Modern Rugs Limited in Newcastle Upon Tyne, NE1 8AL

Description

Data updated on: 01-11-2023

Modern Rugs started conducting its business in the year 2009 as a Private Limited Company under the ID 06957693. The company has been prospering for fifteen years and the present status is liquidation. This company's headquarters is based in Newcastle Upon Tyne at Ground Floor Portland House. Anyone can also find the company using the area code, NE1 8AL. The enterprise's registered with SIC code 47910 and their NACE code stands for Retail sale via mail order houses or via Internet. 2019/08/31 is the last time the company accounts were reported.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-08-31	2015-08-31	2018-08-31	2019-08-31
Currency
Net Worth	1 476 302	1 716 897

Balance Sheet
Cash Bank On Hand			169 847	82 690
Current Assets	1 790 902	2 195 472	2 288 545	2 294 169
Debtors	274 539	1 597 075	1 844 270	1 974 245
Net Assets Liabilities			1 768 304	1 618 233
Other Debtors			58 625	79 266
Property Plant Equipment			143 667	120 217
Total Inventories			274 428	237 234
Cash Bank In Hand	1 436 119	493 291
Intangible Fixed Assets	337 500
Net Assets Liabilities Including Pension Asset Liability	1 476 302	1 716 897
Stocks Inventory	80 244	105 106
Tangible Fixed Assets	17 276	64 808

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	1 476 202	1 716 797
Shareholder Funds	1 476 302	1 716 897

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets			450 000	450 000
Accumulated Depreciation Impairment Property Plant Equipment			23 955	82 211
Additions Other Than Through Business Combinations Property Plant Equipment				40 638
Amounts Owed By Group Undertakings Participating Interests			1 785 645	1 894 979
Average Number Employees During Period			13	14
Creditors			640 733	796 153
Future Minimum Lease Payments Under Non-cancellable Operating Leases			46 753	21 682
Increase From Depreciation Charge For Year Property Plant Equipment				61 095
Intangible Assets Gross Cost			450 000	450 000
Net Current Assets Liabilities	1 124 004	1 664 250	1 647 812	1 498 016
Other Creditors			181 708	164 054
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				2 839
Other Disposals Property Plant Equipment				5 832
Property Plant Equipment Gross Cost			167 622	202 428
Provisions For Liabilities Balance Sheet Subtotal			23 175
Taxation Social Security Payable			145 186	242 337
Total Assets Less Current Liabilities	1 478 780	1 729 058	1 791 479	1 618 233
Trade Creditors Trade Payables			313 839	389 762
Creditors Due Within One Year	666 898	531 222
Fixed Assets	354 776	64 808
Intangible Fixed Assets Aggregate Amortisation Impairment	112 500	450 000
Intangible Fixed Assets Amortisation Charged In Period		337 500
Intangible Fixed Assets Cost Or Valuation	450 000	450 000
Number Shares Allotted		100
Other Debtors Due After One Year		1 505 277
Par Value Share		1
Provisions For Liabilities Charges	2 478	12 161
Share Capital Allotted Called Up Paid	100	100
Tangible Fixed Assets Additions		58 770
Tangible Fixed Assets Cost Or Valuation	89 290	148 060
Tangible Fixed Assets Depreciation	72 014	83 252
Tangible Fixed Assets Depreciation Charged In Period		11 238