Masterpalm Properties Limited in Springhead, OL4 4QS

Description

Data updated on: 01-11-2023

Masterpalm Properties came into being in 1988 as a company enlisted under no 02291784, located at OL4 4QS Springhead at Stoneleigh House. The firm has been in business for thirty six years and its official state is active. The company's Standard Industrial Classification Code is 87900 and their NACE code stands for Other residential care activities n.e.c.. The firm's most recent annual accounts cover the period up to 2022-08-31 and the most current annual confirmation statement was submitted on 2022-12-28.

One of the tasks of Masterpalm Properties is to provide health care services. It has four locations in Greater Manchester County and Lancashire County. Brierfields in Manchester has operated since Wednesday 12th January 2011, and provides home care without nursing. The company caters for the needs of patients with dementia, people with mental health problems and older people. For further information, please call the following phone number: 01616815484. All the information concerning the firm can also be obtained on the phone number: 01616268167. Apart from its main unit in Manchester, the company also works in Hadfield House located in Oldham. The firm joined HSCA on 2011-01-12. As for the medical procedures included in the offer, the centre provides patients with accommodation for persons requiring nursing or personal care.

On Monday 23rd May 2016, the firm was looking for a Care Home Manager to fill a full time vacancy in the government and public sector in Oldham, North West. They offered a full time job with wage from £10.3 to £11.8 per hour. The offered position required managerial experience and vocational qualifications (e.g. SNVQ or NVQ).

In this particular company, most of director's responsibilities have been carried out by Ian M., Neil M., Gary M. and John M.. When it comes to these four executives, John M. has managed company the longest, having become a part of the Management Board on 1991-12-28. In addition, the managing director's duties are helped with by a secretary - John M..

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-08-31	2013-08-31	2014-08-31	2015-08-31	2016-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31	2023-08-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	758 941	633 288	617 894	632 996	580 900

Balance Sheet
Cash Bank On Hand					61 560	4 172	5 966	117 438	287 887	301 000	101 139	211 174
Current Assets	187 482	112 275	97 433	147 636	151 529	105 898	91 110	229 429	427 818	488 766	369 490	430 124
Debtors	110 290	109 875	96 237	99 963	89 969	101 726	85 144	111 991	139 931	187 766	268 351	218 950
Net Assets Liabilities					580 900	506 947	561 626	756 844	911 692	997 535	1 272 520	1 337 033
Other Debtors					78	157		11	865	721	1 866	405
Property Plant Equipment					1 505 254	1 493 175	1 469 153	1 455 632	1 437 009	1 415 704	1 394 161
Cash Bank In Hand	77 192	2 400	1 196	47 673	61 560
Net Assets Liabilities Including Pension Asset Liability	758 941	633 288	617 894	632 996	580 900
Tangible Fixed Assets	1 564 563	1 571 892	1 569 655	1 566 540	1 505 254

Capital & Reserves
Called Up Share Capital	100 000	100 000	100 000	100 000	100 000
Profit Loss Account Reserve	658 940	533 287	517 893	532 995	480 899
Shareholder Funds	758 941	633 288	617 894	632 996	580 900

Other Financial Data
Accrued Liabilities					66 645	68 896	47 058	60 063	86 105	84 779	88 996	114 529
Accumulated Depreciation Impairment Property Plant Equipment					683 713	707 745	731 974	759 327	783 638	806 923	831 532	855 497
Additions Other Than Through Business Combinations Property Plant Equipment							1 634
Amount Specific Bank Loan						523 475	486 466
Average Number Employees During Period						125	136	137	134	132	127	134
Bank Borrowings					560 102	523 475	486 466	450 003	412 058	371 148	27 745
Bank Overdrafts						64 918	25 377
Creditors					517 933	480 854	443 348	406 237	367 653	326 320	439 262	412 815
Depreciation Expense Property Plant Equipment						25 159	25 657
Disposals Decrease In Depreciation Impairment Property Plant Equipment						1 127	-995	586	1 475	1 820	1 510	1 800
Disposals Property Plant Equipment						1 127	-1 427	586	1 964	1 820	1 510	1 800
Further Item Creditors Component Total Creditors						310 372	270 876
Increase From Depreciation Charge For Year Property Plant Equipment						25 159	25 224	27 939	25 786	25 105	26 119	18 746
Net Current Assets Liabilities	-236 481	-364 029	-491 867	-325 990	-350 058	-450 445	-410 751	-238 651	-34 683	29 825	-69 772	17 309
Number Shares Issued Fully Paid						100 000	100 000	100 000	100 000	100 000	100 000	100 000
Other Creditors						29 106	51 668
Par Value Share		1	1	1	1		1	1	1	1	1	1
Prepayments						27 853	32 400
Property Plant Equipment Gross Cost					2 188 967	2 200 920	2 201 127	2 214 959	2 220 647	2 222 627	2 225 693	350 792
Provisions For Liabilities Balance Sheet Subtotal					56 363	54 929	53 428	53 900	53 384	52 436	51 869	51 032
Taxation Social Security Payable						10 297	16 768
Total Assets Less Current Liabilities	1 328 082	1 207 863	1 077 788	1 240 550	1 155 196	1 042 730	1 058 402	1 216 981	1 402 326	1 445 529	1 324 389	1 388 065
Total Borrowings					560 102	588 393	511 843	450 003
Trade Creditors Trade Payables					142 878	97 998	88 208	96 651	114 271	165 383	183 944	179 022
Trade Debtors Trade Receivables					40 357	72 648	52 743	79 176	105 115	148 776	219 659	182 545
Amount Specific Advance Or Credit Directors				386	6 401	1 068			983
Amount Specific Advance Or Credit Made In Period Directors					6 401	1 068			983
Amount Specific Advance Or Credit Repaid In Period Directors					386	6 401				983
Accruals Deferred Income	452
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss								472
Bank Borrowings Overdrafts					42 170	42 620	43 118	231 176	190 031	147 010	27 745
Capital Redemption Reserve	1	1	1	1	1
Corporation Tax Payable					35 365	29 106	51 668	85 067	78 790	71 259	115 708	86 034
Creditors Due After One Year	527 784	527 366	407 926	552 737	517 933
Creditors Due Within One Year	423 963	476 304	589 300	473 626	501 587
Dividends Paid								154 000	163 396	199 188	199 000	271 000
Number Shares Allotted		100 000	100 000	100 000	100 000
Other Taxation Social Security Payable					9 236	10 297	16 768	12 530	17 996	21 742		28 899
Prepayments Accrued Income					43 133	27 853	32 401	32 804	32 968	38 269	46 826	36 000
Profit Loss								349 218	318 244	285 031	473 985	335 513
Provisions							53 428	53 900
Provisions For Liabilities Charges	40 905	47 209	51 968	54 817	56 363
Secured Debts	560 156	626 663	575 445	594 343	560 102
Share Capital Allotted Called Up Paid	100 000	100 000	100 000	100 000	100 000
Tangible Fixed Assets Cost Or Valuation	2 185 901	2 210 480	2 226 862	2 240 254	2 188 967
Tangible Fixed Assets Depreciation	621 338	638 588	657 206	673 714	683 713
Total Additions Including From Business Combinations Property Plant Equipment						13 080		14 418	7 652	3 800	4 576	2 360
Accrued Liabilities Not Expressed Within Creditors Subtotal									69 597	69 238
Advances Credits Directors	323	1 242	1 970	386	6 401
Advances Credits Made In Period Directors	323	1 242	1 970	386
Advances Credits Repaid In Period Directors	1 611	323	1 242	1 970