Merchant X Limited in Wideopen Newcastle Upon Tyne, NE13 6DS

Description

Data updated on: 01-11-2023

This particular Merchant X Limited firm has been in this business for twenty nine years, having started in 1995. Registered with number 03052795, Merchant X is a Private Limited Company located in 15 Brenkley Way, Wideopen Newcastle Upon Tyne NE13 6DS. 24 years ago the company changed its business name from Financial Independents to Merchant X Limited. The firm's declared SIC number is 82990, that means Other business support service activities not elsewhere classified. 2022-05-30 is the last time company accounts were reported.

Right now, this specific firm is presided over by one managing director: Stephen D., who was designated to this position in 1996. Since March 2000 Keith C., had been performing the duties for the following firm until the resignation in February 2002. In addition a different director, namely John D. resigned in October 2001.

Stephen D. is the individual who controls this firm, owns over 3/4 of company shares.

Previous company's names
Merchant X Limited 2000-06-20
Financial Independents Limited 1995-05-03

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2018-05-31	2019-05-30	2020-05-30	2021-05-30	2022-05-30
Currency
Net Worth	41 775	43 567	45 543	48 538

Balance Sheet
Cash Bank On Hand							746	3 746	692
Current Assets	3 768	2 007	2 103	6 066	1 927	2 140	746
Net Assets Liabilities					20 892	24 363	28 115	39 697	35 198
Property Plant Equipment							11 408	10 189
Cash Bank In Hand	3 768	2 007	2 103	6 066
Net Assets Liabilities Including Pension Asset Liability	41 775	43 567	45 543	48 538
Tangible Fixed Assets	146 774	144 046	141 616	139 451

Capital & Reserves
Called Up Share Capital	200 002	200 002	200 002	200 002
Profit Loss Account Reserve	-158 227	-156 435	-154 459	-151 464
Shareholder Funds	41 775	43 567	45 543	48 538

Other Financial Data
Accrued Liabilities Deferred Income							866	743	800
Accrued Liabilities Not Expressed Within Creditors Subtotal					7 443	6 444	6 006
Accumulated Depreciation Impairment Property Plant Equipment							83 322	84 541
Amounts Owed To Directors							17 654	13 654	19 186
Bank Borrowings Overdrafts							6 161	6 475	6 798
Corporation Tax Payable							488	1 798	32
Creditors					22 844	25 463	25 585	23 952	26 816
Depreciation Rate Used For Property Plant Equipment								10	10
Disposals Decrease In Depreciation Impairment Property Plant Equipment									85 629
Disposals Property Plant Equipment									94 730
Fixed Assets	146 774	144 046	141 616	139 451	104 308	102 775	101 408	100 189	90 000
Increase From Depreciation Charge For Year Property Plant Equipment								1 219	1 088
Investments							90 000	90 000	90 000
Investments Fixed Assets							90 000	90 000	90 000
Net Current Assets Liabilities	-8 501	-10 826	-13 257	-14 914	20 917	23 323	-25 705	-20 206	-26 124
Number Shares Issued Fully Paid							200 002	200 002	200 002
Other Creditors							1 282	1 282
Other Investments Other Than Loans							90 000	90 000	90 000
Par Value Share		1	1	1				1	1
Property Plant Equipment Gross Cost								94 730
Total Assets Less Current Liabilities	138 273	133 220	128 359	124 537	83 391	79 452	75 703	79 983	63 876
Creditors Due After One Year	96 498	89 653	82 816	75 999
Creditors Due Within One Year	12 269	12 833	15 360	20 980
Number Shares Allotted		200 002	200 002	200 002
Secured Debts	91 035	85 278	79 420	73 484
Share Capital Allotted Called Up Paid	200 002	200 002	200 002	200 002
Tangible Fixed Assets Cost Or Valuation	216 226	216 226	216 226	216 226
Tangible Fixed Assets Depreciation	69 452	72 180	74 610	76 775
Tangible Fixed Assets Depreciation Charged In Period		2 728	2 430	2 165