Mi3 Limited in Colwyn Bay, LL29 8PE

Description

Data updated on: 01-11-2023

This business referred to as Mi3 was created on 2006-04-11 as a Private Limited Company. This enterprise's head office may be reached at Colwyn Bay on Selby Towers, 29 Princes Drive. If you want to reach the firm by post, its area code is LL29 8PE. The registration number for Mi3 Limited is 05778266. This enterprise's classified under the NACE and SIC code 22290 which means Manufacture of other plastic products. December 31, 2022 is the last time the company accounts were filed.

Mi3 Ltd is a small-sized vehicle operator with the licence number OC1072747. The firm has one transport operating centre in the country. In their subsidiary in Blackburn on Sett End Road West, 2 machines and 1 trailer are available.

On 2018-04-30, the enterprise was searching for a Facilities & Site Maintenance Engineer to fill a full time vacancy in the medical supplies in Blackburn, North West. They offered a full time job with wage from £10.3 to £11.8 per hour. The offered job position required experienced worker and a HND,HNC or equivalent level of education. Mi3 required people with minimum five years of job experience. While sending your application include reference code 1.

Klaus H., Stefan R., Bernd H. and Andrew E. are registered as the enterprise's directors and have been doing everything they can to make sure everything is working correctly since September 2022. In order to find professional help with legal documentation, this business has been utilizing the skills of Andrew E. as a secretary since the appointment on 2006-04-11.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	616 368	496 878	679 007	813 094	873 349	893 660	1 416 064	1 284 362	62 581
Current Assets	1 875 730	2 041 708	2 200 347	2 487 474	2 753 645	3 098 211	3 062 921	3 526 479	3 941 484
Debtors	152 285	761 380	498 771	573 350	705 305	683 562	170 840	866 014	2 051 858
Net Assets Liabilities	1 919 963	2 648 061	3 149 361	3 387 931	3 668 207	3 908 724	4 165 567	4 414 480	4 634 270
Other Debtors	150 111	68 514	52 549	52 706	45 379	151 529	5 972	44 603	72 073
Property Plant Equipment	2 296 831	2 133 146	1 954 119	1 785 806	1 691 807	2 577 730	2 574 024	2 439 757	2 328 289
Total Inventories	1 107 077	807 388	1 022 569	1 101 030	1 174 991	1 520 989	1 476 017	1 376 103	1 827 045

