Mycoverplan Insurance Services Ltd in Wallsend, NE28 9NZ

Description

Data updated on: 01-11-2023

The day this firm was founded is Wed, 21st Apr 2010. Started under no. 07230612, the company operates as a Private Limited Company. You can reach the main office of this firm during its opening hours under the following address: Cobalt Business Exchange Cobalt Park Way, NE28 9NZ Wallsend. 10 years ago the company changed its name from Pinpoint Marketing to Mycoverplan Insurance Services Ltd. This company's SIC code is 65120 which stands for Non-life insurance. The firm's most recent filed accounts documents cover the period up to 2022-03-31 and the most recent confirmation statement was released on 2023-04-21.

At the moment, the directors enumerated by this particular company include: Paul S. appointed 3 years ago, Nicholas H. appointed six years ago and Robert C. appointed eight years ago.

The companies that control this firm are: Mechanical Breakdown & General Insurance Services Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Wallsend at Cobalt Park Way, NE28 9NZ.

Previous company's names
Mycoverplan Insurance Services Ltd 2014-12-08
Pinpoint Marketing Ltd 2010-04-21

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-04-30	2013-04-30	2014-04-30	2015-04-30	2016-04-30	2017-04-30	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-132 561	107 433	-89 770	-165 820	-128 052

Balance Sheet
Cash Bank On Hand					2 688	1 463	39 454	2 764	2 784	1 530	6 409	34 924
Current Assets	101 065	155 621	113 963	72 172	100 404	44 213	79 292	199 484	87 306	46 271	36 462	53 377
Debtors	78 989	81 992	75 189	66 237	97 166	42 750	39 838	196 720	84 522	44 741	30 053	18 453
Net Assets Liabilities						-114 244	26 218	170 285	9 497	13 889	26 345	26 237
Other Debtors					68 310	28 126	25 446	57 068	71 403	44 741	7 336	10 945
Property Plant Equipment					14 937	10 000	6 667	3 334
Cash Bank In Hand	18 091	69 582	34 221	3 872	2 688
Net Assets Liabilities Including Pension Asset Liability	-132 561	107 433	-89 770	-165 820	-128 052
Stocks Inventory	3 985	4 047	4 553	2 063	550
Tangible Fixed Assets	19 517	36 865	32 563	24 766	14 937
Total Inventories					550

Capital & Reserves
Called Up Share Capital	90	90	150	150	150
Profit Loss Account Reserve	-132 651	107 343	-89 920	-165 970	-128 202
Shareholder Funds	-132 561	107 433	-89 770	-165 820	-128 052

Other Financial Data
Accrued Liabilities								400	400	400	400	2 711
Accumulated Depreciation Impairment Property Plant Equipment					65 318	70 255	73 558	76 891	80 225	10 000	10 000	10 000
Amounts Owed By Related Parties							2 436	125 708			20 717	7 508
Amounts Owed To Related Parties						143 276			50 263	7 104
Average Number Employees During Period						3	2	2	2	2	3	3
Bank Overdrafts									2
Creditors					243 393	168 457	59 741	32 533	77 809	32 382	10 117	27 140
Decrease In Loans Owed By Related Parties Due To Loans Repaid								-31 458	-329 311		27 821	-13 209
Decrease In Loans Owed To Related Parties Due To Loans Repaid							-143 276
Increase From Depreciation Charge For Year Property Plant Equipment						4 937	3 333	3 333	3 334
Increase In Loans Owed By Related Parties Due To Loans Advanced							2 435	154 731	153 340	43 159
Increase In Loans Owed To Related Parties Due To Loans Advanced						143 276
Loans Owed By Related Parties							2 435	125 708	-50 263	-7 104	20 717	7 508
Loans Owed To Related Parties						143 276
Net Current Assets Liabilities	-47 678	70 568	-7 333	-7 586	-142 989	-124 244	19 551	166 951	9 497
Other Creditors					213 368	1	59 741	32 133	27 144	24 878	9 717	24 429
Prepayments											2 000
Property Plant Equipment Gross Cost					80 255	80 225	80 225	80 225	80 225	10 000	10 000	10 000
Total Borrowings									2
Trade Debtors Trade Receivables					28 856	14 624	11 956	13 944	13 119
Director Remuneration						73 769
Amount Specific Advance Or Credit Directors					15 899
Amount Specific Advance Or Credit Made In Period Directors					15 899
Amount Specific Advance Or Credit Repaid In Period Directors						15 899
Accruals Deferred Income	104 400
Amounts Owed To Group Undertakings						143 276
Bank Borrowings Overdrafts					22 480
Creditors Due After One Year			115 000	183 000
Creditors Due Within One Year	148 743	85 053	121 296	79 758	243 393
Number Shares Allotted		90	60	60	60
Other Taxation Social Security Payable					763
Par Value Share		1	1	1	1
Secured Debts			138 727	207 274	193 480
Share Capital Allotted Called Up Paid	90	90	60	60	60
Tangible Fixed Assets Additions		29 728	10 098	8 254
Tangible Fixed Assets Cost Or Valuation	32 175	61 903	72 001	80 255
Tangible Fixed Assets Depreciation	12 658	25 038	39 438	55 489	65 318
Tangible Fixed Assets Depreciation Charged In Period		12 380	14 400	16 051	9 829
Total Assets Less Current Liabilities	-28 161	107 433	25 230	17 180	-128 052	-114 244
Trade Creditors Trade Payables					6 782	25 180