Michael's Bridal Fabrics Limited in Middlesex, HA5 3LA

Description

Data updated on: 01-11-2023

This particular Michael's Bridal Fabrics Limited firm has been operating offering its services for twenty eight years, as it's been established in 1996. Registered with number 03184525, Michael's Bridal Fabrics is categorised as a Private Limited Company with office in Westgate Chambers, 8A Elm Park, Middlesex HA5 3LA. This enterprise's declared SIC number is 46410, that means Wholesale of textiles. Michael's Bridal Fabrics Ltd filed its latest accounts for the financial period up to 2022-04-30. The business most recent annual confirmation statement was submitted on 2023-04-11.

Currently, there’s a single managing director in the company: Michael B. (since 30th April 2005). Since April 1996 David F., had been responsible for a variety of tasks within the following business till the resignation on 30th April 2004. Furthermore, the director's tasks are helped with by a secretary - Lynn B., who was chosen by the following business in 2001.

Michael B. is the individual who has control over this firm, owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-04-30	2013-04-30	2014-04-30	2015-04-30	2016-04-30	2017-04-30	2018-04-30	2019-04-30	2020-04-30	2021-04-30	2022-04-30	2023-04-30
Currency
Net Worth	137 422	169 928	223 883	261 963	315 993

Balance Sheet
Cash Bank On Hand					23 367	85 180	64 164	94 223	105 808	73 177	36 958	53 162
Current Assets	443 536	496 249	577 803	657 471	697 003	857 643	843 387	883 900	936 765	889 677	918 450	1 001 808
Debtors	137 709	146 777	171 942	154 687	142 756	138 145	144 514	114 933	105 472	74 190	188 936	180 592
Net Assets Liabilities					315 993	349 305	362 315	355 137	351 402	283 021	269 106	268 398
Other Debtors					296	296	296	296	1 434	10 082	39 687	13 744
Property Plant Equipment					10 554	12 459	46 798	48 496	46 075	36 843	27 906	22 068
Total Inventories					530 880	634 318	634 709	674 744	725 485	742 310	692 556
Cash Bank In Hand	8 439	4 483	10 972	34 864	23 367
Net Assets Liabilities Including Pension Asset Liability	137 422	169 928	223 883
Stocks Inventory	297 388	344 989	394 889	467 920	530 880
Tangible Fixed Assets	3 813	15 826	16 334	12 639	10 554

Capital & Reserves
Called Up Share Capital	3	3	3	3	101
Profit Loss Account Reserve	137 419	169 925	223 880	261 960	315 892
Shareholder Funds	137 422	169 928	223 883	261 963	315 993

Other Financial Data
Accrued Liabilities Deferred Income					12 376	13 879	7 753	16 199	21 406	22 847	29 178	45 210
Accumulated Depreciation Impairment Property Plant Equipment					21 458	24 188	28 528	41 080	53 573	65 768	74 969	81 927
Average Number Employees During Period								15	16	14	12	14
Bank Borrowings					98 445	132 930	112 007	99 982	96 637	249 232	216 269	200 947
Bank Borrowings Overdrafts					1 792	269 485	259 816	266 870	354 579	149 333	117 333	85 333
Bank Overdrafts					53 998	136 555	147 809	166 888	257 942	177 813	149 615	183 983
Corporation Tax Payable					20 548	12 371	4 035	7 359	2 359		1 522	1 644
Corporation Tax Recoverable									430	6 446	6 016	12
Creditors					1 792	518 428	519 074	41 592	30 742	169 225	126 375	85 333
Dividend Declared Payable					600	850	3 200
Dividends Paid						17 500	32 000
Future Minimum Lease Payments Under Non-cancellable Operating Leases							27 500	27 500	27 500
Increase From Depreciation Charge For Year Property Plant Equipment						2 730	4 340	12 552	12 493	12 195	9 201	6 958
Net Current Assets Liabilities	133 609	172 508	221 601	257 955	309 192	339 215	324 313	357 369	344 759	422 351	372 834	337 134
Number Shares Issued Fully Paid						1	1
Other Creditors					33 413	36 449	34 137	37 421	40 697	35 577	33 629	58 387
Other Remaining Borrowings								52 442	41 592	30 742	19 892	25 224
Other Taxation Social Security Payable					31 376	23 986	23 399	27 750	8 425	32 778	53 773	49 197
Par Value Share		1	1	1	1	1	1
Prepayments Accrued Income					2 596	2 596	5 896	4 475	21 059	10 537	13 121	8 266
Profit Loss						50 812	45 010
Property Plant Equipment Gross Cost					32 012	36 647	75 326	89 576	99 648	102 611	102 875	103 995
Provisions For Liabilities Balance Sheet Subtotal					1 961	2 369	8 796	9 136	8 690	6 948	5 259	5 471
Total Additions Including From Business Combinations Property Plant Equipment						4 635	38 679	14 250	10 072	2 963	264	1 120
Total Assets Less Current Liabilities	137 422	188 334	237 935	270 594	319 746	351 674	371 111	405 865	390 834	459 194	400 740	359 202
Total Borrowings					1 792	269 485	259 816	319 312	396 171	457 787	385 776	410 154
Trade Creditors Trade Payables					138 847	161 263	186 734	160 082	162 842	87 562	168 113	185 415
Trade Debtors Trade Receivables					139 864	135 253	138 322	110 162	82 549	47 125	130 112	158 570
Creditors Due After One Year		15 512	11 007	6 285	1 792
Creditors Due Within One Year	309 927	323 741	356 202	399 516	387 811
Number Shares Allotted		1	1	1	1
Provisions For Liabilities Charges		2 894	3 045	2 346	1 961
Fixed Assets	3 813	15 826	16 334
Share Capital Allotted Called Up Paid	1	1	1	1	1
Tangible Fixed Assets Additions		14 906	5 122
Tangible Fixed Assets Cost Or Valuation	10 033	24 939	30 061
Tangible Fixed Assets Depreciation	6 220	9 113	13 727
Tangible Fixed Assets Depreciation Charged In Period		2 893	4 614