Mgm Hoses Ltd in Paisley, PA3 1RQ

Description

Data updated on: 01-11-2023

Registered with number SC466181 eleven years ago, Mgm Hoses Ltd was set up as a Private Limited Company. The business present registration address is Unit 4 Greenhill Business Park, Greenhill Road Paisley. This firm's classified under the NACE and SIC code 46900 which stands for Non-specialised wholesale trade. 2022-02-28 is the last time account status updates were reported.

In order to satisfy their customers, the firm is continually directed by a unit of two directors who are George G. and Jane M.. Their outstanding services have been of utmost importance to the following firm for eleven years.

Executives who control this firm include: David M. owns 1/2 or less of company shares. Jane M. owns 1/2 or less of company shares. George G. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-02-28	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-28	2021-02-28	2022-02-28	2023-02-28
Currency
Net Worth	18 527	24 747

Balance Sheet
Cash Bank On Hand		32 639	35 161	76 173	40 273	22 828	77 414	67 945	33 535
Current Assets	205 560	198 031	185 231	249 447	219 626	175 070	233 989	206 434	263 120
Debtors	101 541	104 649	95 280	119 859	129 807	130 708	136 870	116 919	202 738
Net Assets Liabilities		24 747	40 022	56 855	49 022	31 022	61 332	95 800	141 660
Other Debtors		8 399	1 617	2 736	2 037	1 601	2 919	1 956	5 929
Property Plant Equipment		11 135	7 044	37 979	27 527	51 848	38 829	45 904	68 796
Total Inventories		60 743	54 790	53 414	49 546	21 534	19 704	21 570
Cash Bank In Hand	49 652	32 639
Intangible Fixed Assets	11 252	10 002
Net Assets Liabilities Including Pension Asset Liability	18 527	24 747
Stocks Inventory	54 367	60 743
Tangible Fixed Assets	16 544	11 134

Capital & Reserves
Called Up Share Capital	90	90
Profit Loss Account Reserve	18 437	24 657
Shareholder Funds	18 527	24 747

Other Financial Data
Accrued Liabilities			4 054	4 485	9 672	30 284	22 137	22 538
Accumulated Amortisation Impairment Intangible Assets		2 499	3 749	4 999	6 249	13 582	20 914	22 170	29 503
Accumulated Depreciation Impairment Property Plant Equipment		8 706	13 694	23 625	34 789	43 783	56 996	75 913	55 936
Additions Other Than Through Business Combinations Intangible Assets						24 330
Additions Other Than Through Business Combinations Property Plant Equipment			897	40 867	711	33 315	194	25 992	38 898
Amounts Owed To Related Parties		54 210	36 022
Average Number Employees During Period		7	7	7	7	7	7	8	10
Bank Borrowings		33 542	25 328	33 723	16 761	685	45 684	36 690
Bank Borrowings Overdrafts								36 689	26 041
Corporation Tax Payable								15 479	15 334
Creditors		33 542	25 328	49 120	24 335	62 480	100 071	48 385	30 146
Dividends Paid On Shares Interim		64 000	61 200	61 200
Finance Lease Liabilities Present Value Total				15 397	7 823	16 022	12 050	11 696
Finished Goods Goods For Resale				53 414	49 546	21 534	19 704	21 570
Fixed Assets	27 796	21 136	15 796	45 481	33 778	75 096	54 745	54 486	76 123
Increase From Amortisation Charge For Year Intangible Assets			1 250	1 250	1 250	7 333	7 332	7 333	7 333
Increase From Depreciation Charge For Year Property Plant Equipment			4 988	9 932	11 164	8 993	13 213	18 917	19 446
Intangible Assets		10 002	8 752	7 502	6 251	23 248	15 916	8 583	7 327
Intangible Assets Gross Cost		12 501	12 501	12 500	12 500	36 830	36 830	36 830
Loans Owed To Related Parties	9 184	9 213
Net Current Assets Liabilities	35 796	39 379	50 963	69 590	45 084	28 257	114 870	98 421	108 755
Number Shares Issued Fully Paid			90	90
Other Creditors		40 708	68 607	72 638	59 156	27 260	25 006	23 606	4 105
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment									35 041
Other Disposals Property Plant Equipment									35 983
Other Inventories		60 743	54 790	53 414
Other Remaining Borrowings						33 548	33 883	2 482
Other Taxation Social Security Payable								20 466	27 241
Par Value Share	1	1	680	680
Prepayments			6 683	30 235	33 099	8 661	13 599	11 592
Property Plant Equipment Gross Cost		19 841	20 738	61 605	62 316	95 631	95 825	121 817	124 732
Provisions For Liabilities Balance Sheet Subtotal		2 227	1 409	9 096	5 505	9 851	8 212	8 722	13 072
Taxation Social Security Payable		11 540	13 928	11 542	27 608	10 153	40 842	35 946
Total Assets Less Current Liabilities	63 592	60 515	66 759	115 071	78 862	103 353	169 615	152 907	184 878
Total Borrowings		33 542	25 328	49 120	24 335	62 480	100 071	50 868
Trade Creditors Trade Payables		43 981	39 465	66 406	53 321	47 018	8 674	10 656
Trade Debtors Trade Receivables		96 251	86 980	86 888	94 671	120 446	120 352	103 373	196 809
Amount Specific Advance Or Credit Directors		23 250	16 523
Amount Specific Advance Or Credit Made In Period Directors			-27 127
Amount Specific Advance Or Credit Repaid In Period Directors			20 400
Director Remuneration		15 912	15 912
Creditors Due After One Year	41 756	33 541
Creditors Due Within One Year	169 764	158 652
Instalment Debts Due After5 Years	8 899	684
Number Shares Allotted	90	90
Provisions For Liabilities Charges	3 309	2 227
Value Shares Allotted	90	90

