Merchant City Music Limited in Glasgow, G1 5NB

Description

Data updated on: 01-11-2023

Registered with number SC141135 32 years ago, Merchant City Music Limited is a Private Limited Company. The firm's current office address is 60 London Road, Glasgow. This firm's classified under the NACE and SIC code 47591, that means Retail sale of musical instruments and scores. The firm's latest financial reports cover the period up to 2022-04-30 and the most current confirmation statement was filed on 2022-11-10.

In order to be able to match the demands of their clients, this business is constantly developed by a group of two directors who are Alan S. and Richard C.. Their successful cooperation has been of pivotal use to this business since 2005/10/06. To find professional help with legal documentation, this business has been utilizing the skills of Richard C. as a secretary since October 2005.

Executives who control the firm include: Richard C. owns 1/2 or less of company shares. Alan S. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	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	2023-04-30
Currency
Net Worth	624 229	587 695	622 187

Balance Sheet
Cash Bank On Hand			5 626	8 350	23 021	36 222	208 399	234 050	155 338	148 166
Current Assets	668 500	644 768	701 978	683 560	703 280	708 695	936 333	932 433	983 854	981 065
Debtors	550 873	536 290	563 203	562 904	538 930	549 256	562 870	572 905	578 624	588 741
Net Assets Liabilities			622 187	623 069	625 790	640 604	703 093	784 376	858 830	863 632
Property Plant Equipment			68 715	61 669	50 832	41 630	31 151	20 562	11 060	5 888
Total Inventories			133 149	112 306	141 329	123 217	165 064	125 478	249 892	244 158
Cash Bank In Hand	580	2 888	5 626
Net Assets Liabilities Including Pension Asset Liability	624 229	587 695	622 187
Stocks Inventory	117 047	105 590	133 149
Tangible Fixed Assets	133 396	129 473	68 715

Capital & Reserves
Called Up Share Capital	80	80	80
Profit Loss Account Reserve	624 129	587 595	622 087
Shareholder Funds	624 229	587 695	622 187

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment			115 235	127 180	139 147	150 472	160 951	171 540	181 042	186 214
Average Number Employees During Period			5	6	7	7	8	7	8	8
Creditors			146 470	120 124	126 286	107 685	264 391	118 619	136 084	123 321
Fixed Assets			68 715	61 669	50 832	41 630	31 151	20 562	11 060	5 888
Increase From Depreciation Charge For Year Property Plant Equipment				11 945	11 967	11 326	10 479	10 589	9 502	5 172
Net Current Assets Liabilities	492 669	459 731	555 508	563 436	576 994	601 010	671 942	813 814	847 770	857 744
Property Plant Equipment Gross Cost			183 950	188 849	189 979	192 102	192 102	192 102	192 102	192 102
Provisions For Liabilities Balance Sheet Subtotal			2 036	2 036	2 036	2 036
Total Additions Including From Business Combinations Property Plant Equipment				4 899	1 130	2 124
Total Assets Less Current Liabilities	626 065	589 204	624 223	625 105	627 826	642 640	703 093	834 376	858 830	863 632
Capital Redemption Reserve	20	20	20
Creditors Due Within One Year	175 831	185 037	146 470
Number Shares Allotted		80	80
Par Value Share		1	1
Provisions For Liabilities Charges	1 836	1 509	2 036
Secured Debts	19 168
Share Capital Allotted Called Up Paid	80	80	80
Tangible Fixed Assets Additions		12 480	4 560
Tangible Fixed Assets Cost Or Valuation	231 389	243 869	183 949
Tangible Fixed Assets Depreciation	97 993	114 396	115 234
Tangible Fixed Assets Depreciation Charged In Period		16 403	11 234
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			10 396
Tangible Fixed Assets Disposals			64 480
Advances Credits Directors	12 676		17 500
Advances Credits Made In Period Directors	12 676	36 216
Advances Credits Repaid In Period Directors		48 892