Mark's Electrical Limited in Leicester, LE4 1AQ

Description

Data updated on: 01-01-2020

2002 signifies the start of Mark's Electrical Limited, the company which is located at 4 Boston Road, in Leicester. That would make 18 years Mark's Electrical has existed on the British market, as it was founded on 2002-06-18. The Companies House Registration Number is 04463433 and the company zip code is LE4 1AQ. The firm's principal business activity number is 47540 and has the NACE code: Retail sale of electrical household appliances in specialised stores. Mark's Electrical Ltd filed its latest accounts for the financial year up to 2019-03-31. The business most recent confirmation statement was filed on 2019-06-18.

We have a team of three directors managing this business at present, namely Oliver S., Jack S. and Mark S. who have been executing the directors duties for almost one year.

Mark S. is the individual with significant control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-30	2014-03-31	2015-03-31	2018-03-31	2019-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	1 887 033	1 949 130	2 425 728	2 425 728	3 045 956

Balance Sheet
Cash Bank On Hand						418 031	670 264
Current Assets	3 527 180	2 704 966	3 430 979	3 430 979	4 628 100	7 442 666	8 153 932
Debtors	1 494 614	699 068	777 119	777 119	962 996	2 633 363	2 711 553
Net Assets Liabilities						3 626 763	5 030 872
Other Debtors	143 685	339 207	143 685	143 685	269 710	1 569 164	1 278 600
Property Plant Equipment						4 861 668	5 472 606
Total Inventories						4 391 272	4 772 115
Cash Bank In Hand		4 217	274 787	274 787	301 996
Net Assets Liabilities Including Pension Asset Liability	1 887 033	1 949 130	2 425 728	2 425 728	3 045 956
Stocks Inventory	1 918 745	1 887 860	2 079 742	2 079 742	3 003 639
Tangible Fixed Assets	1 235 645	1 567 412	1 354 753	1 354 753	1 546 274
Trade Debtors	649 304	324 538	418 783	418 783	655 680

Capital & Reserves
Called Up Share Capital	6 100	6 100	6 100	6 100	6 100
Profit Loss Account Reserve	1 880 933	1 943 030	2 199 785	2 199 785	2 766 794
Shareholder Funds	1 887 033	1 949 130	2 425 728	2 425 728	3 045 956

