Medical Research Network Limited in Milton Keynes, MK8 0ES

Description

Data updated on: 01-11-2023

Medical Research Network started conducting its business in 2006 as a Private Limited Company under the following Company Registration No.: 05973016. The business has been active for 18 years and it's currently active. This company's registered office is based in Milton Keynes at Talon House Presley Way. You could also locate this business using the postal code, MK8 0ES. This enterprise's Standard Industrial Classification Code is 86900 - Other human health activities. 2021-12-31 is the last time the accounts were reported.

Due to this particular company's size, it was necessary to choose additional directors: Elaine W., Stuart R. and Graham W. who have been aiding each other since 2016 to promote the success of the following firm. Furthermore, the director's responsibilities are supported by a secretary - Susan A., who was selected by this firm ten years ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-10-31	2013-10-31	2014-10-31	2015-10-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31
Currency
Net Worth			-225 143	286 952

Balance Sheet
Cash Bank On Hand					1 029 706	212 040	298 216	2 658 881
Current Assets	908 847	973 386	1 249 571	2 901 802	4 725 735	4 321 113	5 641 793	13 857 548
Debtors	865 364	754 747	1 215 222	2 568 676	3 682 848	4 103 125	5 333 393	11 079 318
Net Assets Liabilities					1 048 843	-257 150	-228 048	4 413 519
Other Debtors					2 598 330	3 082 919	264 397	356 684
Property Plant Equipment					297 686	323 473	336 078	1 119 002
Total Inventories					13 181	5 948	10 184	119 349
Cash Bank In Hand	43 483	218 639	34 349	333 126
Net Assets Liabilities Including Pension Asset Liability	-44 098	-273 291	-225 143
Tangible Fixed Assets	91 421	96 154	61 380	108 113

Capital & Reserves
Called Up Share Capital	1 328	1 328	1 328	1 328
Profit Loss Account Reserve	-140 906	-370 099	-321 951	190 144
Shareholder Funds			-225 143	286 952

