Mgc Welding Limited in Chelmsford, CM1 1GU

Description

Data updated on: 01-11-2023

Mgc Welding Limited with the registration number 04958774 has been on the market for 21 years. This Private Limited Company can be reached at Swift House, Ground Floor, 18 Hoffmanns Way in Chelmsford and its post code is CM1 1GU. The firm's principal business activity number is 42990, that means Construction of other civil engineering projects n.e.c.. Mgc Welding Ltd filed its account information for the financial year up to 2022-11-30. Its latest confirmation statement was filed on 2022-11-10.

The company has a solitary managing director at the moment managing this specific firm, namely Michael C. who has been carrying out the director's responsibilities for 21 years. To support the directors in their duties, this firm has been using the skills of Johanne B. as a secretary since the appointment on 10th November 2003.

Executives with significant control over the firm are: Johanne B. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Michael C. owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-11-30	2012-11-30	2013-11-30	2014-11-30	2015-11-30	2016-11-30	2017-11-30	2018-11-30	2019-11-30	2020-11-30	2021-11-30	2022-11-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-67 746	-46 633	397	225	2 937	150

Balance Sheet
Cash Bank On Hand						4 205	4 138	66 169	76 086	93 271	9 908	3 722
Current Assets	56 198	50 131	47 547	60 779	101 704	92 107	104 664	123 139	127 925	153 986	91 768	125 284
Debtors	46 968	27 214	36 769	48 365	45 193	60 345	100 526	56 970	51 839	60 715	81 860	121 562
Net Assets Liabilities						150	32 726	54 938	80 693	88 198	31 812	31 031
Other Debtors						37 805	42 804	19 775	11 777	44 378	27 452	106 683
Property Plant Equipment						14 958	13 007	29 914	38 872	35 634	28 507	43 022
Cash Bank In Hand	9 230	22 917	4 778	8 495	4 000	4 205
Net Assets Liabilities Including Pension Asset Liability	-67 746	-46 633	397	225
Stocks Inventory		0	6 000	3 919	52 511	27 557
Tangible Fixed Assets	18 504	25 177	21 636	21 552	18 608	14 958

Capital & Reserves
Called Up Share Capital	100	100	100	100	102	102
Profit Loss Account Reserve	-67 846	-46 733	297	125	2 835	48
Shareholder Funds	-67 746	-46 633	397	225	2 937	150

Other Financial Data
Total Fixed Assets Additions		16 530	8 134	5 605
Total Fixed Assets Cost Or Valuation	41 530	53 310	51 344	54 149
Total Fixed Assets Depreciation	23 026	28 133	29 708	32 596
Total Fixed Assets Depreciation Charge In Period		5 107	5 325	5 388
Total Fixed Assets Depreciation Disposals			-3 750	-2 500
Total Fixed Assets Disposals		-4 750	-10 100	-2 800
Accumulated Depreciation Impairment Property Plant Equipment						35 593	38 844	46 322	56 040	64 948	72 075	82 830
Average Number Employees During Period									1	1	1
Bank Borrowings Overdrafts								4 401	8 579			7 738
Corporation Tax Payable						9 955	24 319	17 891	18 187	18 893	5 228
Creditors						103 915	82 445	92 415	78 704	94 622	83 047	7 738
Increase From Depreciation Charge For Year Property Plant Equipment							3 252	7 478	9 718	8 908	7 127	10 755
Net Current Assets Liabilities	-86 250	-67 710	-16 939	-17 827	-11 971	-11 808	22 219	30 724	49 221	59 364	8 721	3 921
Number Shares Issued Fully Paid							1	1
Other Creditors							124	216	39 331	51 298	75 077	107 748
Other Disposals Property Plant Equipment								18 575
Other Taxation Social Security Payable						18 386	29 649	55 761	12 607	24 431	7 970	10 849
Par Value Share					1	1	1	1
Property Plant Equipment Gross Cost						50 552	51 851	76 236	94 912	100 582	100 582	125 852
Provisions For Liabilities Balance Sheet Subtotal						3 000	2 500	5 700	7 400	6 800	5 416	8 174
Total Additions Including From Business Combinations Property Plant Equipment							1 300	42 960	18 676	5 670		25 270
Total Assets Less Current Liabilities	-67 746	-42 533	4 697	3 725	6 637	3 150	35 226	60 638	88 093	94 998	37 228	46 943
Trade Creditors Trade Payables						75 574	28 353	14 146
Trade Debtors Trade Receivables						50 097	57 722	37 195	40 062	16 337	54 408	14 879
Creditors Due Within One Year Total Current Liabilities	142 448	117 841	64 486	78 606
Fixed Assets	18 504	25 177	21 636	21 553
Provisions For Liabilities Charges	0	4 100	4 300	3 500	3 700	3 000
Tangible Fixed Assets Additions		16 530	8 134	5 605
Tangible Fixed Assets Cost Or Valuation	41 530	53 310	51 344	54 149
Tangible Fixed Assets Depreciation	23 026	28 133	29 708	32 596
Tangible Fixed Assets Depreciation Charge For Period		5 107	5 325	5 388
Tangible Fixed Assets Depreciation Disposals			-3 750	-2 500
Tangible Fixed Assets Disposals		-4 750	-10 100	-2 800
Creditors Due Within One Year				78 606	113 675	103 915
Number Shares Allotted					1	1
Share Capital Allotted Called Up Paid				100	1	1

Company staff

Johanne B.

Role: Secretary

Appointed: 10 November 2003

Latest update: 11 December 2023

Michael C.

Role: Director

Appointed: 10 November 2003

Latest update: 11 December 2023

People with significant control

Johanne B.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Michael C.

Notified on 6 April 2016

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

Accounts Documents

Account next due date	31 August 2024
Account last made up date	30 November 2022
Confirmation statement next due date	24 November 2023
Confirmation statement last made up date	10 November 2022

Annual Accounts 4 September 2016
Start Date For Period Covered By Report	2014-12-01
End Date For Period Covered By Report	2015-11-30
Date Approval Accounts	4 September 2016
Annual Accounts 22 March 2017
Start Date For Period Covered By Report	2015-12-01
End Date For Period Covered By Report	2016-11-30
Date Approval Accounts	22 March 2017
Annual Accounts
Start Date For Period Covered By Report	2016-12-01
End Date For Period Covered By Report	2017-11-30
Annual Accounts
Start Date For Period Covered By Report	2017-12-01
End Date For Period Covered By Report	2018-11-30
Annual Accounts
Start Date For Period Covered By Report	2018-12-01
End Date For Period Covered By Report	2019-11-30
Annual Accounts
Start Date For Period Covered By Report	2019-12-01
End Date For Period Covered By Report	2020-11-30
Annual Accounts
Start Date For Period Covered By Report	2020-12-01
End Date For Period Covered By Report	2021-11-30
Annual Accounts
Start Date For Period Covered By Report	2021-12-01
End Date For Period Covered By Report	2022-11-30

Mgc Welding Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Johanne B.

Michael C.

Ashok B.

Bhardwaj Corporate Services Limited

People with significant control

Johanne B.

Michael C.

Accounts Documents

Company filings

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