Morgan's Electrics (stourbridge) Limited in Oldham, OL1 1TE

Description

Data updated on: 01-11-2023

The company is situated in Oldham registered with number: 06479820. This firm was started in 2008. The main office of this firm is located at C/o Bridgestones Limited 125/127 Union Street. The post code for this address is OL1 1TE. This company's SIC code is 47540 meaning Retail sale of electrical household appliances in specialised stores. Morgan's Electrics (stourbridge) Ltd released its account information for the financial period up to Sunday 31st January 2021. Its latest confirmation statement was submitted on Saturday 22nd January 2022.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-01-31	2016-01-31	2017-01-31	2018-01-31	2019-01-31	2020-01-31	2021-01-31
Currency
Net Worth	-10 913	985

Balance Sheet
Cash Bank On Hand		3 248	4 995	1 809	2 480	2 729	7 569
Current Assets	48 064	45 899	47 445	44 810	39 231	40 979	30 692
Debtors							473
Net Assets Liabilities		985	5 479	4 326	4 535	3 866	1 367
Other Debtors							473
Property Plant Equipment		4 158	4 769	3 527	2 868	4 214	3 161
Total Inventories		42 651	42 450	43 001	36 751	38 250	22 650
Cash Bank In Hand	1 563	3 248
Net Assets Liabilities Including Pension Asset Liability	-10 913	985
Stocks Inventory	46 501	42 651
Tangible Fixed Assets	5 544	4 158

Capital & Reserves
Called Up Share Capital	2	2
Profit Loss Account Reserve	-10 915	983
Shareholder Funds	-10 913	985

Other Financial Data
Accrued Liabilities			2 434	5 157	259	1 171
Accrued Liabilities Not Expressed Within Creditors Subtotal		-155	-260
Accumulated Amortisation Impairment Intangible Assets		15 000	15 000	15 000	15 000	15 000	15 000
Accumulated Depreciation Impairment Property Plant Equipment		9 366	10 555	12 397	13 056	14 210	15 263
Additions Other Than Through Business Combinations Property Plant Equipment			1 800	600		2 500
Amount Specific Bank Loan			18 375	11 625	6 750
Average Number Employees During Period		1	1	1	1	1	1
Bank Borrowings			18 375	6 750	3 750
Comprehensive Income Expense		11 898	4 494
Creditors		33 000	18 375	6 750	3 750	39 154	21 357
Dividend Per Share Interim				200	200	200
Finance Lease Liabilities Present Value Total						2 724	3 276
Finished Goods Goods For Resale		42 651	42 450	43 001	36 751	38 250
Increase From Depreciation Charge For Year Property Plant Equipment			1 189	1 842	659	1 154	1 053
Intangible Assets Gross Cost		15 000	15 000	15 000	15 000	15 000	15 000
Net Current Assets Liabilities	27 014	29 827	19 345	8 219	5 962	3 177	9 335
Number Shares Issued Fully Paid			2	2	2	2
Other Creditors				5 003	7 003	7 111	15 915
Other Remaining Borrowings						2 724
Par Value Share		1		1	1	1
Profit Loss		11 898	4 494
Property Plant Equipment Gross Cost		13 524	15 324	15 924	15 924	18 424	18 424
Provisions For Liabilities Balance Sheet Subtotal				670	545	801
Redeemable Preference Shares Liability						1 171	1 644
Taxation Social Security Payable			1 683	1 261	903	568	52
Total Assets Less Current Liabilities	32 558	33 985	23 855	11 746	8 830	6 039	12 496
Total Borrowings			18 375	6 750	3 750	2 724
Trade Creditors Trade Payables			17 492	25 298	22 104	26 779	470
Creditors Due After One Year	43 471	33 000
Creditors Due Within One Year	21 050	16 072
Fixed Assets	5 544	4 158
Intangible Fixed Assets Aggregate Amortisation Impairment	15 000
Intangible Fixed Assets Cost Or Valuation	15 000
Number Shares Allotted		2
Secured Debts	11 375	3 447
Share Capital Allotted Called Up Paid	2	2
Tangible Fixed Assets Cost Or Valuation	13 524
Tangible Fixed Assets Depreciation	7 980	9 366
Tangible Fixed Assets Depreciation Charged In Period		1 386