Mgear Operatives Limited in Hailsham, BN27 1DW

Description

Data updated on: 01-11-2023

2017 marks the founding of Mgear Operatives Limited, a firm which is situated at 30-34 North Street, in Hailsham. That would make seven years Mgear Operatives has been on the local market, as the company was started on 2017/03/01. The company's registered no. is 10645830 and its post code is BN27 1DW. This firm debuted under the name Mgear Plant Hire & Groundworks, but for the last four years has been on the market under the name Mgear Operatives Limited. This enterprise's classified under the NACE and SIC code 77320 and their NACE code stands for Renting and leasing of construction and civil engineering machinery and equipment. Its most recent accounts detail the period up to Thursday 31st March 2022 and the most recent confirmation statement was released on Friday 10th February 2023.

We have a single director now controlling this limited company, specifically Scott B. who's been executing the director's obligations since 2017/03/01. For three years Matthew O., had been fulfilling assigned duties for this limited company until the resignation in March 2020.

Previous company's names
Mgear Operatives Limited 2020-09-09
Mgear Plant Hire & Groundworks Limited 2017-03-01

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-02-28	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand		4 688	13 026	5 493	19 687	23 843
Current Assets		31 134	37 720	33 176	104 394	157 741	182 925
Debtors		26 446	24 694	27 683	84 707	133 898	182 925
Net Assets Liabilities				9 318	-2 179	179	449
Other Debtors		4 305	3 369	833	38 565	72 200	46 329
Property Plant Equipment	51 656	41 220	33 203	26 236	33 216	45 508

Other Financial Data
Amount Specific Advance Or Credit Directors				20 437	37 555	71 824	39 242
Amount Specific Advance Or Credit Made In Period Directors					57 992	67 674	118 363
Amount Specific Advance Or Credit Repaid In Period Directors						33 405	139 422
Accumulated Amortisation Impairment Intangible Assets		4 000	8 000	12 000	16 000	20 000
Accumulated Depreciation Impairment Property Plant Equipment		10 436	19 031	25 998	34 258	38 856	33 764
Average Number Employees During Period					1	2	2
Bank Borrowings Overdrafts					40 833	43 205	20 822
Creditors		82 595	82 800	58 094	40 833	57 075	74 893
Disposals Decrease In Depreciation Impairment Property Plant Equipment						4 102	1 437
Disposals Property Plant Equipment						6 100	22 990
Finance Lease Liabilities Present Value Total						13 870	7 658
Fixed Assets		57 220	45 203	34 236	37 216	45 508	62 135
Increase Decrease In Property Plant Equipment						22 990	46 588
Increase From Amortisation Charge For Year Intangible Assets		4 000	4 000	4 000	4 000	4 000
Increase From Depreciation Charge For Year Property Plant Equipment		10 436	8 595	6 967	8 260	8 700	8 408
Intangible Assets		16 000	12 000	8 000	4 000
Intangible Assets Gross Cost		20 000	20 000	20 000	20 000	20 000
Net Current Assets Liabilities		-51 461	-45 080	-24 918	1 438	17 410	25 963
Number Shares Issued Fully Paid		50	50	50	50	50	50
Other Creditors		60 145	51 212	23 272	40 833	43 844	52 905
Other Taxation Social Security Payable		22 449	31 588	34 823	64 503	90 920	78 423
Par Value Share		1	1	1	1	1	1
Property Plant Equipment Gross Cost	51 656	51 656	52 234	52 234	67 474	84 364	46 588
Provisions For Liabilities Balance Sheet Subtotal						5 664	12 756
Total Additions Including From Business Combinations Intangible Assets		20 000
Total Additions Including From Business Combinations Property Plant Equipment			578		15 240	22 990	46 588
Total Assets Less Current Liabilities		5 759	123	9 318	38 654	62 918	88 098
Trade Creditors Trade Payables		1		-1	11 953	-2 547	-2 846
Trade Debtors Trade Receivables		22 141	21 325	26 850	46 142	61 698	136 596

Company staff

Scott B.

Role: Director

Appointed: 01 March 2017

Latest update: 3 March 2024

People with significant control

Scott B. is the individual who has control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Scott B.

Notified on 1 March 2017

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Matthew O.

Notified on 1 March 2017

Ceased on 5 March 2020

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	24 February 2024
Confirmation statement last made up date	10 February 2023

Annual Accounts
Start Date For Period Covered By Report	01 March 2017
End Date For Period Covered By Report	31 March 2018
Annual Accounts
Start Date For Period Covered By Report	01 April 2018
End Date For Period Covered By Report	31 March 2019
Annual Accounts
Start Date For Period Covered By Report	01 April 2019
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2021
End Date For Period Covered By Report	31 March 2022
Annual Accounts
Start Date For Period Covered By Report	01 April 2022
End Date For Period Covered By Report	31 March 2023

Mgear Operatives Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Scott B.

Matthew O.

People with significant control

Scott B.

Matthew O.

Accounts Documents

Company filings

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