Mark Worthington Jewellers Ltd in Cheshire, SK9 5AE

Description

Data updated on: 01-11-2023

03730070 is a registration number for Mark Worthington Jewellers Ltd. This company was registered as a Private Limited Company on 1999-03-10. This company has existed in this business for the last 25 years. The firm can be found at 23 Water Lane Wilmslow in Cheshire. The company's post code assigned to this place is SK9 5AE. The company's classified under the NACE and SIC code 47770 meaning Retail sale of watches and jewellery in specialised stores. 2022-04-30 is the last time when account status updates were filed.

Due to this enterprise's constant development, it was necessary to formally appoint further executives: Harley W., Theodore W. and Charles W. who have been working as a team since 2021 to promote the success of the following firm.

Charles W. is the individual with significant control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-04-30	2017-04-30	2018-04-30	2019-04-30	2020-10-31	2021-04-30	2022-04-30	2023-04-30
Currency

Balance Sheet
Cash Bank On Hand	300	300	300	300	3 300 300	3 200 300	3 200 300	2 335 755
Current Assets	3 247 502	3 944 940	4 731 358	5 562 811	8 187 866	8 232 763	8 998 596	7 013 681
Debtors	24 875	25 083	23 635	30 269	8 343	25 252	15 451	46 793
Net Assets Liabilities	2 298 930	3 092 272	3 967 912	4 679 055	6 735 846
Other Debtors	24 875	25 083	3 407	6 403	1 325	1 000	1 000	1 000
Property Plant Equipment	170 707	141 075	112 563	84 051	34 120	14 500	498 368
Total Inventories	3 222 327	3 919 557	4 707 423	5 532 242	4 879 223	5 007 211	5 782 845

Other Financial Data
Audit Fees Expenses							10 000	8 500
Accrued Liabilities		11 910	9 475	7 710	30 632
Accrued Liabilities Deferred Income						10 488	10 003	11 300
Accumulated Depreciation Impairment Property Plant Equipment	232 051	261 683	290 195	318 707	377 014	396 634	418 723
Additions From Acquisitions Investment Property Fair Value Model								702 432
Additions Other Than Through Business Combinations Property Plant Equipment					8 376		505 957
Administrative Expenses						267 466	607 616	585 716
Average Number Employees During Period	13	12	13	12	13	13	11	11
Bank Borrowings Overdrafts						410 544	345 518	75 723
Banking Arrangements Classified As Cash Cash Equivalents						-410 544	-345 518	-75 723
Bank Overdrafts	27 442	325 446	59 919	198 319	230 633	410 544	345 518	75 723
Cash Cash Equivalents Cash Flow Value					3 069 667	2 789 756	2 854 782	2 260 032
Corporation Tax Payable						221 568	291 262	43 156
Cost Sales						5 874 162	11 440 682	6 788 959
Creditors	34 000	974 743	861 009	958 807	1 484 140	1 013 946	3 106 038	3 334 771
Current Tax For Period						136 762	291 262	43 156
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences						-2 000
Depreciation Expense Property Plant Equipment						19 620	22 089
Depreciation Impairment Expense Property Plant Equipment						19 620	14 500
Dividends Paid						69 000	2 066 000	1 688 000
Dividends Paid Classified As Financing Activities						-69 000
Dividends Paid On Shares Interim						69 000	2 066 000	1 688 000
Financial Liabilities	34 000
Finished Goods Goods For Resale						5 007 211	5 782 845	4 631 133
Further Item Tax Increase Decrease Component Adjusting Items						3 338	-42	-34
Future Minimum Lease Payments Under Non-cancellable Operating Leases						46 875	35 417	22 917
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables						16 909	-9 801	31 342
Gain Loss In Cash Flows From Change In Inventories						127 988	775 634	-1 151 712
Government Grant Income						51 322	20 037
Gross Profit Loss						927 744	2 302 386
Income Taxes Paid Refund Classified As Operating Activities						-499 486		-291 262
Increase Decrease In Current Tax From Adjustment For Prior Periods						-1 000
Increase From Depreciation Charge For Year Property Plant Equipment		29 632	28 512		58 307		22 089
Interest Income On Bank Deposits								14 499
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss								14 499
Interest Payable Similar Charges Finance Costs						9 377	199 936	236 786
Investment Property							498 368	1 200 800
Investment Property Fair Value Model							498 368	1 200 800
Net Cash Flows From Used In Operating Activities						12 278	-732 016	-1 205 182
Net Current Assets Liabilities	2 185 223	2 970 197	3 870 349	4 604 004	6 703 726	7 218 817	5 892 559	3 678 910
Net Finance Income Costs								14 601
Net Interest Paid Received Classified As Operating Activities						-9 377
Operating Profit Loss						711 600	1 714 807
Other Creditors	612 324	262 353	269 297	219 685	400 238	216 916	2 281 609	3 116 355
Other Interest Expense						9 377	199 936	236 786
Other Interest Income								102
Other Interest Receivable Similar Income Finance Income								14 601
Other Inventories	3 222 327	3 919 557	4 707 423	5 532 242	4 879 223
Other Operating Income Format1						51 322	20 037
Other Taxation Social Security Payable						75 433	103 245	50 010
Pension Other Post-employment Benefit Costs Other Pension Costs						8 736	15 892	21 326
Prepayments		20 297	20 228	23 866	7 018
Prepayments Accrued Income						24 252	14 451	45 793
Proceeds From Issuing Shares						-10
Profit Loss						566 461	1 223 609	176 783
Profit Loss On Ordinary Activities Before Tax						702 223	1 514 871	219 939
Property Plant Equipment Gross Cost	402 758	402 758	402 758	402 758	411 134	411 134	917 091
Provisions For Liabilities Balance Sheet Subtotal	23 000	19 000	15 000	9 000	2 000
Purchase Investment Properties							-505 957	-702 432
Purchase Property Plant Equipment							-505 957
Repayments Borrowings Classified As Financing Activities						-193 981
Social Security Costs						8 398	17 007
Staff Costs Employee Benefits Expense						152 302	292 755	272 699
Taxation Social Security Payable	301 596	275 011	301 236	306 599	710 268
Tax Expense Credit Applicable Tax Rate						133 422	287 825	42 888
Tax Tax Credit On Profit Or Loss On Ordinary Activities						135 762	291 262	43 156
Total Assets Less Current Liabilities	2 355 930	3 111 272	3 982 912	4 688 055	6 737 846	7 233 317	6 390 926	4 879 710
Total Borrowings	27 442	325 446	59 919	198 319	230 633	410 544	345 518	75 723
Total Current Tax Expense Credit						137 762	291 262
Total Operating Lease Payments						5 333	28 653
Trade Creditors Trade Payables	120 917	111 933	221 082	226 494	112 369	78 997	74 400	38 227
Turnover Revenue						6 801 906	13 743 068
Wages Salaries						135 168	259 856	234 119
Company Contributions To Defined Benefit Plans Directors							5 431
Director Remuneration						4 397	68 999	83 849
Director Remuneration Benefits Including Payments To Third Parties						4 397	74 430	90 337