Majestic Laundrette Limited in Glasgow, G3 8TD

Description

Data updated on: 01-11-2023

Majestic Laundrette has been operating offering its services for at least 10 years. Established under no. SC490171, this firm is listed as a Private Limited Company. You can contact the office of this company during office times at the following address: 1110 Argyle Street, G3 8TD Glasgow. This company's principal business activity number is 96010 which means Washing and (dry-)cleaning of textile and fur products. The latest filed accounts documents cover the period up to October 31, 2022 and the most current confirmation statement was filed on October 30, 2022.

In this business, many of director's assignments have been executed by Allan G. and Linda G.. As for these two people, Allan G. has supervised business for the longest time, having become a vital part of officers' team on 2014-10-30.

Executives who control the firm include: Allan G. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Linda G. 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	2015-10-31	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31
Currency
Net Worth	-7 897	5 720

Balance Sheet
Cash Bank In Hand	13 792	55 673
Cash Bank On Hand		55 673	71 971	48 416	39 391	78 551	91 177	29 314
Current Assets	29 839	74 904	88 412	63 186	66 220	86 342	112 040	58 047
Debtors	14 124	18 197	15 891	13 570	25 729	6 691	19 763	27 633
Intangible Fixed Assets	31 500	28 000
Net Assets Liabilities		5 720	19 981	47 847	55 681	49 263	63 456	5 397
Net Assets Liabilities Including Pension Asset Liability	-7 897	5 720
Other Debtors		2 184	487
Property Plant Equipment		7 044	3 681	2 818	2 488	3 757	7 558	43 824
Stocks Inventory	1 923	1 034
Tangible Fixed Assets	9 157	7 044
Total Inventories		1 034	550	1 200	1 100	1 100	1 100	1 100

Capital & Reserves
Called Up Share Capital	2	2
Profit Loss Account Reserve	-7 899	5 718
Shareholder Funds	-7 897	5 720

Other Financial Data
Accrued Liabilities			5 617	4 416	3 955	3 644	2 116	3 387
Accumulated Amortisation Impairment Intangible Assets		7 000	10 500	14 000	17 500	21 000	24 500	28 000
Accumulated Depreciation Impairment Property Plant Equipment		4 227	2 590	3 453	3 783	4 170	4 605	8 339
Additional Provisions Increase From New Provisions Recognised					-63	241		6 891
Amounts Owed To Directors			62 927	14 114
Average Number Employees During Period			8	8	7	7	5	5
Corporation Tax Payable			4 749	6 700	2 358		7 203	5 923
Creditors		102 828	95 912	38 622	30 054	25 000	41 667	61 690
Creditors Due Within One Year	78 393	102 828
Disposals Decrease In Depreciation Impairment Property Plant Equipment			2 500
Disposals Property Plant Equipment			5 000
Fixed Assets	40 657	35 044	28 181	23 818	19 988	17 757	18 058	50 824
Future Minimum Lease Payments Under Non-cancellable Operating Leases		22 729	22 729	22 854
Increase From Amortisation Charge For Year Intangible Assets			3 500	3 500	3 500	3 500	3 500	3 500
Increase From Depreciation Charge For Year Property Plant Equipment			863	863	330	387	435	3 734
Intangible Assets		28 000	24 500	21 000	17 500	14 000	10 500	7 000
Intangible Assets Gross Cost		35 000	35 000	35 000	35 000	35 000	35 000
Intangible Fixed Assets Additions	35 000
Intangible Fixed Assets Aggregate Amortisation Impairment	3 500	7 000
Intangible Fixed Assets Amortisation Charged In Period	3 500	3 500
Intangible Fixed Assets Cost Or Valuation	35 000
Merchandise				1 200	1 100	1 100	1 100	1 100
Net Current Assets Liabilities	-48 554	-27 924	-7 500	24 564	36 166	57 220	88 501	24 590
Number Shares Allotted	2	2
Number Shares Issued Fully Paid					2	2	2	2
Other Creditors		85 271	78 544
Other Taxation Social Security Payable		16 219	1 168	1 353		426	-1 302	1 037
Par Value Share	1	1			1	1	1	1
Prepayments			487	1 269	966
Property Plant Equipment Gross Cost		11 271	6 271	6 271	6 271	7 927	12 163	52 163
Provisions				536	473	714	1 436	8 327
Provisions For Liabilities Balance Sheet Subtotal		1 400	700	536	473	714	1 436	8 327
Provisions For Liabilities Charges		1 400
Share Capital Allotted Called Up Paid	2	2
Tangible Fixed Assets Additions	11 271
Tangible Fixed Assets Cost Or Valuation	11 271
Tangible Fixed Assets Depreciation	2 114	4 227
Tangible Fixed Assets Depreciation Charged In Period	2 114	2 113
Total Assets Less Current Liabilities	-7 897	7 120	20 681	48 383	56 154	74 977	106 559	75 414
Trade Creditors Trade Payables		1 338	1 542	1 371
Trade Debtors Trade Receivables		16 013	15 404	12 301	24 763	4 325	19 763	27 633
Value-added Tax Payable			9 909	10 668
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss							722
Bank Borrowings						25 000	5 000	5 000
Bank Borrowings Overdrafts						25 000	41 667	31 667
Finance Lease Liabilities Present Value Total								30 023
Prepayments Accrued Income						2 366
Total Additions Including From Business Combinations Property Plant Equipment						1 656	4 236	40 000

Company staff

Allan G.

Role: Director

Appointed: 30 October 2014

Latest update: 27 February 2024

Linda G.

Role: Director

Appointed: 30 October 2014

Latest update: 27 February 2024

People with significant control

Allan G.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Linda G.

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 July 2024
Account last made up date	31 October 2022
Confirmation statement next due date	13 November 2023
Confirmation statement last made up date	30 October 2022

Annual Accounts 10 March 2016
Start Date For Period Covered By Report	30 October 2014
End Date For Period Covered By Report	31 October 2015
Date Approval Accounts	10 March 2016
Annual Accounts 17 March 2017
Start Date For Period Covered By Report	01 November 2015
End Date For Period Covered By Report	31 October 2016
Date Approval Accounts	17 March 2017
Annual Accounts
Start Date For Period Covered By Report	01 November 2016
End Date For Period Covered By Report	31 October 2017
Annual Accounts
Start Date For Period Covered By Report	01 November 2017
End Date For Period Covered By Report	31 October 2018
Annual Accounts
Start Date For Period Covered By Report	01 November 2018
End Date For Period Covered By Report	31 October 2019
Annual Accounts
Start Date For Period Covered By Report	01 November 2019
End Date For Period Covered By Report	31 October 2020
Annual Accounts
Start Date For Period Covered By Report	01 November 2020
End Date For Period Covered By Report	31 October 2021
Annual Accounts
Start Date For Period Covered By Report	01 November 2021
End Date For Period Covered By Report	31 October 2022

Majestic Laundrette Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Allan G.

Linda G.

People with significant control

Allan G.

Linda G.

Accounts Documents

Company filings

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