Other Financial Data
Audit Fees Expenses	8 000	11 025	8 700	8 700	8 250	13 104	13 000
Director Remuneration	668 178	18 605	40 644	40 644	35 002	11 000	11 000
Dividend Recommended By Directors							352 000
Number Directors Accruing Benefits Under Money Purchase Scheme						1	1
Accrued Liabilities Deferred Income						1 377 422	1 321 203
Accumulated Depreciation Impairment Property Plant Equipment						1 005 086	944 415
Administrative Expenses	3 498 326	3 211 111	2 533 796			5 564 012	5 505 664
Applicable Tax Rate						19	19
Average Number Employees During Period						93	85
Bank Borrowings	141 838	251 581	204 506	204 506	182 035	2 197 015	1 980 565
Bank Borrowings Overdrafts	1 077 684	1 043 574	1 111 303	1 111 303	1 595 434	1 959 500	1 743 050
Bank Overdrafts	1 056 158	879 254		1 088 839	1 572 898	1 127 472	1 129 665
Cash Cash Equivalents Cash Flow Value						-709 441	-459 401
Comprehensive Income Expense						391 216	1 756 109
Corporation Tax Payable						83 500	265 659
Cost Sales	12 008 504	11 285 796	12 128 458			23 960 867	23 723 048
Creditors						2 344 041	1 760 910
Current Tax For Period						82 000	265 677
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws						-6 327
Depreciation Amortisation Expense						233 700	215 199
Depreciation Expense Property Plant Equipment						233 700	215 200
Disposals Decrease In Depreciation Impairment Property Plant Equipment							257 112
Disposals Property Plant Equipment							334 235
Distribution Costs	487 124	454 240	415 698			519 313	624 435
Dividends Paid						350 000	352 000
Dividends Paid Classified As Financing Activities						-350 000	-352 000
Dividends Paid On Shares Interim						350 000	352 000
Finance Lease Liabilities Present Value Total						134 541	17 860
Fixed Assets	1 235 645	2 340 564	2 127 905	2 127 905	2 319 426	5 419 830	6 137 673
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax							685 676
Further Item Interest Expense Component Total Interest Expense						4 888	4 579
Future Minimum Lease Payments Under Non-cancellable Operating Leases						218 287	212 750
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables						2 215 689	220 435
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables						-614 329	-78 190
Gain Loss On Disposal Assets Income Statement Subtotal							-29 121
Gain Loss On Disposals Property Plant Equipment						-35 380	-29 121
Gross Profit Loss	4 116 240	3 783 289	3 313 158			6 587 013	7 524 519
Income Taxes Paid Refund Classified As Operating Activities						-200 000	-82 000
Income Tax Expense Credit On Components Other Comprehensive Income							113 287
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation						298 532	250 040
Increase Decrease In Stocks Inventories Finished Goods Work In Progress						248 507	380 843
Increase From Depreciation Charge For Year Property Plant Equipment							215 200
Interest Expense On Bank Loans Similar Borrowings						56 321	56 321
Interest Expense On Bank Overdrafts						18 278	16 260
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts						9 680	4 712
Interest Paid Classified As Operating Activities						-79 487	-77 160
Interest Payable Similar Charges Finance Costs						89 167	81 872
Investments Fixed Assets		773 152	773 152	773 152	773 152	558 162	665 067
Merchandise						4 391 272	4 772 115
Net Cash Flows From Used In Financing Activities						-66 951	842 547
Net Cash Flows From Used In Investing Activities						1 571 793	169 583
Net Cash Flows From Used In Operating Activities						-1 803 374	-1 262 170
Net Cash Generated From Operations						-2 092 541	-1 426 042
Net Current Assets Liabilities	818 226	-132 853	556 151	556 151	1 264 525	809 474	1 021 852
Number Shares Issued But Not Fully Paid							600 000
Number Shares Issued Fully Paid							100
Operating Profit Loss	130 790	117 938	363 664			505 988	1 420 320
Other Comprehensive Income Expense Net Tax							572 389
Other Creditors						1 556	478
Other Deferred Tax Expense Credit						4 500	-4 044
Other Investments Other Than Loans						558 162	106 905
Other Operating Income Format1						2 300	25 900
Other Remaining Borrowings						100 000	224 625
Other Taxation Social Security Payable						51 639	37 692
Par Value Share		1		1	1		1
Payments Finance Lease Liabilities Classified As Financing Activities						-170 544	-148 722
Pension Other Post-employment Benefit Costs Other Pension Costs						13 588	26 388
Prepayments Accrued Income						38 167	212 999
Proceeds From Borrowings Classified As Financing Activities						-2 350 000
Proceeds From Sales Property Plant Equipment						-2 526 002	-48 002
Profit Loss						391 216	1 183 720
Profit Loss On Ordinary Activities Before Tax	86 556	88 148	330 910			477 716	1 445 353
Property Plant Equipment Gross Cost						5 866 754	6 417 021
Provisions						258 500	367 743
Provisions For Liabilities Balance Sheet Subtotal						258 500	367 743
Purchase Property Plant Equipment						-4 097 795	-217 585
Recoverable Value-added Tax							18 233
Repayments Borrowings Classified As Financing Activities						-1 762 505	-341 825
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment							-18 759
Social Security Costs	91 073	96 624	83 151			167 452	160 648
