Mg Industries Limited in Barnsley, S72 7BF

Description

Data updated on: 01-11-2023

Mg Industries Limited can be reached at Barnsley at Unit B9 Grove Park. Anyone can look up the firm by referencing its area code - S72 7BF. Mg Industries's launching dates back to year 2003. The company is registered under the number 04934196 and company's last known state is active. The firm now known as Mg Industries Limited was known as Xtx up till 2003-11-27 when the name got changed. The company's declared SIC number is 33200 and their NACE code stands for Installation of industrial machinery and equipment. Mg Industries Ltd filed its latest accounts for the financial period up to 30th November 2022. The business latest confirmation statement was released on 3rd September 2023.

With two recruitment advertisements since 4th September 2015, the company has been a rather active employer on the labour market. On 1st December 2016, it started looking for new employees for a full time Accounts Assistant post in Barnsley, and on 4th September 2015, for the vacant post of a full time Service Engineer in Barnsley.

Currently, the directors enumerated by this particular business are: Christian H. chosen to lead the company in 2018 in October and Michael G. chosen to lead the company on 2003-11-24.

Previous company's names
Mg Industries Limited 2003-11-27
Xtx Limited 2003-10-16

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-11-30	2014-11-30	2015-11-30	2016-11-30	2019-11-30	2020-11-30	2021-11-30	2022-11-30	2023-11-30
Currency
Net Worth	443 115	651 484	868 377	888 693

Balance Sheet
Cash Bank On Hand					125 748	174 854	451 325	359 129	432 803
Current Assets	709 386	842 582	1 035 296	1 049 804	864 990	1 031 902	1 230 653	1 079 696	995 862
Debtors	401 618	397 408	419 688	337 117	364 764	470 944	521 251	481 974	349 386
Net Assets Liabilities					935 717	964 289	1 166 689	1 166 406	1 267 181
Property Plant Equipment					416 386	362 992	328 580	316 577	491 886
Total Inventories					374 478	386 104	258 077	238 593	213 673
Cash Bank In Hand	101 064	65 909	205 516	200 164
Net Assets Liabilities Including Pension Asset Liability	443 115	651 484	868 377	888 693
Stocks Inventory	206 704	379 265	410 094	512 523
Tangible Fixed Assets	193 878	280 940	315 843	274 036

Capital & Reserves
Called Up Share Capital	100	100	100	100
Profit Loss Account Reserve	443 015	651 384	868 277	888 593
Shareholder Funds	443 115	651 484	868 377	888 693

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					290 818	376 904	459 432	517 306	579 733
Average Number Employees During Period					16	15	18	16	14
Creditors					227 378	313 629	311 504	173 204	218 444
Disposals Decrease In Depreciation Impairment Property Plant Equipment							11 485		22 221
Disposals Property Plant Equipment						135 852	29 277		22 221
Fixed Assets	193 878	320 940	355 843	378 759	526 426	473 032	438 620	426 616	601 926
Increase From Depreciation Charge For Year Property Plant Equipment						86 086	94 013	73 518	84 648
Investments Fixed Assets		40 000	40 000	40 000	110 040	110 040	110 040	110 040	110 040
Net Current Assets Liabilities	429 511	565 763	732 563	751 076	637 612	718 273	919 149	906 493	777 418
Property Plant Equipment Gross Cost					707 204	739 896	788 012	833 882	1 071 619
Provisions For Liabilities Balance Sheet Subtotal					9 638	15 105	31 629	31 629	31 850
Total Additions Including From Business Combinations Property Plant Equipment						168 544	77 393	61 515	259 957
Total Assets Less Current Liabilities	623 389	886 703	1 088 406	1 129 835	1 164 038	1 191 305	1 357 769	1 333 109	1 379 344
Creditors Due After One Year	173 405	233 932	217 018	227 463
Creditors Due Within One Year	279 875	276 819	302 733	298 728
Debtors Due After One Year				-10 065
Intangible Fixed Assets Aggregate Amortisation Impairment	5 385	5 385	5 385
Intangible Fixed Assets Cost Or Valuation	5 385	5 385	5 385
Number Shares Allotted		100	50	50
Par Value Share		1	1	1
Provisions For Liabilities Charges	6 869	1 287	3 011	13 679
Secured Debts	189 907	258 252	252 057	263 701
Share Capital Allotted Called Up Paid	100	100	50	50
Tangible Fixed Assets Additions		119 839	104 218	10 512
Tangible Fixed Assets Cost Or Valuation	275 308	395 147	479 490	490 002
Tangible Fixed Assets Depreciation	81 430	114 207	163 647	215 966
Tangible Fixed Assets Depreciation Charged In Period		32 777	60 059	52 319
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			10 619
Tangible Fixed Assets Disposals			19 875