M.w.e. Limited in Old Basford, Nottingham, NG6 0DW

Description

Data updated on: 01-11-2023

1998 marks the establishment of M.w.e. Limited, the firm which is situated at Unit C3, Park Lane Business, Centre, Park Lane, Old Basford, Nottingham. This means it's been twenty six years M.w.e has prospered in the United Kingdom, as it was established on Wednesday 15th April 1998. The registered no. is 03546210 and the company postal code is NG6 0DW. This business's SIC code is 43210 and has the NACE code: Electrical installation. M.w.e. Ltd reported its account information for the financial period up to Thu, 31st Mar 2022. Its most recent confirmation statement was filed on Mon, 3rd Apr 2023.

As for this business, the majority of director's obligations have been fulfilled by Jacqueline M. and Richard M.. Amongst these two managers, Richard M. has managed business for the longest period of time, having been a part of company's Management Board since April 1998. To provide support to the directors, this business has been using the skills of Jacqueline M. as a secretary since 2000.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-03-31	2014-03-31	2015-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	12 129	52 819	70 871

Balance Sheet
Cash Bank On Hand				4	82 089	47 318	56 951	74 629	237 860
Current Assets	306 939	327 527	278 731	356 270	364 363	269 370	373 099	430 853	551 484
Debtors	271 305	291 893	208 694	328 766	244 613	195 652	292 794	349 724	308 874
Net Assets Liabilities				123 746	113 869	74 990	109 711	217 230	338 707
Other Debtors				325	2 570	22	73 215	128 214	16 815
Property Plant Equipment				14 522	28 526	23 576	13 020	53 798	73 626
Total Inventories				27 500	37 661	26 400	23 354	6 500	4 750
Cash Bank In Hand		5 000	40 003
Net Assets Liabilities Including Pension Asset Liability	12 129	52 819	70 871
Stocks Inventory	35 634	30 634	30 034
Tangible Fixed Assets	294	11 646	43 280

Capital & Reserves
Called Up Share Capital	100	100	100
Profit Loss Account Reserve	12 029	52 719	70 771
Shareholder Funds	12 129	52 819	70 871

Other Financial Data
Accrued Liabilities Deferred Income				2 867	2 627	2 627	2 627	2 340	2 402
Accumulated Depreciation Impairment Property Plant Equipment					205 624	223 682	214 961	238 870	254 067
Amounts Owed By Directors								3 700	4 928
Average Number Employees During Period				14	12	15	14	15	14
Bank Borrowings Overdrafts				28 162	41 999	25 066	29 053	14 173	10 000
Corporation Tax Payable				38 107	6 846	1 475	21 853	24 599
Creditors				244 446	265 156	212 027	232 241	192 226	207 946
Deferred Tax Liabilities				2 600	5 200	4 500	2 500	10 000
Disposals Decrease In Depreciation Impairment Property Plant Equipment						10 181			-4 000
Disposals Property Plant Equipment						10 181			-4 000
Dividends Paid On Shares				60 000	50 000	42 000	50 000	48 000	52 500
Finance Lease Liabilities Present Value Total				12 248	7 621	7 435	1 335	15 809	24 440
Finished Goods Goods For Resale				14 700	25 781
Fixed Assets				14 522	28 526	23 576	13 020	53 798	73 626
Future Minimum Lease Payments Under Non-cancellable Operating Leases				128 000	112 000
Increase Decrease In Depreciation Impairment Property Plant Equipment					177	355	355	355	179
Increase Decrease In Net Deferred Tax Liability From Amount Recognised In Profit Or Loss					2 600	-700	-2 000	7 500
Increase From Depreciation Charge For Year Property Plant Equipment					12 934	7 877	11 641	23 909	19 197
Loans From Directors				14 267	10 873	1 526	2 041
Net Current Assets Liabilities	11 835	47 119	62 123	111 824	99 207	57 343	140 858	238 627	343 538
Other Creditors				15 806	68 712	78 880	50 777	2 173	2 126
Other Taxation Social Security Payable				66 126	46 676	40 458	66 974	24 339
Prepayments Accrued Income				13 708	17 575	18 828	25 224	34 795	42 280
Property Plant Equipment Gross Cost					234 150	247 258	227 981	292 668	327 693
Raw Materials Consumables					11 800	11 400	9 300	6 500	4 750
Taxation Including Deferred Taxation Balance Sheet Subtotal				-2 600	-5 200	-4 500	-2 500	-10 000	-18 000
Taxation Social Security Payable								48 938	91 595
Total Additions Including From Business Combinations Property Plant Equipment					26 938	2 927	1 085	64 687	39 025
Total Assets Less Current Liabilities	12 129	58 765	105 403	126 346	127 733	80 919	153 878	292 425	417 164
Total Borrowings				55 898	126 078	111 185	71 386	19 982	63 230
Trade Creditors Trade Payables				66 863	79 802	54 560	57 581	108 793	77 383
Trade Debtors Trade Receivables				314 733	224 468	176 802	194 355	183 015	244 851
Work In Progress				12 800	25 861	15 000	14 054	15 930
Creditors Due After One Year		5 946	26 332
Creditors Due Within One Year	295 104	280 408	216 608
Number Shares Allotted		100	100
Par Value Share		1	1
Provisions For Liabilities Charges			8 200
Secured Debts	103 416	111 546	90 397
Share Capital Allotted Called Up Paid	100	100	100
Tangible Fixed Assets Additions		15 764	47 988
Tangible Fixed Assets Cost Or Valuation	115 660	131 424	179 412
Tangible Fixed Assets Depreciation	115 366	119 778	136 132
Tangible Fixed Assets Depreciation Charged In Period		4 412	16 354
Advances Credits Directors	1 953	2 440	9 263
Advances Credits Made In Period Directors	29 101	24 663
Advances Credits Repaid In Period Directors	40 000	25 150