Midland Communications Distribution Limited in Derby, DE24 8HP

Description

Data updated on: 01-11-2023

Situated at 10 Stadium Business Court Millennium Way, Derby DE24 8HP Midland Communications Distribution Limited is a Private Limited Company registered under the 03413872 registration number. The firm was set up 27 years ago. The firm's classified under the NACE and SIC code 61200 which stands for Wireless telecommunications activities. The business most recent filed accounts documents were submitted for the period up to 2022-04-30 and the most current confirmation statement was released on 2023-02-25.

The firm owes its achievements and unending progress to a team of four directors, who are Ian M., Steven R., Tanaquil J. and Mark L., who have been in charge of the company since 2022-08-01. Additionally, the managing director's tasks are regularly helped with by a secretary - Tanaquil J., who was appointed by the following firm in February 2021.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-04-30	2020-04-30	2021-04-30	2022-04-30	2023-04-30
Currency

Balance Sheet
Cash Bank On Hand	3 345 794	4 522 282	4 797 517	4 605 679	4 134 236
Current Assets	18 101 414	20 405 714	19 573 909	17 684 269	18 404 529
Debtors	14 638 172	15 685 647	14 614 739	12 791 133	14 123 721
Net Assets Liabilities	2 522 759	2 965 197	2 512 266	1 753 945	1 747 030
Other Debtors	5 969	16 143	4 869	5 250
Total Inventories	117 448	197 785	161 653	287 457	146 572
Property Plant Equipment	971 202	911 924	848 484	815 234