Other Financial Data
Audit Fees Expenses	4 320	4 620				5 058	5 242	6 174	6 091
Accrued Liabilities			19 079	18 892	18 892	18 488
Accrued Liabilities Not Expressed Within Creditors Subtotal		-253 100	-232 036
Accumulated Depreciation Impairment Property Plant Equipment	583 961	803 673	1 017 653	1 211 110	1 230 640	1 445 363	1 619 964	1 759 000	1 769 119
Additions Other Than Through Business Combinations Property Plant Equipment		56 027	65 078	56 629	116 845	1 100 646	215 095	59 267	90 262
Administration Support Average Number Employees	16	17				8	9	7	5
Administrative Expenses	1 374 105	1 596 698	1 713 172	2 006 281	2 254 446	2 135 489	2 064 479	1 913 437	2 353 016
Amounts Owed By Related Parties		568 732	403 794	283 733	439 557	282 743		524 318	1 822 406
Amounts Owed To Related Parties	607 370					76 840	71 068		103 971
Applicable Tax Rate						19	19	19	19
Average Number Employees During Period	67	68	72	68	75	71	73	67	80
Balances Amounts Owed By Related Parties		568 732	403 794	283 733	439 557	359 583
Balances Amounts Owed To Related Parties						6 532
Balances With Banks						893 660	1 416 064	1 284 362	62 581
Bank Borrowings	478 218	389 820
Comprehensive Income Expense	384 471	728 098
Cost Sales	3 476 715	5 136 107	5 352 261	4 629 644	5 630 258	5 778 419	5 153 184	3 547 133	5 667 281
Creditors	817 507	640 582	60 430	194 065	175 173	1 015 415	933 579	857 966	784 996
Current Tax For Period						77 249	76 054	63 287	52 792
Decrease In Loans Owed To Related Parties Due To Loans Repaid						-37 310
Deferred Income	275 261	232 036	212 957	194 065	175 173	156 685	138 809	127 156	118 146
Deferred Tax Assets								19 082
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences						-9 574	895	6 082	8 996
Deferred Tax Liabilities						3 109	4 004	10 086
Depreciation Expense Property Plant Equipment	204 082	219 712				214 723	201 558	193 534	201 730
Disposals Decrease In Depreciation Impairment Property Plant Equipment				-12 094	-191 314		-26 957	-54 498	-191 611
Disposals Property Plant Equipment			-30 125	-31 485	-191 314		-44 200	-54 498	-191 611
Distribution Average Number Employees						7	7	4	4
Distribution Costs	51 292	78 114	88 199	70 650	85 672	100 557	87 225	92 718	145 486
Finance Lease Liabilities Present Value Total	64 028	18 726
Financial Liabilities						858 730	794 770	730 810	666 850
Finished Goods Goods For Resale							157 246	139 427	428 590
Further Item Creditors Component Total Creditors	316 469	216 157				602 890	538 930	474 970	319 800
Future Minimum Lease Payments Under Non-cancellable Operating Leases						71 917	42 903	28 287	10 164
Gain Loss On Disposals Property Plant Equipment							457
Government Grant Income						18 892	18 488	17 876	11 653
Gross Profit Loss	1 935 423	2 580 582	2 556 945	2 358 910	2 704 657	2 522 587	2 507 356	2 331 361	2 817 305
Income From Related Parties		7 352 859	7 703 798	6 920 230	7 737 259	8 056 736
Increase Decrease In Current Tax From Adjustment For Prior Periods									660
Increase Decrease In Existing Provisions							895	6 082	8 996
Increase Decrease In Loans Owed To Related Parties Attributable To Interest Transactions						6 348
Increase From Depreciation Charge For Year Property Plant Equipment		219 712	213 980	205 551	210 844	214 723	201 558	193 534	201 730
Increase In Loans Owed To Related Parties Due To Loans Advanced						960 000
Interest Income On Bank Deposits						494	238	27
Interest Payable Similar Charges Finance Costs	37 938	3 650	125 499	8 933	25 866	-2 265	40 586	24 827	48 218
Loans Owed To Related Parties						929 038
Loss On Financing Activities Due To Foreign Exchange Differences						-8 613	16 678	10 256	31 747
Minimum Lease Payments Receivable Under Non-cancellable Operating Leases						80 500	52 900	25 300	9 000
Minimum Operating Lease Payments Recognised As Expense						36 591	29 014	28 589	18 088
Net Current Assets Liabilities	483 281	1 212 008	1 526 001	1 815 947	2 164 256	2 349 518	2 529 126	2 842 775	3 110 059
Nominal Value Allotted Share Capital			500 100	500 100	500 100	500 100	500 100	500 100	500 100
Number Shares Issued Fully Paid			500 100	500 100	500 100	500 100	500 100	500 100	500 100
Operating Profit Loss	533 823	927 931	776 638	301 058	383 431	305 433	374 140	343 082	330 456
Other Creditors	231 315	311 245	39 946	104 764	40 937	30 379	51 801		162 166
Other Departments Average Number Employees						8	9	7	8
Other Employee Expense						103 839	81 272	64 957	151 339
Other Interest Receivable Similar Income Finance Income	1	8	26	9	250	494	238	27
Other Inventories	1 107 077	807 388	1 022 569	1 101 030	1 174 991	1 520 989	1 476 017
Other Operating Income Format1	23 797	22 161	21 064	19 079	18 892	18 892	18 488	17 876	11 653
Other Payables Accrued Expenses						30 379	191 819	82 312	115 993
Par Value Share				1	1	1	1	1	1
Payments To Related Parties		13 275	27 397	26 231	38 215	28 412
Pension Costs Defined Contribution Plan						92 757	59 506	56 445	63 880
Prepayments			35 958	222 262	63 288	129 815	110 633	89 705	46 955
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal		23 938	35 958
Production Average Number Employees	51	51				43	42	41	53
Profit Loss	384 471	728 098	501 300	238 570	280 276	240 517	256 843	248 913	219 790
Profit Loss On Ordinary Activities Before Tax	495 886	924 289	651 165	292 134	357 815	308 192	333 792	318 282	282 238
Property Plant Equipment Gross Cost	2 880 792	2 936 819	2 971 772	2 996 916	2 922 447	4 023 093	4 193 988	4 198 757	4 097 408
Provisions						3 109	4 004	10 086	19 082
Provisions For Liabilities Balance Sheet Subtotal	42 642	35 447	38 293	19 757	12 683	3 109	4 004	10 086	19 082
Raw Materials Consumables							1 084 066	962 501	1 306 086
Rental Income From Investment Property						6 900	27 600	29 247	30 266
Research Development Average Number Employees						4	5	7	9
Revenue From Sale Goods						8 294 106	7 632 940	5 849 247	8 454 320
Selling Average Number Employees						1	1	1	1
Social Security Costs						165 082	136 321	145 185	162 482
Staff Costs Employee Benefits Expense						2 237 405	2 032 702	1 949 139	2 842 369
Taxation Social Security Payable	35 877	79 692	210 372	140 521	167 953	160 267	123 420	123 817	112 598
Tax Decrease Increase From Effect Revenue Exempt From Taxation						-2 783	-3 025
Tax Expense Credit Applicable Tax Rate						58 556	63 420	60 474	53 625
Tax Increase Decrease From Effect Capital Allowances Depreciation						11 902	16 554	11 773	8 790
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss							-3 025	-2 878	-627
Tax Increase Decrease From Other Tax Effects Tax Reconciliation									660
Tax Tax Credit On Profit Or Loss On Ordinary Activities	111 415	196 191	149 865	53 564	77 539	67 675	76 949	69 369	62 448
Total Assets Less Current Liabilities	2 780 112	3 345 154	3 461 041	3 601 753	3 856 063	4 927 248	5 103 150	5 282 532	5 438 348
Total Borrowings	542 246	408 546	60 430
Trade Creditors Trade Payables	430 734	403 620	355 487	407 350	361 607	462 719	77 811	465 922	327 687
Trade Debtors Trade Receivables	2 174	124 134	6 470	14 649	157 081	42 635	54 235	207 388	110 424
Turnover Revenue	5 412 138	7 716 689	7 909 206	6 988 554	8 334 915	8 301 006	7 660 540	5 878 494	8 484 586
Wages Salaries						1 875 727	1 755 603	1 682 552	2 464 668
Work In Progress							234 705	274 175	92 369
Company Contributions To Money Purchase Plans Directors						21 905	30 254	27 254	25 586
Director Remuneration						158 394	141 215	125 469	143 523
Number Directors Accruing Benefits Under Money Purchase Scheme						2	2	2	2