Motorsport Advanced Developments Ltd in Burnley, BB12 7AP

Description

Data updated on: 01-11-2023

The official day this firm was registered is Friday 20th March 2015. Started under company registration number 09501088, it is listed as a Private Limited Company. You may visit the main office of this firm during business hours at the following location: Thompson Street Padiham, BB12 7AP Burnley. The firm's Standard Industrial Classification Code is 32990 which means Other manufacturing n.e.c.. 2022-03-31 is the last time when company accounts were reported.

In this limited company, all of director's tasks have so far been carried out by Benjamin H., Christopher H., Daniel H. and Jonathan H.. Out of these four managers, Christopher H. has carried on with the limited company for the longest period of time, having been a part of the Management Board for 9 years. To support the directors in their duties, the limited company has been utilizing the skills of Karen H. as a secretary since the appointment on Tuesday 1st March 2016.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	92 444	52 239	25 313	59 052	83 397	372 566	247 715	185 219
Current Assets	371 317	355 156	362 149	501 948	441 550	837 919	915 743	908 993
Debtors	257 773	243 982	269 557	333 676	266 712	377 263	541 547	569 173
Net Assets Liabilities	433 906	368 964	233 578	332 624	379 775	484 561	692 157	757 135
Other Debtors			100	23 542	100	100	100	55 326
Property Plant Equipment	977 578	736 527	552 387	553 609	776 928	681 605	740 567	1 170 916
Total Inventories	21 100	58 935	67 279	109 220	91 441	88 090	126 481	154 601
Cash Bank In Hand	92 444
Intangible Fixed Assets	121 760
Net Assets Liabilities Including Pension Asset Liability	433 906
Stocks Inventory	21 100
Tangible Fixed Assets	977 578

Capital & Reserves
Called Up Share Capital	335 742
Profit Loss Account Reserve	42 224

Other Financial Data
Accrued Liabilities Deferred Income			6 582	6 207	18 027	14 871	8 721	11 462
Accumulated Amortisation Impairment Intangible Assets	24 352	53 574	82 797	112 019	141 241	146 112	146 112
Accumulated Depreciation Impairment Property Plant Equipment	130 476	364 290	548 430	677 408	848 527	1 063 749	1 251 032	1 489 567
Additions Other Than Through Business Combinations Property Plant Equipment		22 763		170 200	394 438	119 899	286 245	828 884
Average Number Employees During Period	11	12	12	16	16	14	13	15
Bank Borrowings Overdrafts						175 250
Corporation Tax Payable			50 255	17 475	-27	3 138	17 611
Creditors	578 208	564 082	470 820	222 491	352 045	423 290	250 331	488 580
Dividends Paid On Shares			63 315	34 093	4 871
Finance Lease Liabilities Present Value Total			18 525	88 233	284 915	248 040	250 331	488 580
Fixed Assets	1 099 338	829 065	615 702	587 702	781 799	681 605
Increase From Amortisation Charge For Year Intangible Assets		29 222	29 223	29 222	29 222	4 871
Increase From Depreciation Charge For Year Property Plant Equipment		240 064	184 140	153 393	171 119	215 222	220 239	268 535
Intangible Assets	121 760	92 538	63 315	34 093	4 871
Intangible Assets Gross Cost	146 112	146 112	146 112	146 112	146 112	146 112	146 112
Net Current Assets Liabilities	-206 891	-208 926	-108 671	29 308	20 418	330 926	362 674	222 451
Other Creditors			91 365	90 229	81 679	119 555	93 944	49 864
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		6 250		24 415			32 956	30 000
Other Disposals Property Plant Equipment		30 000		40 000			40 000	160 000
Other Remaining Borrowings			201 386	134 258	67 130
Other Taxation Social Security Payable			26 051	35 370	19 145	36 734	37 709	7 288
Prepayments Accrued Income				23 442	342	342	16 342	5 790
Property Plant Equipment Gross Cost	1 108 054	1 100 817	1 100 817	1 231 017	1 625 455	1 745 354	1 991 599	2 660 483
Provisions For Liabilities Balance Sheet Subtotal	88 777	81 309	53 542	61 895	70 397	104 680	160 753	147 652
Total Assets Less Current Liabilities	892 447	620 139	507 031	617 010	802 217	1 012 531	1 103 241	1 393 367
Trade Creditors Trade Payables			139 502	248 703	184 013	163 275	216 749	340 742
Trade Debtors Trade Receivables			269 457	310 134	266 270	376 821	525 105	508 057
Capital Employed	433 906
Capital Redemption Reserve	55 940
Creditors Due After One Year	369 764
Creditors Due Within One Year	578 208
Intangible Fixed Assets Additions	146 112
Intangible Fixed Assets Aggregate Amortisation Impairment	24 352
Intangible Fixed Assets Amortisation Charged In Period	24 352
Intangible Fixed Assets Cost Or Valuation	146 112
Number Shares Allotted	1 000
Number Shares Allotted Increase Decrease During Period	1 000
Par Value Share	10
Provisions For Liabilities Charges	88 777
Share Capital Allotted Called Up Paid	335 742
Tangible Fixed Assets Additions	1 162 554
Tangible Fixed Assets Cost Or Valuation	1 108 054
Tangible Fixed Assets Depreciation	130 476
Tangible Fixed Assets Depreciation Charged In Period	130 476
Tangible Fixed Assets Disposals	54 500
Value Shares Allotted Increase Decrease During Period	335 742

Company staff

Benjamin H.

Role: Director

Appointed: 01 April 2021

Latest update: 3 March 2024

Karen H.

Role: Secretary

Appointed: 01 March 2016

Latest update: 3 March 2024

Christopher H.

Role: Director

Appointed: 20 March 2015

Latest update: 3 March 2024

Daniel H.

Role: Director

Appointed: 20 March 2015

Latest update: 3 March 2024

Jonathan H.

Role: Director

Appointed: 20 March 2015

Latest update: 3 March 2024

People with significant control

Executives who have control over this firm are as follows: Christopher H. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Daniel H. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Jonathan H. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Christopher H.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Daniel H.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Jonathan H.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	01 January 2024
Confirmation statement last made up date	18 December 2022

Annual Accounts 9 December 2016
Start Date For Period Covered By Report	2015-06-01
End Date For Period Covered By Report	31 March 2016
Date Approval Accounts	9 December 2016
Annual Accounts
Start Date For Period Covered By Report	2016-04-01
End Date For Period Covered By Report	31 March 2017
Annual Accounts
Start Date For Period Covered By Report	2017-04-01
End Date For Period Covered By Report	31 March 2018
Annual Accounts
Start Date For Period Covered By Report	2018-04-01
End Date For Period Covered By Report	31 March 2019
Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	31 March 2022
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	31 March 2023

Motorsport Advanced Developments Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Benjamin H.

Karen H.

Christopher H.

Daniel H.

Jonathan H.

People with significant control

Christopher H.

Daniel H.

Jonathan H.

Accounts Documents

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