Must Have Ideas Ltd in Snodland, ME6 5SZ

Description

Data updated on: 01-11-2023

The firm is based in Snodland registered with number: 11293230. The company was started in the year 2018. The main office of the company is situated at The Ideas Factory, Arc Logistics Park Holborough Road. The area code is ME6 5SZ. The firm's SIC code is 82990 which stands for Other business support service activities not elsewhere classified. 2023-03-31 is the last time when the accounts were filed.

As the information gathered suggests, this limited company was built in 2018-04-05 and has so far been run by three directors.

Executives who control this firm include: Christopher F. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Amy K. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Robert K. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	61 766	501 649	1 126 252	1 186 301	1 961 092
Current Assets	162 265	744 699	2 727 256	5 944 843	5 900 473
Debtors	7 916	26 345	323 295	861 935	1 028 649
Net Assets Liabilities	68 210	264 630	433 768	47 460	2 047 590
Other Debtors	7 916	26 345	322 390	861 515	647 363
Property Plant Equipment	8 680	84 033	154 309	929 732	914 371
Total Inventories	92 583	216 705	1 277 709	3 896 607	2 910 732

Other Financial Data
Audit Fees Expenses				4 000	4 000
Accrued Liabilities Deferred Income				238 016	122 832
Accumulated Amortisation Impairment Intangible Assets			5 284	30 714	82 808
Accumulated Depreciation Impairment Property Plant Equipment	646	19 768	69 504	204 385	287 844
Additions Other Than Through Business Combinations Intangible Assets					85 648
Additions Other Than Through Business Combinations Property Plant Equipment					213 397
Administrative Expenses				3 002 278	4 006 267
Amortisation Expense Intangible Assets				25 431	52 094
Amortisation Impairment Expense Intangible Assets				25 431	52 094
Average Number Employees During Period	5	12	48	79	83
Bank Borrowings Overdrafts		109			618 384
Banking Arrangements Classified As Cash Cash Equivalents					-618 384
Bank Overdrafts					618 384
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment					23 341
Cash Cash Equivalents Cash Flow Value			1 126 252	1 186 301	1 342 708
Cash Receipts From Repayment Other Loans Advances Classified As Investing Activities					125 814
Cash Receipts From Sales Interests In Associates				176 186
Comprehensive Income Expense				-94 900	2 652 865
Corporation Tax Payable	14 828	142 971	320 042	107 832	553 611
Cost Sales				17 066 346	19 343 346
Creditors	101 086	57 556	367 982	2 585 370	583 167
Current Tax For Period					626 280
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				19 582	17 139
Depreciation Impairment Expense Property Plant Equipment				143 864	179 760
Dividends Paid				291 408	652 769
Dividends Paid Classified As Financing Activities				-291 408	-652 769
Dividends Paid On Shares Final				291 408	652 769
Finance Lease Liabilities Present Value Total				250 986	210 016
Finance Lease Payments Owing Minimum Gross				374 309	297 786
Finished Goods Goods For Resale				3 896 607	2 910 732
Fixed Assets		84 033	183 945	1 019 797	1 037 992
Further Item Interest Expense Component Total Interest Expense				2 990	-1 851
Further Item Tax Increase Decrease Component Adjusting Items				19 582	-12 689
Future Minimum Lease Payments Under Non-cancellable Operating Leases	51 604	40 626	3 480 898	3 384 387
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss				-12 877	-3 786
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				-2 212 050	1 977 698
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				362 454	40 900
Gain Loss In Cash Flows From Change In Inventories				2 618 898	-985 873
Gain Loss On Disposals Property Plant Equipment				657	-4 865
Government Grant Income				20 384
Gross Profit Loss				3 009 802	7 417 942
Income Taxes Paid Refund Classified As Operating Activities				-141 392	-180 501
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				-60 049	-156 407
Increase Decrease In Current Tax From Adjustment For Prior Periods				-70 818
Increase From Amortisation Charge For Year Intangible Assets			5 284	25 431	52 094
Increase From Depreciation Charge For Year Property Plant Equipment	646	19 122	49 805	143 864	179 760
Intangible Assets			29 636	90 065	123 621
Intangible Assets Gross Cost			34 920	120 781	206 429
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				10 963	45 855
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				26 230	28 873
Interest Income On Bank Deposits				36
