Masterfix Gb Limited in London, W1H 6AY

Description

Data updated on: 01-11-2023

The company is widely known as Masterfix Gb Limited. This firm first started 18 years ago and was registered with 05683294 as its registration number. The headquarters of the company is situated in London. You may visit it at 7 Portman Mews South. This company changed its registered name already two times. Before 2009 this firm has delivered its services as V Star Property Services but currently this firm is listed under the name Masterfix Gb Limited. The company's declared SIC number is 81210 - General cleaning of buildings. 2022-12-31 is the last time when the company accounts were filed.

The trademark number of Masterfix Gb is UK00003138641. It was applied for in December, 2015 and its registration was finalised by Intellectual Property Office in April, 2016. The enterprise will use the trademark till December, 2025.

In order to be able to match the demands of its customer base, this company is continually led by a body of three directors who are Bina P., Matthew F. and Christopher B.. Their constant collaboration has been of great importance to the company for one year. To help the directors in their tasks, this company has been using the skills of Bina P. as a secretary for the last one year.

Previous company's names
Masterfix Gb Limited 2009-06-06
V Star Property Services Limited 2006-10-17
V Star Maintenance Company Ltd 2006-01-22

Trade marks

Trademark UK00003138641

Trademark UK00003138641

Trademark image:	-
Status:	Registered
Filing date:	2015-12-01
Date of entry in register:	2016-04-22
Renewal date:	2025-12-01
Owner name:	MASTERFIX GB LIMITED
Owner address:	7 Portman Mews South, LONDON, United Kingdom, W1H 6AY

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	-247 139	-14 892	96 246	390 898	584 640

Balance Sheet
Cash Bank On Hand					92 594	135 424	43 200	27 366	32 107	1 546 648	41 687	107 782
Current Assets	518 964	1 001 702	1 160 489	1 352 172	1 627 694	1 837 474	2 485 828	2 718 236	2 745 650	3 919 217	4 987 744	6 557 536
Debtors	443 015	856 649	998 998	1 070 631	1 408 425	1 601 608	2 211 046	2 461 856	2 368 701	1 651 288	4 474 864	5 936 314
Net Assets Liabilities						744 223	1 008 350	1 323 556	1 527 513	1 460 277	2 021 733	2 475 206
Other Debtors					90 870	91 570	96 996	264 742	165 183	44 419	43 275	47 719
Property Plant Equipment					110 406	67 591	67 397	119 496	128 276	158 497	180 305	141 072
Total Inventories					126 675	100 442	231 582	229 014	344 842	721 281	471 193
Cash Bank In Hand	30 862	70 740	83 466	169 087	92 594
Intangible Fixed Assets					80 328
Stocks Inventory	45 087	74 313	78 025	112 454	126 675
Tangible Fixed Assets	33 147	59 236	81 313	118 062	110 406

Capital & Reserves
Called Up Share Capital	50 000	50 000	50 000	50 000	50 000
Profit Loss Account Reserve	-297 139	-64 892	46 246	340 898	534 640
Shareholder Funds	-247 139	-14 892	96 246	390 898	584 640