Other Financial Data
Fees For Non-audit Services		23 328	37 478	46 264	33 883
Director Remuneration	271 860	224 243	245 344	236 423	233 076
Accrued Liabilities Deferred Income	5 515 044	2 671 071	2 577 915	2 617 466	11 360 543
Accumulated Amortisation Impairment Intangible Assets	30 130	40 460	41 800	41 800
Accumulated Depreciation Impairment Property Plant Equipment	214 936	277 829	330 660	370 668	163 250
Administrative Expenses	1 869 709	1 916 405	1 823 480	2 038 574	2 134 926
Applicable Tax Rate	19	19	19	19	19
Average Number Employees During Period	32	33	31	31	32
Cash Cash Equivalents Cash Flow Value	3 345 794	4 522 282	4 797 517	4 605 679
Comprehensive Income Expense	1 662 497	2 104 930	2 047 069	1 741 679	2 493 085
Corporation Tax Payable	277 168	273 551	307 275	230 196	341 728
Cost Sales	18 681 887	23 367 459	23 621 923	21 964 563	25 002 876
Creditors	5 515 044	2 671 071	2 577 915	2 617 466	14 056 082
Current Tax For Period	394 647	473 598	484 954	412 921	556 090
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period					-29 912
Depreciation Amortisation Expense	73 882	78 256	65 019	52 877	44 726
Dividends Paid	1 566 959	1 662 492	2 500 000	2 500 000	2 500 000
Dividends Paid Classified As Financing Activities	-1 566 959	-1 662 492	-2 500 000	-2 500 000	-2 500 000
Dividends Paid On Shares Interim	1 566 959	1 662 492	2 500 000	2 500 000	2 500 000
Fixed Assets	982 874	913 266	848 486	815 236	786 701
Future Minimum Lease Payments Under Non-cancellable Operating Leases					2 160
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	5 879 301	1 265 450	453 052	-789 451	586 172
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-5 378 744	-1 054 475	308 297	1 894 336	-1 303 406
Gain Loss On Disposal Assets Income Statement Subtotal	20 980	433	53	7 069
Gross Profit Loss	3 917 751	4 474 946	4 352 347	4 191 932	5 127 914
Income Taxes Paid Refund Classified As Operating Activities	-365 001	-470 215	-448 104	-490 000	-444 558
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	184 530	1 176 488	275 235	-191 838	-471 443
Increase Decrease In Current Tax From Adjustment For Prior Periods					-33 777
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	-68 552	80 337	-36 132	125 804	-140 885
Increase From Depreciation Charge For Year Property Plant Equipment		67 926	63 679	52 877	18 641
Intangible Assets Gross Cost	41 800	41 800	41 800	41 800
Investments Fixed Assets	2	2	2	2	2
Investments In Group Undertakings	2	2	2	2	2
Loans From Directors					936
Net Cash Flows From Used In Financing Activities	2 059 004	1 125 071	2 669 382	2 868 769	2 498 334
Net Cash Flows From Used In Investing Activities	61 518	-4 772	-1 407	11 316	-10 084
Net Cash Flows From Used In Operating Activities	-2 305 052	-2 296 787	-2 943 210	-2 688 247	-2 016 807
Net Cash Generated From Operations	-2 670 053	-2 767 002	-3 391 314	-3 178 247	-2 461 365
Net Current Assets Liabilities	7 054 929	4 723 002	4 241 695	3 556 175	4 348 447
Net Interest Received Paid Classified As Investing Activities	-9 102	-12 987	-1 593	-1 242	-26 275
Number Shares Issued Fully Paid		1 040	1 040	1 040	1 040
Operating Profit Loss	2 048 042	2 558 541	2 528 867	2 153 358	2 992 988
Other Creditors	1 066 584	1 115 828	1 922 805	1 211 732	892 292
Other Deferred Tax Expense Credit		-7 000	-1 563		-29 912
Other Interest Receivable Similar Income Finance Income	9 102	12 987	1 593	1 242	26 275
Other Taxation Social Security Payable	502 046	419 206	528 077	468 728	654 184
Par Value Share		1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	10 241	16 577	19 129	20 327	20 935
Prepayments Accrued Income	12 856 455	13 742 294	13 143 363	11 477 019	13 089 549
Proceeds From Sales Property Plant Equipment	-58 589	-10 500	-14 000	-15 500
Profit Loss	1 662 497	2 104 930	2 047 069	1 741 679	2 493 085
Profit Loss On Ordinary Activities Before Tax	2 057 144	2 571 528	2 530 460	2 154 600	3 019 263
Property Plant Equipment Gross Cost	1 186 138	1 189 753	1 179 144	1 185 902	131 119
Purchase Property Plant Equipment	-129 209	-18 715	-14 186	-28 058	-16 191
Social Security Costs	121 184	119 584	122 425	151 132	163 054
Staff Costs Employee Benefits Expense	1 364 190	1 332 846	1 317 816	1 515 055	1 551 272
Tax Decrease Increase From Effect Revenue Exempt From Taxation			-495	1 895	3 309
Tax Expense Credit Applicable Tax Rate	390 857	488 590	480 787	409 374	15 638
Tax Increase Decrease From Effect Capital Allowances Depreciation	3 790	5 439	3 672	5 442	3 878
Tax Tax Credit On Profit Or Loss On Ordinary Activities	394 647	466 598	483 391	412 921	526 178
Total Additions Including From Business Combinations Property Plant Equipment		18 715	14 186	28 058	11 991
Total Assets Less Current Liabilities	8 037 803	5 636 268	5 090 181	4 371 411	5 135 148
Trade Creditors Trade Payables	1 643 299	1 636 459	1 674 877	1 630 741	806 399
Trade Debtors Trade Receivables	1 682 748	1 827 210	1 364 944	1 206 571	902 697
Turnover Revenue	22 599 638	27 842 405	27 974 270	26 156 495	24 123 480
Wages Salaries	1 232 765	1 196 685	1 176 262	1 343 596	1 367 283
Administration Support Average Number Employees		26	24
Amounts Owed To Directors		537 421	368 039
Deferred Tax Asset Debtors		100 000	101 563
Disposals Decrease In Depreciation Impairment Property Plant Equipment		5 033	10 848	12 869
Disposals Property Plant Equipment		15 100	24 795	21 300
Increase From Amortisation Charge For Year Intangible Assets		10 330	1 340
Intangible Assets	11 670	1 340
Selling Average Number Employees		7	7
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		-20 431	495