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss				36
Interest Paid Classified As Operating Activities				-176 750	-127 061
Interest Payable Similar Charges Finance Costs				176 750	127 061
Interest Received Classified As Investing Activities				-518	-4 238
Net Cash Generated From Operations				570 568	-2 623 135
Net Current Assets Liabilities	61 179	241 401	621 053	1 635 863	1 632 734
Net Finance Income Costs				518	4 238
Number Equity Instruments Granted Share-based Payment Arrangement					250 002
Number Equity Instruments Outstanding Share-based Payment Arrangement					250 002
Operating Profit Loss				30 096	3 419 107
Other Creditors	35 768	57 556	367 982	2 252 395	38 855
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			68	8 983	96 300
Other Disposals Property Plant Equipment			973	9 608	145 298
Other Interest Expense				136 567	54 184
Other Interest Income				482	4 238
Other Interest Receivable Similar Income Finance Income				518	4 238
Other Operating Income Format1				22 572	7 432
Other Remaining Borrowings				2 911 835	1 858 449
Other Taxation Social Security Payable	39 530	136 523	868 130	332 975	489 021
Payments Finance Lease Liabilities Classified As Financing Activities				316 753	-76 523
Pension Other Post-employment Benefit Costs Other Pension Costs				14 098	20 227
Prepayments Accrued Income				338 385	380 701
Proceeds From Sales Property Plant Equipment				-1 282	-44 133
Profit Loss				-94 900	2 652 865
Profit Loss On Ordinary Activities Before Tax				-146 136	3 296 284
Property Plant Equipment Gross Cost	9 326	103 801	223 813	1 134 117	1 202 215
Provisions For Liabilities Balance Sheet Subtotal	1 649	3 248	3 248	22 830
Purchase Intangible Assets				-85 860	-85 648
Purchase Property Plant Equipment				-919 912	-213 397
Repayments Borrowings Classified As Financing Activities				2 103 572	-1 053 386
Social Security Costs				73 273	108 702
Staff Costs Employee Benefits Expense				1 159 363	1 589 607
Taxation Including Deferred Taxation Balance Sheet Subtotal				22 830	39 969
Tax Decrease Increase From Effect Revenue Exempt From Taxation				125
Tax Expense Credit Applicable Tax Rate				-27 766	626 294
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit				-43 706
Tax Increase Decrease From Effect Capital Allowances Depreciation				12 952	11 660
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				61	1 015
Tax Tax Credit On Profit Or Loss On Ordinary Activities				-51 236	643 419
Total Additions Including From Business Combinations Property Plant Equipment	9 326	94 475	120 985	919 912
Total Assets Less Current Liabilities	69 859	325 434	804 998	2 655 660	2 670 726
Total Borrowings				2 911 835	2 476 833
Total Current Tax Expense Credit				-70 818	626 280
Total Increase Decrease In Provisions					-34
Total Operating Lease Payments				147 108	264 155
Trade Creditors Trade Payables	10 960	59 691	257 850	637 895	871 968
Trade Debtors Trade Receivables			905	420	585
Turnover Revenue				20 076 148	26 761 288
Wages Salaries				1 071 992	1 460 678
Amount Received Or Receivable Under Long-term Incentive Schemes Directors				4 308	3 654
Director Remuneration				26 532	84 865
Director Remuneration Benefits Including Payments To Third Parties				30 840	88 519

Company staff

Christopher F.

Role: Director

Appointed: 01 September 2019

Latest update: 22 February 2024

Robert K.

Role: Director

Appointed: 05 April 2018

Latest update: 22 February 2024

Amy K.

Role: Director

Appointed: 05 April 2018

Latest update: 22 February 2024

People with significant control

Christopher F.

Notified on 1 September 2019

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Amy K.

Notified on 5 April 2018

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Robert K.

Notified on 5 April 2018

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2024
Account last made up date	31 March 2023
Confirmation statement next due date	21 March 2024
Confirmation statement last made up date	07 March 2023

Annual Accounts
Start Date For Period Covered By Report	2018-04-05
End Date For Period Covered By Report	2019-03-31
Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	2020-03-31
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Must Have Ideas Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Christopher F.

Robert K.

Amy K.

People with significant control

Christopher F.

Amy K.

Robert K.

Accounts Documents

Company filings

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