Mike Reed Motors Limited in Barnstaple, EX31 1TZ

Description

Data updated on: 15-07-2023

This firm was registered in Barnstaple registered with number: 05966369. This company was established in the year 2006. The main office of this firm was situated at Grenville House 9 Boutport Street. The postal code for this place is EX31 1TZ. This firm was officially closed in 2023, which means it had been active for seventeen years.

This specific business was overseen by just one director: Michael R., who was chosen to lead the company in 2006.

Michael R. was the individual who controlled this firm, owned over 3/4 of company shares and had 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-12-31	2013-12-31	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	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	93 760	95 350	89 040	74 869

Balance Sheet
Cash Bank On Hand				74 225	101 287	47 944	52 614	57 701	63 296	46 757	37 687
Current Assets	114 922	122 867	119 144	99 099	125 301	71 044	82 276	92 837	81 994	59 787	37 687
Debtors	9 771	9 398	7 948	10 299	8 514	7 155	10 512	9 746	7 298	8 230
Net Assets Liabilities				74 869	66 688	60 966	48 295	37 564	27 031	8 789	326
Other Debtors				3 783	3 758	4 957	4 518	4 549	4 593	4 823
Property Plant Equipment				6 961	6 138	25 070	19 460	15 247	11 701	9 007
Total Inventories				14 575	15 500	15 945	19 150	25 390	11 400	4 800
Cash Bank In Hand	91 656	99 074	97 646	74 225
Net Assets Liabilities Including Pension Asset Liability	93 760	95 350	89 040	74 869
Stocks Inventory	13 495	14 395	13 550	14 575
Tangible Fixed Assets	11 599	9 057	8 489	6 961

Capital & Reserves
Called Up Share Capital	1	1	1	100
Profit Loss Account Reserve	93 759	95 349	89 039	74 769
Shareholder Funds	93 760	95 350	89 040	74 869

Other Financial Data
Total Fixed Assets Additions			1 745	480
Total Fixed Assets Cost Or Valuation	26 325	26 325	27 749	27 757
Total Fixed Assets Depreciation	14 726	17 268	19 260	20 796
Total Fixed Assets Depreciation Charge In Period		2 542	2 210	1 762
Total Fixed Assets Depreciation Disposals			-218	-226
Total Fixed Assets Disposals			-321	-472
Accumulated Depreciation Impairment Property Plant Equipment				20 796	21 836	13 410	19 268	23 937	27 483	30 177
Additional Provisions Increase From New Provisions Recognised						3 535	-1 066	-800	-674	-511	-1 712
Bank Borrowings Overdrafts				911	1 441
Corporation Tax Payable					8 019	4 834
Creditors				29 799	63 523	30 385	49 744	67 623	64 441	58 293	37 361
Disposals Decrease In Depreciation Impairment Property Plant Equipment					439	16 187					30 177
Disposals Property Plant Equipment					604	18 719					39 184
Dividends Paid						41 400	40 725	44 500	41 950	42 000	28 500
Increase From Depreciation Charge For Year Property Plant Equipment					1 479	7 761	5 942	4 669	3 546	2 694
Net Current Assets Liabilities	84 481	88 104	82 249	69 300	61 778	40 659	32 532	25 214	17 553	1 494	326
Number Shares Issued Fully Paid					25	25	25	25	25	25	25
Other Creditors				576	30 751	12 062	25 666	40 519	38 029	34 725	29 550
Other Taxation Social Security Payable				14 708	15 332	6 415	13 465	14 544	14 915	12 384	6 411
Par Value Share					1	1	1	1	1	1	1
Prepayments					3 758	4 473
Profit Loss						35 678	28 054	33 769	31 417	23 758	20 037
Property Plant Equipment Gross Cost				27 757	27 974	38 480	38 728	39 184	39 184	39 184
Provisions					1 228	4 763	3 697	2 897	2 223	1 712
Provisions For Liabilities Balance Sheet Subtotal				1 392	1 228	4 763	3 697	2 897	2 223	1 712
Recoverable Value-added Tax						484
Total Additions Including From Business Combinations Property Plant Equipment					821	29 225	332	456
Total Assets Less Current Liabilities	96 080	97 161	90 738	76 261	67 916	65 729	51 992	40 461	29 254	10 501	326
Trade Creditors Trade Payables				13 604	15 999	11 908	10 613	12 560	11 497	11 184	1 400
Trade Debtors Trade Receivables				6 516	4 756	2 198	5 994	5 197	2 705	3 407
Average Number Employees During Period								3	3	3	3
Creditors Due Within One Year Total Current Liabilities	30 441	34 763	36 895	29 799
Fixed Assets	11 599	9 057	8 489	6 961
Provisions For Liabilities Charges	2 320	1 811	1 698	1 392
Tangible Fixed Assets Additions			1 745	480
Tangible Fixed Assets Cost Or Valuation	26 325	26 325	27 749	27 757
Tangible Fixed Assets Depreciation	14 726	17 268	19 260	20 796
Tangible Fixed Assets Depreciation Charge For Period		2 542	2 210	1 762
Tangible Fixed Assets Depreciation Disposals			-218	-226
Tangible Fixed Assets Disposals			-321	-472

Company staff

Tracey R.

Role: Secretary

Appointed: 26 September 2012

Latest update: 19 June 2025

Michael R.

Role: Director

Appointed: 13 October 2006

Latest update: 19 June 2025

People with significant control

Michael R.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	22 November 2023
Confirmation statement last made up date	08 November 2022

Annual Accounts
Start Date For Period Covered By Report	01 January 2016
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2017
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	01 January 2018
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2021
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022

Mike Reed Motors Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Tracey R.

Michael R.

Susan F.

People with significant control

Michael R.

Accounts Documents

Company filings

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