Other Financial Data
Audit Fees Expenses										15 000	20 000	30 000
Accrued Liabilities Deferred Income									181 573	282 939	520 776	473 959
Accumulated Amortisation Impairment Intangible Assets					12 624	43 608	74 592	93 377	95 212	97 782	99 927	100 662
Accumulated Depreciation Impairment Property Plant Equipment					293 583	362 470	413 691	465 405	531 994	616 533	701 382	816 058
Additions Other Than Through Business Combinations Property Plant Equipment										114 760	106 657	75 443
Administrative Expenses									3 180 135	3 406 595	3 973 643	4 624 868
Amortisation Expense Intangible Assets									1 835	2 570
Amortisation Impairment Expense Intangible Assets									1 835	2 570	2 145	735
Amounts Owed By Group Undertakings									410 328		1 303 438	1 618 639
Amounts Owed By Related Parties					308 171	396 961	365 397	403 211	410 328
Average Number Employees During Period								66	79	98	104	122
Bank Borrowings										1 000 000	966 667	944 445
Bank Borrowings Overdrafts										950 000	766 667	777 778
Cash Cash Equivalents Cash Flow Value								27 366	32 107	1 546 648	41 687	107 782
Comprehensive Income Expense									203 957	-67 236	561 456	453 473
Corporation Tax Payable						50 340	77 904	70 535	73 124	90 974	127 974	84 829
Cost Sales									7 015 006	7 186 172	8 736 145	11 003 039
Creditors						1 189 337	1 548 919	1 495 446	1 327 785	950 000	766 667	777 778
Current Tax For Period									61 124	90 974	127 974	84 829
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period									2 444	5 493	3 932	-7 433
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences									2 444	5 493	3 932	-7 433
Depreciation Expense Property Plant Equipment									66 589	84 539
Depreciation Impairment Expense Property Plant Equipment									66 589	84 539	84 849	114 676
Description Nature Business Subsidiary											100
Dividends Paid					76 280	4 079
Dividends Paid On Shares								2 904
Fixed Assets				118 062	190 735	116 936	85 758	122 401	133 727	161 378	181 041	141 072
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities										-1 000 000	33 333	22 222
Further Item Operating Expense Loss Income Statement Item Component Operating Profit Loss										403 116
Further Item Tax Increase Decrease Component Adjusting Items									349	76 592	408	140
Future Minimum Lease Payments Under Non-cancellable Operating Leases								156 921	198 825	290 658	186 745	279 209
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables									170 250	-245 111	-519 135	-1 149 150
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables									-93 155	-717 413	2 823 576	1 461 450
Gain Loss In Cash Flows From Change In Inventories									115 828	376 439	-250 088	42 247
Government Grant Income										483 810
Gross Profit Loss									3 447 660	3 361 178
Income Taxes Paid Refund Classified As Operating Activities									-58 535	-73 124	-90 974	-115 665
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation											1 504 961	-66 095
Increase Decrease In Current Tax From Adjustment For Prior Periods												-12 309
Increase From Amortisation Charge For Year Intangible Assets						30 984	30 984	18 785	1 835	2 570	2 145	735
Increase From Depreciation Charge For Year Property Plant Equipment						68 887	51 221	51 714	66 589	84 539	84 849	114 676
Intangible Assets					80 328	49 344	18 360	2 904	5 450	2 880	735
Intangible Assets Gross Cost					92 952	92 952	92 952	96 281	100 662	100 662	100 662
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings										6 046
Interest Income On Bank Deposits												4
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss												4
Interest Paid Classified As Operating Activities											-19 202	-76 789
Interest Payable Similar Charges Finance Costs										6 046	19 202	76 789
Interest Received Classified As Investing Activities												-4
Investments Fixed Assets					1	1	1	1	1	1	1
Investments In Group Undertakings Participating Interests								1	1
Investments In Subsidiaries									1	1	1
Key Management Personnel Compensation Total									323 543	364 544	358 399	434 063
Net Cash Flows From Used In Operating Activities									-84 491	-629 301
Net Cash Generated From Operations									-143 026	-708 471	1 254 795	-356 210
Net Current Assets Liabilities	180 915	261 303	406 715	463 989	428 958	648 137	936 909	1 222 790	1 417 865	2 278 471	2 640 863	3 137 983
Net Finance Income Costs												4
Net Interest Paid Received Classified As Operating Activities										-6 046
Operating Profit Loss									267 525	35 277
Other Creditors					625 731	1 189 337	567 075	430 436	297 527	13 382	281 929	1 351 499
Other Interest Receivable Similar Income Finance Income												4
Other Operating Income Format1										483 810	87 559
Other Taxation Social Security Payable					264 837	278 326	308 734	358 290	330 937	772 634	502 083	621 015
Pension Other Post-employment Benefit Costs Other Pension Costs									66 294	77 163	85 545	99 594
Percentage Class Share Held In Subsidiary										100	100
Prepayments Accrued Income									125 701	85 446	205 799	544 875
Profit Loss					270 024	163 658	264 127	315 206	203 957	-67 236	561 456	453 473
Profit Loss On Ordinary Activities Before Tax									267 525	29 231	693 362	518 560
Profit Loss Subsidiaries										1 928
Property Plant Equipment Gross Cost					403 989	430 061	481 088	584 901	660 270	775 030	881 687	957 130
Provisions For Liabilities Balance Sheet Subtotal						20 850	14 317	21 635	24 079	29 572	33 504
Purchase Intangible Assets									-4 381
Purchase Property Plant Equipment									-75 369	-114 760	-106 657	-75 443
Raw Materials Consumables									38 500	41 836	41 836
Social Security Costs									344 575	375 289
Staff Costs Employee Benefits Expense									3 600 651	3 992 239	4 615 094	5 668 487
Taxation Including Deferred Taxation Balance Sheet Subtotal											33 504	26 071
Tax Expense Credit Applicable Tax Rate									50 830	5 554	131 739	98 526
Tax Increase Decrease Arising From Group Relief Tax Reconciliation									-363		-14 213	-45 369
Tax Increase Decrease From Effect Capital Allowances Depreciation									-1 960	-5 981	-4 340	5 354
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss									12 268	14 321	14 380	26 178
Tax Tax Credit On Profit Or Loss On Ordinary Activities									63 568	96 467	131 906	65 087
Total Additions Including From Business Combinations Property Plant Equipment						26 072	51 027	103 813	75 369
Total Assets Less Current Liabilities	214 062	320 539	488 028	582 051	619 693	765 073	1 022 667	1 345 191	1 551 592	2 439 849	2 821 904	3 279 055
Total Borrowings										950 000	766 667	777 778
Total Current Tax Expense Credit											127 974	72 520
Total Operating Lease Payments									161 989	192 473
Trade Creditors Trade Payables					308 168	419 488	595 206	636 185	626 197	430 817	714 119	721 584
Trade Debtors Trade Receivables					1 009 388	1 113 077	1 748 653	1 793 903	1 793 190	1 521 423	2 922 352	3 725 081
Turnover Revenue									10 462 666	10 547 350
Wages Salaries									3 189 782	3 539 787	4 094 734	5 000 343
Work In Progress									306 342	679 445	429 357
Company Contributions To Defined Benefit Plans Directors									9 424	10 487	9 996
Director Remuneration									314 119	354 057	353 604	434 063
Director Remuneration Benefits Including Payments To Third Parties									323 543	364 544	363 600	443 815
Creditors Due After One Year	461 201	329 196	380 122	170 322
Creditors Due Within One Year	338 049	740 399	753 774	888 183	1 198 736
Intangible Fixed Assets Additions					92 952
Intangible Fixed Assets Aggregate Amortisation Impairment					12 624
Intangible Fixed Assets Amortisation Charged In Period					12 624
Intangible Fixed Assets Cost Or Valuation					92 952
Number Shares Allotted		30 789	30 789	30 789	30 789
Par Value Share		1	1	1	1
Percentage Subsidiary Held					100
Provisions For Liabilities Charges		6 235	11 660	20 831	35 053
Share Capital Allotted Called Up Paid	30 789	30 789	30 789	30 789	30 789
Tangible Fixed Assets Additions					56 742
Tangible Fixed Assets Cost Or Valuation				347 247	403 989
Tangible Fixed Assets Depreciation				229 185	293 583
Tangible Fixed Assets Depreciation Charged In Period					64 398