Company staff

George G.

Role: Director

Appointed: 19 December 2013

Latest update: 12 April 2024

Jane M.

Role: Director

Appointed: 19 December 2013

Latest update: 12 April 2024

People with significant control

David M.

Notified on 18 May 2023

Nature of control:

1/2 or less of shares

Jane M.

Notified on 19 December 2016

Nature of control:

1/2 or less of shares

George G.

Notified on 19 December 2016

Nature of control:

1/2 or less of shares

David M.

Notified on 19 December 2016

Ceased on 15 May 2023

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	30 November 2023
Account last made up date	28 February 2022
Confirmation statement next due date	02 January 2024
Confirmation statement last made up date	19 December 2022

Annual Accounts 18 September 2015
Start Date For Period Covered By Report	2013-12-19
Date Approval Accounts	18 September 2015
Annual Accounts 21 November 2016
Start Date For Period Covered By Report	2015-03-01
End Date For Period Covered By Report	2016-02-29
Date Approval Accounts	21 November 2016
Annual Accounts
Start Date For Period Covered By Report	2016-03-01
Annual Accounts
Start Date For Period Covered By Report	2017-03-01
End Date For Period Covered By Report	2018-02-28
Annual Accounts
Start Date For Period Covered By Report	2018-03-01
End Date For Period Covered By Report	2019-02-28
Annual Accounts
Start Date For Period Covered By Report	2019-03-01
End Date For Period Covered By Report	2020-02-28
Annual Accounts
Start Date For Period Covered By Report	2020-02-29
End Date For Period Covered By Report	2021-02-28
Annual Accounts
Start Date For Period Covered By Report	2021-03-01
End Date For Period Covered By Report	2022-02-28
Annual Accounts
Start Date For Period Covered By Report	2022-03-01
End Date For Period Covered By Report	2023-02-28
Annual Accounts
End Date For Period Covered By Report	2015-02-28
Annual Accounts
End Date For Period Covered By Report	2017-02-28

Mgm Hoses Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

George G.

Jane M.

David M.

George G.

People with significant control

David M.

Jane M.

George G.

David M.

Accounts Documents

Company filings

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