Mgc Holdings Limited in Somerset, TA6 3YF

Description

Data updated on: 01-11-2023

Mgc Holdings Limited is categorised as Private Limited Company, that is located in 4 King Square, Bridgwater, Somerset. The office's zip code TA6 3YF. This firm has been working since 1988/02/16. The Companies House Reg No. is 02221677. The company known today as Mgc Holdings Limited was known as Motors Gearboxes & Control Systems until 2005/09/16 at which point the name was replaced. This firm's declared SIC number is 46520 and has the NACE code: Wholesale of electronic and telecommunications equipment and parts. 2022-08-31 is the last time when account status updates were filed.

From the data we have, the following business was created in 1988 and has been overseen by six directors, out of whom three (Rebecca D., David D. and Robert D.) are still participating in the company's duties.

Executives who have control over this firm are as follows: Robert D. has substantial control or influence over the company. David D. has substantial control or influence over the company. Rebecca D. has substantial control or influence over the company.

Previous company's names
Mgc Holdings Limited 2005-09-16
Motors Gearboxes & Control Systems Limited 1988-02-16

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31	2023-08-31	2024-08-31
Currency

Balance Sheet
Cash Bank On Hand	65 224	76 970	88 731	95 206	90 425	62 873	62 873	57 773	52 988
Current Assets	70 519	76 970	93 842	113 962	130 008	118 538	139 734	155 477	171 500
Debtors	5 295		5 111	18 756	39 583	55 665	76 861	97 704	118 512
Property Plant Equipment	94 729	91 950	89 171	86 392	83 613	80 834	78 055	75 276	72 497

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	44 146	46 925	49 704	52 483	55 262	58 041	60 820	63 599	66 378
Average Number Employees During Period								3	3
Creditors	39 496	29 997	30 798	34 830	34 821	7 276	12 381	12 035	12 018
Increase From Depreciation Charge For Year Property Plant Equipment		2 779	2 779	2 779	2 779	2 779	2 779	2 779	2 779
Net Current Assets Liabilities	31 023	46 973	63 044	79 132	95 187	111 262	127 353	143 442	159 482
Property Plant Equipment Gross Cost	138 875	138 875	138 875	138 875	138 875	138 875	138 875	138 875
Total Assets Less Current Liabilities	125 752	138 923	152 215	165 524	178 800	192 096	205 408	218 718	231 979