Other Financial Data
Audit Fees Expenses					10 819	8 400	12 600	20 650
Accrued Liabilities Deferred Income					1 135 160	189 245	924 860	9 227
Accumulated Amortisation Impairment Intangible Assets					7 561	39 530	117 003	225 479
Accumulated Depreciation Impairment Property Plant Equipment					330 607	490 921	543 461	602 086
Additions Other Than Through Business Combinations Intangible Assets						3 881	137 029	45 500
Additions Other Than Through Business Combinations Property Plant Equipment						186 102	210 843	1 069 843
Administrative Expenses					7 776 422	9 923 385	12 309 989	17 742 119
Amortisation Expense Intangible Assets						31 969	77 473	108 476
Amounts Owed To Directors						105 278	112 233
Amounts Owed To Group Undertakings					1 227	16 055	2 166 112	1 872 611
Average Number Employees During Period					72	97	104	116
Comprehensive Income Expense					467 837	-1 305 993	29 102	4 641 567
Corporation Tax Payable					92 855			786 971
Corporation Tax Recoverable						79 007	79 010
Cost Sales					7 570 477	6 915 297	8 386 867	14 365 615
Creditors					193 757	5 121 866	107 565	9 227
Current Tax For Period					92 855	-79 001		966 172
Debentures In Issue							235 267
Deferred Income					193 757	214 593	332 658	1 485 626
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period						73 539	-52 579
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences					12 553	-34 040	43 342	165 049
Depreciation Expense Property Plant Equipment						160 314	168 660	234 415
Derivative Liabilities						355 446
Dividends Paid					22 000
Factored Debts Outstanding						3 082 919	4 552 770
Finance Lease Liabilities Present Value Total							57 009	58 581
Finance Lease Payments Owing Minimum Gross							100 301	58 581
Financial Commitments Other Than Capital Commitments						7 413 531
Finished Goods Goods For Resale					13 181	5 948	10 184	119 349
Fixed Assets	91 421	96 799	62 025	108 758	427 003	543 603	701 299	1 510 933
Further Item Interest Expense Component Total Interest Expense							1 246	2 261
Further Item Tax Increase Decrease Component Adjusting Items					1 099	1 309	2 360	36 097
Future Minimum Lease Payments Under Non-cancellable Operating Leases					302 099	237 367	235 585	1 210 424
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss					366 004	-127 774	-238 191	-423 723
Gain Loss On Disposals Property Plant Equipment							-14 791	-50 868
Gain Loss On Hedging Instruments Designated As Fair Value Hedges					86 878	-442 324
Gross Profit Loss					8 092 415	8 884 032	12 508 333	23 666 121
Impairment Loss Reversal On Investments						442 324
Increase Decrease In Amortisation Impairment Intangible Assets								51 007
Increase Decrease In Current Tax From Adjustment For Prior Periods								-434
Increase Decrease In Intangible Assets								89 686
Increase From Amortisation Charge For Year Intangible Assets						31 969	77 473	108 476
Increase From Depreciation Charge For Year Property Plant Equipment						160 314	168 660	234 415
Intangible Assets					129 317	220 130	365 221	391 931
Intangible Assets Gross Cost					136 878	259 660	482 224	617 410
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings							5 124	10 756
Interest Expense On Debt Securities In Issue Other Similar Loans					89 495	97 661	112 994	131 037
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts						953	6 546	8 059
Interest Income						6	10	465
Interest Income On Bank Deposits					2	6	10	43
Interest Payable Similar Charges Finance Costs					93 557	100 348	125 910	152 113
Loan Commitments					1 668 860	2 665 676
Loans From Group Undertakings Participating Interests					1 544 708	1 648 765
Management Fee Income					263 929	162 985
Net Current Assets Liabilities	262 017	33 511	171 932	643 357	849 637	-800 753	-778 440	3 120 204
Net Finance Income Costs							10	465
Number Shares Issued Fully Paid						132 800	132 800	132 800
Operating Profit Loss					-579 922	876 368	198 344	5 924 002
Other Creditors					1 910 018	1 724 757	2 210 603
Other Creditors Including Taxation Social Security Balance Sheet Subtotal							219 486	412 396
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment							116 120	175 790
Other Disposals Property Plant Equipment							145 698	228 294
Other Interest Income								422
Other Interest Receivable Similar Income Finance Income					2	6	10	465
Other Non-operating Income Before Tax					2	6
Other Operating Income Format1					263 929	162 985
Other Remaining Borrowings						911 633	50 556	55 720
Other Taxation Social Security Payable					165 493	127 339	126 692	674 408
Par Value Share		0	0	1		1
Pension Costs Defined Contribution Plan					145 196	178 713	399 150	524 503
Pension Other Post-employment Benefit Costs Other Pension Costs					145 196	178 713	399 150	524 503
Prepayments Accrued Income					409	88	336	1 256
Profit Loss					-467 837	1 305 993	29 102	4 641 567
Profit Loss On Ordinary Activities Before Tax					573 245	-1 419 034	72 444	5 772 354
Property Plant Equipment Gross Cost					628 292	814 394	879 539	1 721 088
Provisions For Liabilities Balance Sheet Subtotal					34 040		43 342	208 391
Revenue From Sale Goods					15 662 892	15 799 329
Social Security Costs						484 726	515 164	885 893
Staff Costs Employee Benefits Expense						5 157 910	5 417 589	8 393 260
Taxation Including Deferred Taxation Balance Sheet Subtotal					34 040		43 342
Tax Decrease From Utilisation Tax Losses							13 190
Tax Expense Credit Applicable Tax Rate						-269 616	13 764	1 096 747
Tax Increase Decrease Arising From Group Relief Tax Reconciliation						82 408	92 775
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings						-986
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss					1 521	305	212	-1 623
Tax Tax Credit On Profit Or Loss On Ordinary Activities					105 408	-113 041	43 342	1 130 787
Total Assets Less Current Liabilities	353 438	130 310	233 957	752 115	1 276 640	-257 150	-77 141	4 631 137
Total Borrowings							50 556
Total Current Tax Expense Credit								965 738
Total Operating Lease Payments						239 654	284 277
Trade Creditors Trade Payables					513 026	1 477 520	2 325 199	3 560 445
Trade Debtors Trade Receivables					289 916	72 622	66 712	8 844 726
Turnover Revenue					15 662 892	15 799 329	20 895 200	38 031 736
Unpaid Contributions To Pension Schemes							34 363	306
Wages Salaries						4 494 471	4 503 275	6 982 864
Company Contributions To Defined Benefit Plans Directors						85 700	69 533	119 916
Director Remuneration							602 028	634 793
Director Remuneration Benefits Excluding Payments To Third Parties					604 900	539 890
Director Remuneration Benefits Including Payments To Third Parties						625 590	671 561	754 709
Number Directors Accruing Retirement Benefits						3		4
Bank Borrowings Overdrafts Secured		229 790	210 193
Capital Employed	-44 098	-273 291	-225 143
Creditors Due After One Year	397 536	403 601	459 100	465 163
Creditors Due Within One Year	646 830	939 875	1 077 639	2 258 445
Debtors Due After One Year			125
Investments Fixed Assets		645	645	645
Number Shares Allotted		100 000	80 000	80 000
Percentage Subsidiary Held				100
Share Capital Allotted Called Up Paid	1 000	800	800	800
Share Premium Account	95 480	95 480	95 480	95 480
Tangible Fixed Assets Additions		52 911	15 575	81 698
Tangible Fixed Assets Cost Or Valuation	177 797	230 708	197 377	279 075
Tangible Fixed Assets Depreciation	86 376	134 554	135 997	170 962
Tangible Fixed Assets Depreciation Charged In Period		48 178	50 267	34 965
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			48 824
Tangible Fixed Assets Disposals			48 906

