Medaax Limited in Macclesfield, SK11 0ER

Description

Data updated on: 01-11-2023

This particular firm is based in Macclesfield registered with number: 06263579. This company was started in the year 2007. The headquarters of the company is located at River Mills Langley. The area code is SK11 0ER. The firm is known as Medaax Limited. It should be noted that the firm also was registered as Fleetness 552 until the company name was changed seventeen years ago. The company's registered with SIC code 46410, that means Wholesale of textiles. Its most recent accounts were submitted for the period up to 31st October 2022 and the latest annual confirmation statement was filed on 7th October 2023.

On 2nd July 2014, the company was seeking a Screen Printer to fill a full time post in Macclesfield, North West. They offered a full time job with salary £13416 per year. Medaax required candidates with less than one year of working experience.

As suggested by the company's register, since September 2020 there have been four directors to name just a few: Fay S., Luigi S. and Federica E..

Previous company's names
Medaax Limited 2007-09-03
Fleetness 552 Limited 2007-05-30

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31
Currency
Net Worth	668 723	761 799	845 832

Balance Sheet
Cash Bank On Hand			183 500	198 823	236 378	105 506	260 275	176 932	353 120
Current Assets	2 205 997	2 139 319	2 304 794	2 141 273	2 314 672	2 594 712	1 925 970	2 403 282	2 960 100
Debtors	997 374	998 725	1 117 718	1 043 778	963 880	1 236 865	745 439	1 248 852	1 461 356
Net Assets Liabilities			845 832	1 084 132	1 234 345	1 466 919	1 367 627	1 438 851	553 624
Other Debtors	101 564	88 065	190 924	84 700	105 484	158 143	129 175	205 902	155 231
Property Plant Equipment			914 817	909 546	918 846	889 641	1 037 099	1 064 702	1 206 656
Total Inventories			1 003 575	898 672	1 114 414	1 252 341	920 256	977 498	1 145 624
Cash Bank In Hand	10 114	162 852	183 501
Intangible Fixed Assets	7 499	4 999	2 499
Net Assets Liabilities Including Pension Asset Liability	668 723	761 799	845 832
Stocks Inventory	1 198 509	977 742	1 003 575
Tangible Fixed Assets	718 826	1 003 036	914 818
Trade Debtors	895 810	910 660	926 794

Capital & Reserves
Called Up Share Capital	100	100	91
Profit Loss Account Reserve	668 623	761 699	845 732
Shareholder Funds	668 723	761 799	845 832

