Medusa Musselburgh Limited in Edinburgh, EH1 2QZ

Description

Data updated on: 01-11-2023

Medusa Musselburgh Limited could be found at 6-7 Teviot Place, in Edinburgh. The company's post code is EH1 2QZ. Medusa Musselburgh has been actively competing on the market since it was registered in 1999. The company's registration number is SC194027. Launched as Global Cooling Systems, the firm used the business name until 2001, at which moment it got changed to Medusa Musselburgh Limited. The company's SIC and NACE codes are 96020: Hairdressing and other beauty treatment. Wednesday 31st August 2022 is the last time company accounts were reported.

We have 1 managing director presently managing the business, namely Colin M. who has been executing the director's tasks for 25 years. That business had been directed by Claire M. till 2017. In addition a different director, namely Gordon W. resigned on 2007-06-15.

Colin M. is the individual who has control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Previous company's names
Medusa Musselburgh Limited 2001-02-21
Global Cooling Systems Limited 1999-03-04

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-08-31	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
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	50 114	30 355	427	25 981	30 209	20 867

Balance Sheet
Cash Bank On Hand						22 329	28 027	38 131	55 888	196 931	132 218	58 912
Current Assets	102 132	95 008	70 808	133 936	136 711	139 894	161 058	153 456	126 865	382 464	392 887	212 590
Debtors	60 236	64 090	40 505	80 303	79 673	68 927	89 083	76 021	45 833	153 843	224 603	116 469
Net Assets Liabilities						20 867	59 392	48 392	24 723	37 095	108 612	25 364
Other Debtors						68 927	72 746	58 002	45 833	153 843	224 603	116 469
Property Plant Equipment						45 869	36 867	28 343	20 789	15 470	11 603	21 235
Total Inventories						41 880	29 360	27 437	25 144	31 690	36 066	37 209
Cash Bank In Hand	19 109	713	739	23 964	31 455	22 329
Intangible Fixed Assets	64 207	57 345	50 483	43 621	29 934	24 372
Net Assets Liabilities Including Pension Asset Liability	50 114	30 355	427	25 981	30 209	20 867
Stocks Inventory	22 787	30 205	29 564	29 669	25 583	41 880
Tangible Fixed Assets	74 158	84 529	71 699	93 911	78 536	45 869

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	50 014	30 255	327	25 881	30 109	20 767
Shareholder Funds	50 114	30 355	427	25 981	30 209	20 867

Other Financial Data
Accrued Liabilities								20 398	21 209
Accumulated Amortisation Impairment Intangible Assets						56 868	62 430	67 992	73 554	76 116	78 678	81 240
Accumulated Depreciation Impairment Property Plant Equipment						187 575	196 577	205 101	212 655	217 974	221 841	230 209
Amounts Owed By Related Parties								18 019
Average Number Employees During Period							39	37	38	34	30	31
Bank Borrowings						3 419		28 750	13 750
Bank Borrowings Overdrafts						3 419		21 250	13 750	53 750	37 500	27 500
Bank Overdrafts								1 324
Creditors						37 540	9 224	21 250	13 750	53 750	37 500	27 500
Dividends Paid On Shares									7 686
Fixed Assets	138 365	141 874	122 182	137 532	108 470	70 241	55 677	41 591	28 475	20 594	14 165	21 235
Future Minimum Lease Payments Under Non-cancellable Operating Leases						68 000	68 000	68 000	204 000	158 000	49 000	255 500
Increase From Amortisation Charge For Year Intangible Assets							5 562	5 562	5 562	2 562	2 562	2 562
Increase From Depreciation Charge For Year Property Plant Equipment							9 002	8 524	7 554	5 319	3 867	8 368
Intangible Assets						24 372	18 810	13 248	7 686	5 124	2 562
Intangible Assets Gross Cost						81 240	81 240	81 240	81 240	81 240	81 240
Minimum Operating Lease Payments Recognised As Expense								68 000	68 000
Net Current Assets Liabilities	-31 593	-47 080	-83 746	6 524	-224	-7 042	16 866	31 231	12 717	72 195	133 278	35 236
Number Shares Issued Fully Paid								100	100
Other Creditors						37 540	9 224	31 415	11 039	166 881	124 554	122 629
Other Disposals Property Plant Equipment												10 000
Other Inventories								27 437	25 144
Other Remaining Borrowings								7 984	683
Other Taxation Social Security Payable						69 369	75 748	64 225	57 020	120 323	105 942	37 210
Par Value Share			100	100	100	100			1
Prepayments								11 867
Property Plant Equipment Gross Cost						233 444	233 444	233 444	233 444	233 444	233 444	251 444
Provisions For Liabilities Balance Sheet Subtotal						4 792	3 927	3 180	2 719	1 944	1 331	3 607
Taxation Social Security Payable								64 226	57 020
Total Additions Including From Business Combinations Property Plant Equipment												28 000
Total Assets Less Current Liabilities	106 772	94 794	38 436	144 056	108 246	63 199	72 543	72 822	41 192	92 789	147 443	56 471
Total Borrowings								21 250	13 750
Trade Creditors Trade Payables						20 340	13 125	13 988	16 697	13 065	12 863	7 515
Amount Specific Advance Or Credit Directors					49 207	52 659	66 579	51 835	39 668
Amount Specific Advance Or Credit Made In Period Directors						53 452	66 920	55 256	39 668
Amount Specific Advance Or Credit Repaid In Period Directors						50 000	53 000	70 000	-51 835
Amounts Owed By Associates							16 337	18 019
Creditors Due After One Year		57 268	32 161	106 632	68 592	37 540
Creditors Due Within One Year		142 088	154 554	127 412	136 935	146 936
Intangible Fixed Assets Aggregate Amortisation Impairment	30 033	36 895	43 757	50 619	64 306	56 868
Intangible Fixed Assets Amortisation Charged In Period		6 862	6 862	6 862	13 687	5 562
Intangible Fixed Assets Amortisation Decrease Increase On Disposals						13 000
Intangible Fixed Assets Cost Or Valuation	94 240	94 240	94 240	94 240	94 240	81 240
Intangible Fixed Assets Disposals						13 000
Number Shares Allotted			100	100	100	100
Prepayments Accrued Income Current Asset						6 758
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal						6 758	14 588	11 867
Provisions For Liabilities Charges	4 743	7 171	5 848	11 443	9 445	4 792
Secured Debts		52 784	67 227	18 761	11 359	3 419
Share Capital Allotted Called Up Paid		100	100	100	100	100
Tangible Fixed Assets Additions		26 566	3 500	38 674	1 088	900
Tangible Fixed Assets Cost Or Valuation	190 841	217 407	220 907	259 581	260 669	233 444
Tangible Fixed Assets Depreciation	116 683	132 878	149 208	165 670	182 133	187 575
Tangible Fixed Assets Depreciation Charged In Period			16 330	16 462	16 463	9 802
Tangible Fixed Assets Depreciation Decrease Increase On Disposals						4 360
Tangible Fixed Assets Disposals						28 125
Advances Credits Directors	35 999	33 283	19 074	42 407	49 207	52 659
Advances Credits Made In Period Directors		75 456	58 791	43 333	49 300
Advances Credits Repaid In Period Directors		78 172	73 000	20 000	42 500
Creditors Due After One Year Total Noncurrent Liabilities	51 915	57 268
Creditors Due Within One Year Total Current Liabilities	133 725	142 088
Tangible Fixed Assets Depreciation Charge For Period		16 195