Staff Costs Employee Benefits Expense						2 210 104	2 133 478
Tax Expense Credit Applicable Tax Rate						90 766	274 617
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit							-17 598
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss						2 061	4 614
Tax Tax Credit On Profit Or Loss On Ordinary Activities						86 500	261 633
Total Additions Including From Business Combinations Property Plant Equipment							217 585
Total Assets Less Current Liabilities	2 053 871	2 207 711	2 684 056	2 684 056	3 583 951	6 229 304	7 159 525
Total Borrowings						3 324 487	3 110 230
Total Increase Decrease From Revaluations Property Plant Equipment							666 917
Total Operating Lease Payments						257 039	278 087
Trade Creditors Trade Payables						3 318 368	3 665 104
Trade Debtors Trade Receivables						1 026 032	1 201 721
Turnover Revenue						30 547 880	31 247 567
Wages Salaries	1 081 700	1 087 165	923 426			2 029 064	1 946 442
Advances Credits Directors	658 700	17 916		187 734
Advances Credits Made In Period Directors		323 071		169 818
Advances Credits Repaid In Period Directors		963 855			187 734
Company Contributions To Money Purchase Schemes Directors		200 000
Director Remuneration Benefits Including Payments To Third Parties	668 178	218 605		40 644
Accruals Deferred Income Within One Year	361 157	462 475	566 509	566 509	583 337
Adjustment For Prior Periods Leading To An Increase Decrease In Tax Charge		5 151
Capital Allowances In Excess Depreciation Leading To Decrease Increase In Tax	-14 000	-7 000	-11 850
Cash Flow Outflow From Change In Debt Lease Financing	24 907	-240 651	188 931
Cash Flow Outflow From Management Liquid Resources	-1 250		100 000
Commitments Under Non-cancellable Operating Leases Land Buildings	140 200	140 200	140 500	140 200	140 200
Corporation Tax Due Within One Year	367 785	306 685	293 315	293 315	243 597
Creditors Due After One Year	141 838	251 581	204 506	204 506	405 995
Creditors Due Within One Year	2 708 954	2 837 819	2 874 828	2 874 828	3 363 575
Current Asset Investments	113 821	113 821	299 331	299 331	359 469
Decrease Increase In Net Debt During Period	-163 564	-59 530	149 916
Depreciation Impairment Reversal Tangible Fixed Assets	241 680	251 075	237 312	237 312	196 709
Difference Between Accumulated Depreciation Amortisation Capital Allowances	25 000	7 000	-2 023	-2 023	81 865
Expenses Not Deductible For Tax Purposes	31 968	28 244	5 041
Finished Goods Goods For Resale	1 918 745	1 887 860	2 079 742	2 079 742	3 003 639
Increase Decrease In Net Cash For Period	-189 721	181 121	60 985
Increase Decrease In U K Corporation Tax Arising From Adjustment For Prior Periods		5 151
Interest Payable Similar Charges	44 234	29 869	32 754
Land Buildings Operating Leases Expiring After Five Years	107 200	107 200	107 500	107 200	59 800
Land Buildings Operating Leases Expiring Between Two Five Years					47 400
Land Buildings Operating Leases Expiring Within One Year	33 000	33 000	33 000	33 000	33 000
Leased Assets Included In Tangible Fixed Assets	7 000				381 019
Net Debt Funds	1 117 587	1 177 117	741 691	741 691	1 456 813
Number Shares Allotted		100		100	100
Obligations Under Finance Lease Hire Purchase Contracts After One Year					223 960
Obligations Under Finance Lease Hire Purchase Contracts Within One Year	11 886				116 849
Obligations Under Finance Leases Hire Purchase Contracts Between One To Two Years					223 960
Other Creditors Due Within One Year	70 154	58 246	80 614	80 614	178 280
Other Interest Receivable Similar Income		79
Other Taxation Social Security Within One Year	266 537	270 623	149 418	149 418	41 986
Pension Costs	600	-690
Prepayments Accrued Income Current Asset	42 925	17 407	26 917	26 917	37 606
Profit Loss For Period	62 583	62 097	256 755
Provisions Charged Credited To Profit Loss Account During Period	-27 000	-18 000	-18 845	-18 845	71 259
Provisions For Liabilities Charges	25 000	7 000	53 822	53 822	132 000
Revaluation Reserve			219 843	219 843	273 062
Revaluation Surplus In Period Investment Properties			219 843
Share Capital Allotted Called Up Paid	100	6 100	6 100	100	6 100
Staff Costs	1 173 373	1 183 099	1 006 577
Standard Nominal Tax Rate	26	24	23
Tangible Fixed Assets Additions		128 866		32 653	424 030
Tangible Fixed Assets Cost Or Valuation	2 078 928	2 595 041		2 619 694	2 828 624
Tangible Fixed Assets Depreciation	843 283	1 027 629		1 264 941	1 282 350
Tangible Fixed Assets Depreciation Charged In Period		230 637		212 639	188 762
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		66 729			196 027
Tangible Fixed Assets Disposals		119 558		8 000	215 100
Taxation Expense Credit	-33 200	105 151	106 370
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	22 505	21 156	76 109
Tax On Profit Or Loss On Ordinary Activities	23 973	26 051	74 155
Total Recognised Gain Loss For Period		62 097	476 598
Trade Creditors Within One Year	553 751	696 216	673 669	673 669	604 092
Turnover Gross Operating Revenue	16 124 744	15 069 085	15 441 616	15 441 616	20 947 204
U K Current Corporation Tax	50 973	44 051	93 000
U K Current Corporation Tax On Income For Period	50 973	38 900	93 000
U K Deferred Tax			-18 845
Undiscounted Provision For Deferred Taxation	25 000	7 000	53 822	53 822	132 000