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets			22 500	25 000	25 000	25 000	25 000	28 442	36 410
Accumulated Depreciation Impairment Property Plant Equipment			523 164	627 050	705 891	836 292	952 588	962 251	689 983
Additions Other Than Through Business Combinations Intangible Assets								37 550	21 669
Additions Other Than Through Business Combinations Property Plant Equipment				98 616	130 182	101 197	263 754	218 021	61 729
Administrative Expenses	1 104 773	1 280 874	1 240 802	1 138 434	1 242 264	1 479 006	1 192 245	967 851	1 541 269
Amortisation Expense Intangible Assets			2 500	2 500				3 442
Amounts Owed By Related Parties								59 359	60 331
Average Number Employees During Period			39	34	36	36	33	26	26
Bank Borrowings			311 151	131 877	36 881	25 000	529 601	280 348	180 955
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment								665 653	665 653
Comprehensive Income Expense						537 383	343 976	338 863
Cost Sales	3 648 760	3 366 371	2 979 493	3 408 481	3 567 493	3 287 256
Creditors			399 977	223 921	98 068	25 000	529 601	381 556	1 278 038
Depreciation Expense Property Plant Equipment			96 923	103 886		130 401	116 295	90 417
Disposals Decrease In Depreciation Impairment Property Plant Equipment					-42 042			-80 755	-71 557
Disposals Property Plant Equipment					-42 042			-180 755	-109 953
Dividends Paid			277 515	330 372	377 782	304 809	-429 515	-267 639
Finance Lease Liabilities Present Value Total			3 131	3 132					29 554
Financial Commitments Other Than Capital Commitments			92 480	58 938	58 938	211 105	175 357	140 856
Fixed Assets	726 325	1 008 035	917 317	909 547			1 037 099	1 098 810	1 254 465
Gross Profit Loss	1 737 196	1 842 748	1 640 062	1 756 874	1 677 478	1 995 321	1 301 856	1 090 512	1 896 785
Increase Decrease From Total Impairment Loss Recognised Or Reversed Property Plant Equipment									-337 844
Increase From Amortisation Charge For Year Intangible Assets				2 500				3 442	7 968
Increase From Depreciation Charge For Year Property Plant Equipment				103 886	120 883	130 401	116 296	90 418	137 133
Intangible Assets			2 500					34 108	47 809
Intangible Assets Gross Cost			25 000	25 000	25 000	25 000	25 000	62 550	84 219
Interest Payable Similar Charges Finance Costs			72 150	-4 141	-103 663	-52 966	-45 467	-52 695	5 196
Issue Equity Instruments							116 992
Net Current Assets Liabilities	372 267	236 020	404 755	478 295	492 702	687 467	951 806	834 797	684 754
Operating Profit Loss	632 423	561 874	399 260	618 440	435 214	516 315
Other Creditors			140 897	164 172	43 151	122 850	52 150	123 870	133 486
Other Interest Receivable Similar Income Finance Income								89	-628
Other Inventories			1 003 575	898 672	1 114 414	1 252 341	920 256	977 498	1 145 624
Other Operating Income Format1							106 001	114 138
Other Remaining Borrowings			85 695	92 044	98 068	655 566	399 553	358 537	1 000 039
Profit Loss			449 548	568 672	527 995	537 383	343 976	338 863	387 561
Profit Loss On Ordinary Activities Before Tax	599 513	537 857	377 651	622 581	538 877	569 281	261 079	289 583	349 692
Property Plant Equipment Gross Cost			1 437 981	1 536 597	1 624 737	1 725 933	1 989 687	2 026 953	1 896 639
Provisions For Liabilities Balance Sheet Subtotal			76 263	79 789	79 134	85 189	91 677	113 200	107 557
Taxation Social Security Payable			14 804	23 439	27 771	44 658	10 861	89 031	34 488
Tax Tax Credit On Profit Or Loss On Ordinary Activities			-71 898	53 909	10 882	31 898	-82 897	-49 280	-37 869
Total Assets Less Current Liabilities	1 098 592	1 244 055	1 322 072	1 387 842	1 411 547	1 577 108	1 988 905	1 832 399	1 939 219
Total Borrowings			399 977	223 921	98 068	25 000	529 601	381 556	1 278 038
Total Increase Decrease From Revaluations Property Plant Equipment									-82 090
Trade Creditors Trade Payables			1 055 956	1 025 192	1 187 373	1 084 171	511 600	997 047	1 121 300
Trade Debtors Trade Receivables			926 794	959 078	858 396	1 078 722	616 264	983 591	1 245 794
Turnover Revenue			4 619 554	5 165 355	5 244 971	5 282 577
Amount Specific Charitable Donation		8 000	3 289
Charitable Donations		11 813	3 390
Director Remuneration	85 375	80 673	78 773
Net Consideration Paid For Own Shares			88 000
Nominal Value Own Shares Purchased			9
Number Directors Accruing Benefits Under Defined Benefit Scheme	4	4	4
Number Own Shares Purchased			9
Percentage Called-up Share Capital Represented By Purchases During Period			9
Amortisation Intangible Assets Expense	2 500	2 500	2 500
Bank Borrowings Overdrafts	289 074	297 898	311 152
Capital Redemption Reserve			9
Commitments Under Non-cancellable Operating Leases Total	60 600	149 593	92 480
Corporation Tax Due Within One Year	133 927	62 497	41 242
Creditors Due After One Year	399 549	398 074	399 977
Creditors Due Within One Year	1 833 730	1 903 299	1 900 039
Depreciation Tangible Fixed Assets Expense	86 993	92 334	96 923
Difference Between Accumulated Depreciation Amortisation Capital Allowances	30 320	84 182	76 263
Dividends Withdrawn From Total Reserves		328 252	277 515
Foreign Exchange Gain Loss Recognised In Profit Loss	82 493	-98 899	-49 098
Increase Decrease In U K Corporation Tax Arising From Adjustment For Prior Periods		171	-105 221
Increase Decrease In U K Tax From Origination Reversal Timing Differences	16 829	53 862	-7 919
Intangible Fixed Assets Aggregate Amortisation Impairment	17 501	20 001	22 501
Intangible Fixed Assets Amortisation Charged In Period		2 500	2 500
Intangible Fixed Assets Cost Or Valuation	25 000	25 000	25 000
Interest Payable Similar Charges	32 910	24 017	21 609
Interim Payment	343 864	328 252	277 515
Leased Assets Included In Tangible Fixed Assets	79 378		75 586
Number Shares Allotted	100	100	91
Operating Leases Expiring After Five Years	38 000
Operating Leases Expiring Between Two Five Years	22 600	92 480	35 367
Operating Leases Expiring Within One Year		57 113	57 113
Other Creditors After One Year	110 475	100 176	85 694
Other Creditors Due Within One Year	573 774	653 737	650 334
Other Taxation Social Security Within One Year	31 884	38 359	14 805
Par Value Share		1	1
Pension Costs Defined Contribution Scheme	19 906	25 324	52 870
Percentage Turnover Attributable To Markets Outside U K	22	29	32
Profit Loss For Period	448 558	421 328	449 548
Provisions Charged Credited To Profit Loss Account During Period		53 862	-7 919
Provisions For Liabilities Charges	30 320	84 182	76 263
Purchase Own Shares Decrease Increase In Total Reserves			87 991
Tangible Fixed Assets Additions		404 044	38 424
Tangible Fixed Assets Cost Or Valuation	1 191 544	1 445 210	1 437 982
Tangible Fixed Assets Depreciation	472 718	442 174	523 164
Tangible Fixed Assets Depreciation Charged In Period		92 334	96 923
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		122 878	15 932
Tangible Fixed Assets Disposals		150 378	45 651
Tax On Profit Or Loss On Ordinary Activities	150 955	116 529	-71 897
Trade Creditors Within One Year	1 022 182	1 064 481	1 055 956
Turnover Gross Operating Revenue	5 385 956	5 209 119	4 619 555
U K Current Corporation Tax	134 126	62 667	-63 978
U K Current Corporation Tax On Income For Period	134 126	62 496	41 243
Value Shares Allotted	100	100	91