Michael Sehgal Property Company Limited in Newcastle Upon Tyne, NE3 2EF

Description

Data updated on: 01-11-2023

Based in 17 Unit 17 Airport Industrial Estate, Newcastle Upon Tyne NE3 2EF Michael Sehgal Property Company Limited is categorised as a Private Limited Company issued a 03598921 registration number. The firm appeared on 1998-07-16. This enterprise's declared SIC number is 68100, that means Buying and selling of own real estate. The latest financial reports were submitted for the period up to 2023-03-31 and the most current annual confirmation statement was submitted on 2023-03-04.

As mentioned in the following company's directors directory, for 6 years there have been four directors including: Kiran S., Purnima S. and Jai S.. To find professional help with legal documentation, this particular firm has been utilizing the skillset of Robin S. as a secretary since 1998.

Executives who control the firm include: Jai S. has substantial control or influence over the company. Robin S. has substantial control or influence over the company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-08-31	2013-08-31	2014-08-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	1 320 805	1 501 634	2 006 466	2 104 519	2 121 255

Balance Sheet
Cash Bank On Hand					426 126	385 826	403 756	469 009	1 096 990	789 072	952 234	1 152 750
Current Assets	868 118	395 072	647 338	802 819	671 952	1 122 841	1 298 803	1 439 181	2 168 778	1 858 756	2 021 892	1 507 482
Debtors	681 098	233 406	246 321	245 552	245 826	737 015	895 047	970 172	1 071 788	1 069 684	1 069 658	354 732
Net Assets Liabilities					2 121 255	4 054 526	4 325 616	4 575 455	4 968 495	4 984 943	5 230 825	5 360 474
Other Debtors					179 536	669 567	826 034	900 844	999 157	1 001 849	1 001 980	288 000
Property Plant Equipment					12 499	10 374	9 283	8 259	6 636	5 412	4 602	3 908
Cash Bank In Hand	187 020	161 666	401 017	557 267	426 126
Tangible Fixed Assets	8 189 892	9 074 427	10 052 120	10 050 328	10 047 469

Capital & Reserves
Called Up Share Capital	1 000	1 000	1 000	1 000	1 000
Profit Loss Account Reserve	969 646	1 150 475	1 324 896	1 422 949	1 439 685
Shareholder Funds	1 320 805	1 501 634	2 006 466	2 104 519	2 121 255

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					28 487	30 612	32 402	34 225	35 848	37 072	37 882	38 576
Average Number Employees During Period								5	5	5	5	5
Bank Borrowings Overdrafts					4 650 000	6 300 000	6 100 000	5 900 000	4 100 000	3 700 000	5 800 000	5 600 000
Corporation Tax Payable					45 601	95 621	87 831	76 850	114 993	75 454	72 596	43 475
Creditors					8 598 167	8 692 399	8 596 180	8 485 695	6 735 362	6 407 668	6 383 139	5 738 386
Disposals Investment Property Fair Value Model									2 595 000		175 000
Fixed Assets	8 189 893	9 074 428	10 052 121	10 050 329	10 047 470	11 790 375	11 789 284	11 788 260	9 666 637	9 665 413	9 799 603	9 798 909
Future Minimum Lease Payments Under Non-cancellable Operating Leases								8 030	6 895	6 895	24 393
Increase Decrease From Fair Value Adjustment Investment Property Fair Value Model											310 000
Increase From Depreciation Charge For Year Property Plant Equipment						2 125	1 790	1 823	1 623	1 224	810	694
Investment Property					10 034 970	11 780 000	11 780 000	11 780 000	9 660 000	9 660 000	9 795 000	9 795 000
Investment Property Fair Value Model							11 780 000	11 780 000	9 660 000	9 660 000	9 795 000
Investments Fixed Assets	1	1	1	1	1	1	1	1	1	1	1	1
Net Current Assets Liabilities	6 869 088	7 572 794	-8 045 655	-7 945 810	-7 926 215	-7 569 558	-7 297 377	-7 046 514	-4 566 584	-4 548 912	-4 361 247	-4 230 904
Number Shares Issued Fully Paid						1 000	1 000
Other Creditors					3 902 111	2 296 778	2 407 811	2 508 283	2 519 203	2 632 133	509 818	93 656
Other Investments Other Than Loans								1	1	1	1	1
Other Taxation Social Security Payable					455		538	562	1 166	81	725	1 255
Par Value Share		1	1	1	1	1	1
Property Plant Equipment Gross Cost					40 986	40 986	41 685	42 484	42 484	42 484	42 484
Provisions For Liabilities Balance Sheet Subtotal						166 291	166 291	166 291	131 558	131 558	207 531	207 531
Total Additions Including From Business Combinations Property Plant Equipment							699	799
Total Assets Less Current Liabilities	1 320 805	1 501 634	2 006 466	2 104 519	2 121 255	4 220 817	4 491 907	4 741 746	5 100 053	5 116 501	5 438 356	5 568 005
Trade Debtors Trade Receivables					66 290	67 448	69 013	69 328	72 631	67 835	67 678	66 732
Creditors Due Within One Year	7 737 206	7 967 866	8 692 993	8 748 629	8 598 167
Number Shares Allotted		1 000	1 000	1 000	1 000
Percentage Subsidiary Held		100	100	100	100
Revaluation Reserve	350 159	350 159	680 570	680 570	680 570
Share Capital Allotted Called Up Paid	1 000	1 000	1 000	1 000	1 000
Tangible Fixed Assets Additions			650 763
Tangible Fixed Assets Cost Or Valuation		9 094 782	10 075 956	10 075 956	10 075 956
Tangible Fixed Assets Depreciation		20 355	23 836	25 628	28 487
Tangible Fixed Assets Depreciation Charged In Period			3 481	1 792	2 859
Tangible Fixed Assets Increase Decrease From Revaluations			330 411