Mgs Automotive & Rally Limited in Galston, KA4 8LB

Description

Data updated on: 01-11-2023

Mgs Automotive & Rally Limited is a Private Limited Company, with headquarters in The Yard, Hurlford Road in Galston. The zip code KA4 8LB. This business has been registered on 2016-05-04. The business registration number is SC534443. The firm's Standard Industrial Classification Code is 45200 which means Maintenance and repair of motor vehicles. Mgs Automotive & Rally Ltd filed its account information for the financial year up to 2022-05-31. The business most recent confirmation statement was released on 2023-05-03.

Gordon C. is this particular company's solitary director, who was chosen to lead the company in 2016 in May.

Gordon C. is the individual with significant control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency
Net Worth	100

Balance Sheet
Cash Bank On Hand				18 051	44 927	35 210	61 200
Current Assets	51 459	61 083	62 946	65 023	129 406	105 440	176 158
Debtors				37 367	70 479	65 482	109 958
Net Assets Liabilities	6 400	18 000	16 642	50 032	147 111	119 446	201 169
Property Plant Equipment				247 957	341 931	379 655	361 096
Total Inventories				9 605	14 000	5 000	5 000
Other Debtors					443
Net Assets Liabilities Including Pension Asset Liability	100

Capital & Reserves
Shareholder Funds	100

Other Financial Data
Description Principal Activities						45 200	45 200
Accrued Liabilities Not Expressed Within Creditors Subtotal						1 300
Accumulated Depreciation Impairment Property Plant Equipment				98 291	109 635	164 319	227 597
Average Number Employees During Period				4	4	6	6
Creditors	134 109	141 583	158 292	262 948	235 644	72 855	161 986
Disposals Property Plant Equipment					60 616		54 005
Finance Lease Liabilities Present Value Total				57 705	95 936	170 731	69 130
Fixed Assets	76 250	62 500	111 988	247 957	341 933	379 655	361 096
Increase From Depreciation Charge For Year Property Plant Equipment					50 314		63 278
Net Current Assets Liabilities	-76 150	80 500	95 346	197 925	40 824	32 837	14 172
Property Plant Equipment Gross Cost				346 248	451 566	543 974	588 693
Provisions For Liabilities Balance Sheet Subtotal					15 409
Total Additions Including From Business Combinations Property Plant Equipment					165 934		98 724
Total Assets					471 339	485 095
Total Assets Less Current Liabilities	100	18 000	16 642	50 032	382 755	412 492	375 268
Total Liabilities					471 339	485 095
Bank Borrowings Overdrafts					139 708
Disposals Decrease In Depreciation Impairment Property Plant Equipment					38 970
Other Creditors				137 111	631
Other Taxation Social Security Payable				35 487	26 477
Trade Creditors Trade Payables				32 645	52 753
Trade Debtors Trade Receivables				37 367	70 036
Creditors Due Within One Year	127 609

Company staff

Gordon C.

Role: Director

Appointed: 04 May 2016

Latest update: 16 January 2024

People with significant control

Gordon C.

Notified on 4 May 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Gordon C.

Notified on 4 May 2016

Ceased on 4 May 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	29 February 2024
Account last made up date	31 May 2022
Confirmation statement next due date	17 May 2024
Confirmation statement last made up date	03 May 2023

Annual Accounts
Start Date For Period Covered By Report	2016-05-04
Annual Accounts
Start Date For Period Covered By Report	2017-06-01
End Date For Period Covered By Report	2018-05-31
Annual Accounts
Start Date For Period Covered By Report	2018-06-01
End Date For Period Covered By Report	2019-05-31
Annual Accounts
Start Date For Period Covered By Report	2019-06-01
End Date For Period Covered By Report	2020-05-31
Annual Accounts
Start Date For Period Covered By Report	01 June 2020
End Date For Period Covered By Report	31 May 2021
Annual Accounts
Start Date For Period Covered By Report	01 June 2020
End Date For Period Covered By Report	31 May 2021
Annual Accounts
Start Date For Period Covered By Report	01 June 2020
End Date For Period Covered By Report	31 May 2021
Annual Accounts 8 January 2018
End Date For Period Covered By Report	2017-05-31
Date Approval Accounts	8 January 2018

Mgs Automotive & Rally Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Gordon C.

People with significant control

Gordon C.

Gordon C.

Accounts Documents

Company filings

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