Miko Engineering Limited in Jarrow, NE32 3EG

Description

Data updated on: 01-11-2023

2001 signifies the start of Miko Engineering Limited, a company located at 46 Cuthbert Court, Bede Industrial Estate, Jarrow. That would make 23 years Miko Engineering has been on the local market, as the company was created on 2001/10/16. Its Companies House Registration Number is 04305580 and the company area code is NE32 3EG. The company has operated under three previous names. The company's very first name, Dynamicace, was changed on 2002/01/25 to Ik Metal. The current name is in use since 2008, is Miko Engineering Limited. This firm's Standard Industrial Classification Code is 25990 which means Manufacture of other fabricated metal products n.e.c.. Miko Engineering Ltd released its account information for the period up to 2022-12-30. The company's latest annual confirmation statement was submitted on 2023-04-14.

On 2014-09-30, the company was recruiting a Installation Operative to fill a full time post in the engeneering in Jarrow, Tyne-Tees. They offered a full time job with salary £17550 per year. The offered job required experienced worker. Candidates for the post were asked to contact the company at the following email address: jackie@mikoengineering.co.ukwith job offer code Install.

We have identified 2 councils and public departments cooperating with the company. The biggest counter party of them all is the Gateshead Council, with over 41 transactions from worth at least 500 pounds each, amounting to £181,160 in total. The company also worked with the Newcastle City Council (1 transaction worth £2,906 in total). Miko Engineering was the service provided to the Gateshead Council Council covering the following areas: Works and Supplies And Services was also the service provided to the Newcastle City Council Council covering the following areas: Ashfield Nursery.

As the information gathered suggests, the following limited company was formed in October 2001 and has been managed by seven directors, and out this collection of individuals five (Andrew D., Jacqueline K., Hugh M. and 2 other members of the Management Board who might be found within the Company Staff section of our website) are still participating in the company's duties. What is more, the managing director's responsibilities are backed by a secretary - Ian M., who was officially appointed by this limited company in March 2004.

Previous company's names
Miko Engineering Limited 2008-03-27
Ik Metal Limited 2002-01-25
Dynamicace Limited 2001-10-16

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-30	2021-12-30	2022-12-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	49 783	49 167	31 061	34 009	30 359

Balance Sheet
Cash Bank On Hand					173 945	28 061	26 117	34 209	36 731	69 118	56 775	159 504
Current Assets	228 760	180 083	212 131	126 794	378 463	286 877	194 438	364 810	310 286	434 998	283 384	620 549
Debtors	191 151	105 796	166 736	88 929	167 152	226 089	156 081	296 288	238 443	341 322	173 174	420 345
Net Assets Liabilities					30 359	45 049	32 047	111 611	106 439	18 423	48 685	246 897
Other Debtors						4 254					12 386	12 158
Property Plant Equipment					34 518	29 773	27 021	30 729	41 188	40 902	36 791	43 815
Total Inventories					37 366	32 727	12 240	34 313	35 112	24 558	53 435	40 700
Cash Bank In Hand	30 486	63 005	27 432	25 841	173 945
Net Assets Liabilities Including Pension Asset Liability	49 783	49 167	31 061	34 009	30 359
Stocks Inventory	7 123	11 282	17 963	12 024	37 366
Tangible Fixed Assets	44 214	34 639	28 840	37 254	34 518

Capital & Reserves
Called Up Share Capital	4	4	4	4	4
Profit Loss Account Reserve	49 779	49 163	31 057	34 005	30 355
Shareholder Funds	49 783	49 167	31 061	34 009	30 359

Other Financial Data
Accrued Liabilities Deferred Income									26 361	26 061	16 848	20 547
Accumulated Amortisation Impairment Intangible Assets										1 163	5 140	9 118
Accumulated Depreciation Impairment Property Plant Equipment					75 491	82 866	89 070	94 907	75 507	78 566	88 182	97 439
Additions Other Than Through Business Combinations Property Plant Equipment										9 108	5 505	16 281
Average Number Employees During Period					12	12	12	13	14	13	16	14
Bank Borrowings Overdrafts										44 167	32 325	21 560
Corporation Tax Payable					28 704	35 314	19 204	37 360	21 713	15 651	32 062	78 306
Creditors					377 540	267 238	185 416	279 968	11 227	50 282	33 327	21 560
Dividends Paid									132 300	90 000
Finance Lease Liabilities Present Value Total									11 227	6 115	1 002	1 002
Fixed Assets									41 188	48 741	51 538	54 584
Increase From Amortisation Charge For Year Intangible Assets										1 163	3 977	3 978
Increase From Depreciation Charge For Year Property Plant Equipment						7 375	6 204	5 837	10 478	9 394	9 616	9 257
Intangible Assets										7 839	14 747	10 769
Intangible Assets Gross Cost										9 002	19 887
Net Current Assets Liabilities	21 269	25 566	9 053	2 538	923	19 639	9 022	84 842	83 812	27 332	39 237	221 866
Other Creditors					44 028	44 248	76 005	45 636	39 685	130 879	71 946	152 386
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment										6 335
Other Disposals Property Plant Equipment										6 335
Other Taxation Social Security Payable					37 530	13 594	2 363	22 049	34 643	42 860	7 424	1 232
Prepayments Accrued Income					11 256	13 996	14 870	4 369	28 053	26 515	20 301	14 770
Profit Loss									127 128	1 984
Property Plant Equipment Gross Cost					110 009	112 639	116 091	125 636	116 695	119 468	124 973	141 254
Provisions For Liabilities Balance Sheet Subtotal					5 082	4 363	3 996	3 960	7 334	7 368	8 763	7 993
Total Assets Less Current Liabilities	65 483	60 205	37 893	39 792	35 441	49 412	36 043	115 571	125 000	76 073	90 775	276 450
Trade Creditors Trade Payables					162 134	94 476	70 456	101 906	85 032	181 269	99 606	134 287
Trade Debtors Trade Receivables					155 896	207 839	138 889	291 919	210 390	314 807	140 487	393 417
Accruals Deferred Income	9 744	6 400	3 055
Accrued Liabilities					10 185	3 508	4 160	25 548	26 361
Creditors Due Within One Year	207 491	154 517	203 078	124 256	377 540
Number Shares Allotted		4	4	4	4
Other Remaining Borrowings					30 000
Par Value Share		1	1	1	1
Provisions For Liabilities Charges	5 956	4 638	3 777	5 783	5 082
Recoverable Value-added Tax							2 322
Share Capital Allotted Called Up Paid	4	4	4	4	4
Tangible Fixed Assets Additions		8 158	626	17 909	7 051
Tangible Fixed Assets Cost Or Valuation	110 840	103 498	104 124	116 783	110 009
Tangible Fixed Assets Depreciation	66 626	68 859	75 284	79 529	75 491
Tangible Fixed Assets Depreciation Charged In Period		7 753	6 425	8 637	9 253
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		5 520		4 392	13 291
Tangible Fixed Assets Disposals		15 500		5 250	13 825
Total Additions Including From Business Combinations Property Plant Equipment						2 630	3 452	9 545	25 054
Disposals Decrease In Depreciation Impairment Property Plant Equipment									29 878
Disposals Property Plant Equipment									33 995