Company staff

Elaine W.

Role: Director

Appointed: 26 February 2016

Latest update: 23 April 2024

Stuart R.

Role: Director

Appointed: 26 February 2016

Latest update: 23 April 2024

Susan A.

Role: Secretary

Appointed: 09 October 2014

Latest update: 23 April 2024

Role: Corporate Secretary

Appointed: 13 September 2011

Resigned: 09 October 2014

Address: Victoria Road, Bicester, Oxfordshire, OX26 6QB, England

Latest update: 23 April 2024

Michael G.

Role: Director

Appointed: 17 July 2007

Resigned: 30 October 2015

Latest update: 23 April 2024

Elaine W.

Role: Director

Appointed: 08 January 2007

Resigned: 01 January 2009

Latest update: 23 April 2024

Graham W.

Role: Secretary

Appointed: 20 October 2006

Resigned: 12 September 2011

Latest update: 23 April 2024

People with significant control

The companies with significant control over this firm include: Mrn Inflection Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Milton Keynes at Presley Way, Crownhill, MK8 0ES, Buckinghamshire and was registered as a PSC under the reg no 08236413.

Mrn Inflection Limited

Address: Talon House Presley Way, Crownhill, Milton Keynes, Buckinghamshire, MK8 0ES, England

Legal authority Companies Act 2006

Legal form Private Company Limited By Shares

Country registered England & Wales

Place registered England & Wales Companies House

Registration number 08236413

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 December 2021
Confirmation statement next due date	03 November 2023
Confirmation statement last made up date	20 October 2022

Annual Accounts
Start Date For Period Covered By Report	2012-11-01
End Date For Period Covered By Report	2013-10-31
Annual Accounts 24 July 2015
Start Date For Period Covered By Report	2013-11-01
End Date For Period Covered By Report	31 October 2014
Date Approval Accounts	24 July 2015
Annual Accounts 26 July 2016
Start Date For Period Covered By Report	2014-11-01
End Date For Period Covered By Report	2015-10-31
Date Approval Accounts	26 July 2016
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts 20 July 2014
Date Approval Accounts	20 July 2014

Medical Research Network Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Elaine W.

Stuart R.

Susan A.

Graham W.

Shelley F.

Simon M.

Helena B.

Paul B.

Clark Howes Business Services Limited

Michael G.

Elaine W.

Graham W.

People with significant control

Mrn Inflection Limited

Accounts Documents

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