Max & Max Limited in Ilford, IG1 2SN

Description

Data updated on: 01-11-2023

2004 signifies the establishment of Max & Max Limited, the firm which is located at 411 Ilford Lane, in Ilford. That would make 20 years Max & Max has prospered on the market, as it was created on Friday 6th February 2004. The company's registered no. is 05037097 and its post code is IG1 2SN. The enterprise's classified under the NACE and SIC code 56290: Other food services. Max & Max Ltd reported its account information for the financial year up to 31st March 2023. Its most recent annual confirmation statement was released on 5th October 2023.

At the moment, there seems to be only one director in the company: Marcellinius O. (since Friday 6th November 2015). For five years Marcellinius O., had been performing the duties for the business until the resignation nine years ago. In addition another director, including Nazma B. quit in October 2010. To provide support to the directors, this specific business has been utilizing the skills of Marcellinius O. as a secretary for the last nine years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-30	2013-03-31	2014-03-30	2014-03-31	2015-03-30	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	37 292	70 776	70 776	171 380	171 380	176 838	176 838	188 783

Balance Sheet
Cash Bank On Hand								38 694	31 728		5 872				3 058
Current Assets	55 947	80 763	80 763	93 158	93 158	136 340	136 340	156 730	164 228	141 500	153 472	144 400	116 400	88 400	81 458
Debtors	12 000	12 000	12 000	12 000	12 000	12 000	12 000	12 000	12 000	12 000	12 000	12 000	12 000	12 000	12 000
Net Assets Liabilities								188 783	211 550	195 080	212 765	211 567	195 646	129 526	144 241
Other Debtors	12 000	12 000	12 000	12 000	12 000	12 000	12 000	12 000	12 000	12 000	12 000	12 000	12 000	12 000	12 000
Property Plant Equipment								156 697	149 594	156 274	159 774	149 579	148 579	147 029	144 979
Total Inventories								106 036	120 500	129 500	135 600	132 400	104 400	76 400	66 400
Cash Bank In Hand	1 744	1 683	1 683	42 459	42 459	18 921	18 921	38 694
Net Assets Liabilities Including Pension Asset Liability	37 292	70 776	70 776	171 380	171 380	176 838	176 838	188 783
Stocks Inventory	42 203	67 080	67 080	38 699	38 699	105 419	105 419	106 036
Tangible Fixed Assets	91 374	91 937	91 937	88 437	88 437	160 887	160 887	156 697

Capital & Reserves
Profit Loss Account Reserve	37 292	70 776	70 776	77 380	77 380	82 838	82 838	94 783
Shareholder Funds	37 292	70 776	70 776	171 380	171 380	176 838	176 838	188 783

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment								47 408	54 511	52 331	48 831	52 331	55 831	59 331	64 331
Additions Other Than Through Business Combinations Property Plant Equipment										4 500		8 500	12 000	1 950	2 950
Average Number Employees During Period											10	10	10	5	5
Bank Borrowings	103 529	93 529	93 529			120 390	120 390	116 946	82 942	62 332	38 066	23 566
Bank Overdrafts										1 970		1 523	1 418	18 332
Corporation Tax Payable								4 500	11 981
Creditors								7 698	19 330	40 362	62 415	73 938	69 333	105 903	82 196
Increase From Depreciation Charge For Year Property Plant Equipment									7 103	3 603	-3 500	3 603	3 500	3 500	5 000
Net Current Assets Liabilities	55 947	80 763	80 763	93 158	93 158	136 341	136 341	149 032	144 898	101 138	91 057	70 462	47 067	-17 503	-738
Other Creditors								-2	7 349	7 349	7 349	42 349	42 349	42 349	42 349
Other Disposals Property Plant Equipment													9 500
Other Taxation Social Security Payable								3 200
Property Plant Equipment Gross Cost								204 105	204 105	208 605	208 605	217 105	204 410	206 360	209 310
Total Assets Less Current Liabilities	147 321	172 700	172 700	181 595	181 595	297 228	297 228	305 729	294 492	257 412	250 831	235 133	195 646
Trade Creditors Trade Payables										31 043	55 066	30 066	25 566	45 222	39 847
Administrative Expenses	85 808	106 333	106 333	146 260	146 260	194 724	194 724	217 613
Corporation Tax Due Within One Year								4 500
Cost Sales	783 417	1 043 048	1 043 048	1 755 124	1 755 124	2 092 466	2 092 466	2 405 256
Creditors Due After One Year	110 029	101 924	101 924	10 215	10 215	120 390	120 390	116 946
Creditors Due Within One Year						-1	-1	7 698
Depreciation Impairment Reversal Tangible Fixed Assets	8 682	8 682	8 682	3 500	3 500	3 500	3 500	4 190
Gross Profit Loss	89 777	142 085	142 085	157 157	157 157	220 792	220 792	250 168
Interest Payable Similar Charges	2 268	2 268	2 268	2 268	2 268	20 610	20 610	20 610
Obligations Under Finance Lease Hire Purchase Contracts After One Year	6 500	8 395	8 395	10 215	10 215
Operating Profit Loss	3 969	35 752	35 752	10 897	10 897	26 068	26 068	32 555
Other Creditors Due Within One Year						-1	-1	-2
Other Taxation Social Security Within One Year								3 200
Profit Loss For Period	1 701	33 484	33 484	6 604	6 604	5 458	5 458	11 945
Profit Loss On Ordinary Activities Before Tax	1 701	33 484	33 484	8 629	8 629	5 458	5 458	11 945
Revaluation Reserve				94 000	94 000	94 000	94 000	94 000
Tangible Fixed Assets Additions			13 245				75 950
Tangible Fixed Assets Cost Or Valuation	118 910		128 155		128 155		204 105	204 105
Tangible Fixed Assets Depreciation	27 536		36 218		39 718		43 218	47 408
Tangible Fixed Assets Depreciation Charged In Period			8 682		3 500		3 500	4 190
Tangible Fixed Assets Disposals			4 000
Tax On Profit Or Loss On Ordinary Activities				2 025	2 025
Turnover Gross Operating Revenue	873 194	1 185 133	1 185 133	1 912 281	1 912 281	2 313 258	2 313 258	2 655 424
U K Current Corporation Tax				2 025	2 025