16 438
Fixed Assets	159 813	171 750	291 403	294 098	328 222	330 362	284 041	302 576	373 214	312 217	112 619	147 541	305 720	281 912
Future Minimum Lease Payments Under Non-cancellable Operating Leases												45 677	32 171	31 977
Increase Decrease In Property Plant Equipment								22 037	86 787			40 156	207 358	52 000
Increase From Depreciation Charge For Year Property Plant Equipment							10 333	14 545	32 976	38 080	43 383	10 138	33 955	93 478
Intangible Assets Gross Cost						67 000	67 000	67 000	67 000	67 000	67 000	67 000	67 000
Intangible Fixed Assets Aggregate Amortisation Impairment	42 500	49 200	55 900	61 600	64 300	67 000
Intangible Fixed Assets Amortisation Charged In Period		6 700	6 700	5 700	2 700	2 700
Intangible Fixed Assets Cost Or Valuation	67 000	67 000	67 000	67 000	67 000
Investment Property						301 955	239 828	239 828	239 828	200 000
Investment Property Fair Value Model						301 955	239 828	239 828	239 828	200 000
Net Current Assets Liabilities	78 791	65 126	114 105	80 910	134 474	152 218	167 527	356 157	475 747	743 206	1 014 627	295 100	452 532	466 171
Number Shares Allotted		120	120	120	120	120
Other Creditors						90 387	87 648	63 064	47 819	37 553	10 648	75 945	92 709	65 087
Other Taxation Social Security Payable						78 320	81 772	120 593	110 823	184 025	173 121	139 931	225 856	225 603
Par Value Share		1	1	1	1	1
Property Plant Equipment Gross Cost						59 752	82 407	103 597	199 875	210 759	246 203	280 368	443 233	507 222
Provisions For Liabilities Balance Sheet Subtotal						5 961	6 819	10 034	23 794	20 110	20 764	36 292	50 581	39 659
Provisions For Liabilities Charges	3 942	3 839	3 211	4 058	4 713	5 961
Share Capital Allotted Called Up Paid	120	120	120	120	120	120
Tangible Fixed Assets Additions		7 348	3 309	9 656	10 104	14 175
Tangible Fixed Assets Cost Or Valuation	39 861	44 709	39 078	42 212	52 316	59 752
Tangible Fixed Assets Depreciation	21 091	25 516	23 026	22 035	28 749	31 345
Tangible Fixed Assets Depreciation Charged In Period		6 200	6 039	5 222	6 714	7 936
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		1 775	8 529	6 213		5 340
Tangible Fixed Assets Disposals		2 500	8 940	6 522		6 739
Total Additions Including From Business Combinations Property Plant Equipment							28 355	41 425	111 319	39 813	46 442	82 734	224 553	72 472
Total Assets Less Current Liabilities	238 604	236 876	405 508	375 008	462 696	482 580	451 568	658 733	848 961	1 055 423	1 127 246	442 641	758 252	748 083
Trade Creditors Trade Payables						32 694	57 564	45 271	55 836	70 611	59 238	82 697	140 659	124 786
Trade Debtors Trade Receivables						108 637	75 197	109 219	154 718	123 952	115 429	123 812	176 375	165 279
Advances Credits Directors			366		4 265	381
Advances Credits Made In Period Directors			366		4 265
Total Borrowings										54 249	15 117