Megabyte Open Solutions Limited in Ashby De La Zouch, LE65 1BS

Description

Data updated on: 01-11-2023

1994 is the year of the start of Megabyte Open Solutions Limited, the firm which is situated at Co/frost Grpoup Limited Court House, The Old Police, Station, Southstreet in Ashby De La Zouch. This means it's been thirty years Megabyte Open Solutions has existed in the business, as it was registered on April 15, 1994. The firm Companies House Reg No. is 02919272 and the company postal code is LE65 1BS. This firm's classified under the NACE and SIC code 62020 which stands for Information technology consultancy activities. 2022-04-30 is the last time when the company accounts were filed.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-04-30	2012-04-30	2013-04-30	2014-04-30	2015-04-30	2016-04-30	2017-04-30	2018-04-30	2019-04-30	2020-04-30	2021-04-30	2022-04-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	109 250	128 475	114 868	85 147	108 849	110 728

Balance Sheet
Cash Bank On Hand						120 877	88 366	117 502	160 591	167 584	121 782	96 555
Current Assets	140 955	147 571	135 703	96 719	132 452	136 326	115 373	137 081	186 522	172 950	151 929	115 886
Debtors	9 615	5 321	4 086	17 140	14 977	7 844	23 497	18 585	25 931	5 366	30 147	19 331
Net Assets Liabilities						110 728	98 007	113 225	152 564	152 972	145 826	115 603
Other Debtors							3 546	6 243	3 647	950	7 357	19 331
Property Plant Equipment						3 492	4 271	3 460	2 825	4 387	3 477	2 776
Cash Bank In Hand	131 340	142 250	129 667	78 883	108 196	120 877
Net Assets Liabilities Including Pension Asset Liability	109 250	128 475	114 868	85 147	108 849	110 728
Tangible Fixed Assets	4 948	3 978	4 302	3 428	3 216	3 492

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	109 150	128 375	114 768	85 047	108 749	110 628
Shareholder Funds	109 250	128 475	114 868	85 147	108 849	110 728

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						22 848	23 893	24 704	25 339	26 525	27 435	28 136
Average Number Employees During Period							2	2	3	3	3	3
Bank Borrowings Overdrafts						1 075	75	2 288	842	146	594
Corporation Tax Payable						15 915	15 150	20 016	23 903	17 392	6 406
Corporation Tax Recoverable						84	84	84			1 503
Creditors						28 392	20 782	26 657	36 246	23 531	8 919	2 532
Dividends Paid							60 000	58 000	58 000	75 000		8 000
Increase From Depreciation Charge For Year Property Plant Equipment							1 045	811	635	1 186	910	701
Net Current Assets Liabilities	106 246	125 295	111 426	82 405	106 276	107 934	94 591	110 424	150 276	149 419	143 010	113 354
Other Creditors											2 000	2 000
Profit Loss							47 279	73 218	97 339	75 408	-7 146	-22 223
Property Plant Equipment Gross Cost						26 340	28 164	28 164	28 164	30 912	30 912
Provisions For Liabilities Balance Sheet Subtotal						698	855	659	537	834	661	527
Total Assets Less Current Liabilities	111 194	129 273	115 728	85 833	109 492	111 426	98 862	113 884	153 101	153 806	146 487	116 130
Trade Creditors Trade Payables									36	480		532
Amount Specific Advance Or Credit Directors					8 713	7 760	15 910	7 727	12 923	96	15 263
Amount Specific Advance Or Credit Made In Period Directors						43 930	48 758	42 204	39 334	41 313	17 178
Amount Specific Advance Or Credit Repaid In Period Directors						44 883	40 608	50 387	34 138	54 140	2 011
Director Remuneration										21 000	13 385
Accrued Liabilities						2 000	2 000	2 000	2 000	2 000	2 000
Bank Overdrafts						1 075	75	2 288	842	146	594
Creditors Due Within One Year		29 156	24 277	14 314	26 176	28 392
Number Shares Allotted			100	100	100	100
Number Shares Issued Fully Paid							100	100	100	100	100
Other Taxation Social Security Payable						180	203	411	217	-8	-96
Par Value Share			1	1	1	1	1	1	1	1	1
Prepayments Accrued Income Current Asset		6 880	1 950	696	9 279	7 605
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal						7 605	3 510	994
Provisions For Liabilities Charges	1 944	798	860	686	643	698
Share Capital Allotted Called Up Paid		100	100	100	100	100
Tangible Fixed Assets Additions			1 314		619	1 019
Tangible Fixed Assets Cost Or Valuation	23 388	23 388	24 702	24 702	25 321	26 340
Tangible Fixed Assets Depreciation	18 440	19 410	20 400	21 274	22 105	22 848
Tangible Fixed Assets Depreciation Charged In Period			990	874	831	743
Total Additions Including From Business Combinations Property Plant Equipment							1 824			2 748
Trade Debtors Trade Receivables								3 960	9 360	4 320
Administrative Expenses										58 242	41 475
Advances Credits Directors		1 081	364	11 333	8 713	7 760
Advances Credits Made In Period Directors			51 864	55 896	38 651
Advances Credits Repaid In Period Directors			53 309	44 563	41 271
Comprehensive Income Expense										75 408	-7 146
Current Tax For Period										17 392	-1 503
Depreciation Expense Property Plant Equipment										1 186	910
Dividends Paid On Shares Interim										75 000
Operating Profit Loss										91 496	-9 275
Other Deferred Tax Expense Credit										297	-173
Other Interest Receivable Similar Income Finance Income										1 601	453
Pension Other Post-employment Benefit Costs Other Pension Costs										7 752	13 536
Prepayments											910
Profit Loss On Ordinary Activities Before Tax										93 097	-8 822
Recoverable Value-added Tax											664
Social Security Costs										69
Staff Costs Employee Benefits Expense										34 221	32 411
Tax Tax Credit On Profit Or Loss On Ordinary Activities										17 689	-1 676
Turnover Revenue										149 738	32 200
Wages Salaries										26 400	18 875
Creditors Due Within One Year Total Current Liabilities	34 709	29 156
Fixed Assets	4 948	3 978
Prepayments Accrued Income Not Expressed Within Current Asset Sub-total	0	6 880
Tangible Fixed Assets Depreciation Charge For Period		970