Company Identification Details
|
Subject Reported on
|
MSS PRODUCTS LIMITED
|
|
Registration Number
|
04361302
|
|
VAT Number
|
GB876325496
|
|
Address
|
BANKFIELD ROAD, TYLDESLEY, MANCHESTER, LANCS, M29 8QH.
|
|
Telephone
|
0161 703 9990
|
|
Facsimile
|
0161 703 9911
|
|
Email
|
info@themssgroup.co.uk
|
|
Web Address
|
www.mssproducts.com
|
Creditline Recommendations
|
Monthly Credit Guide
|
GBP 73,000
|
|
|
|
|
Legal Form
|
Private Limited
|
|
Registration Number
|
04361302
|
|
VAT Number
|
GB876325496
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
28/01/2002
|
|
Registered Office
|
BANKFIELD ROAD, TYLDESLEY, MANCHESTER, M29 8QH.
|
|
History
|
10/03/2006
: The Registered Office address changed from KINGFISHER CENTRE, FUTURES
PARK, BACUP, LANCA.
|
|
|
18/06/2005
: The Registered Office address changed from BANKFIELD ROAD, TYLDESLEY,
MANCHESTER, M29 8.
|
|
|
5/08/2003
: The Registered Office address changed from ST JAMESS COURT BROWN STREET,
MANCHESTER, GRE.
|
|
|
4/02/2002
: Change of name from HALLCO 700 LIMITED.
|
|
Date of Last Annual Return to Registry
|
28/01/2011
|
|
Accounts
|
The last filed accounts at Companies House are those to
30/09/2010
|
|
Accounting Reference Date
|
30/09
|
|
Activities
|
The stocking of copper and other non ferrous metals.
|
|
Nace Code
|
5152
|
|
Premises
|
Leased,Offices,Warehouse
|
|
Staff Employed
|
13
|
|
Trade Names
|
MSS
|
|
Import Countries
|
EUROPE, FAR EAST
|
|
Export Countries
|
EUROPE, FAR EAST
|
|
Bankers
|
LLOYDS TSB BANK PLC
|
|
Address
|
B+C SC MANCHESTER.
|
|
Sort Code
|
301679
|
|
Auditors
|
Mazars LLP
|
|
Associated Companies
|
M.S.S.
(NORTH WEST) LIMITED (Dissolved)
|
|
|
MSS
INDIA (PVT) LTD
|
|
Subsidiaries
|
ACR
SOURCING LIMITED
|
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
2
|
6
|
8
|
|
Search History Details
|
|
|
|
The Search History Details shows details of the most
recent 40 searches
|
|
Date
|
Description
|
|
10/02/2012
|
Miscellaneous
|
|
05/12/2011
|
Miscellaneous
|
|
01/11/2011
|
Miscellaneous
|
|
25/08/2011
|
Miscellaneous
|
|
17/08/2011
|
Miscellaneous
|
|
17/08/2011
|
Miscellaneous
|
|
28/04/2011
|
Miscellaneous
|
|
13/04/2011
|
Miscellaneous
|
|
12/01/2011
|
Miscellaneous
|
Public Record Information
|
|
Summary of CCJ's/Scottish Decrees
|
|
No CCJs/Scottish Decrees are
recorded in our file.
|
Summary of Mortgages, Charges
and Satisfactions
|
|
Total Number of Mortgages/Charges Registered
|
6
|
|
Number Outstanding
|
3
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
3
|
|
|
|
|
Date of Latest Mortgage Created
|
07/11/2008
|
|
Date of Latest Satisfaction
|
19/05/2011
|
Details of most recent
Mortgages, Charges and Satisfactions
|
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form
Type
|
Lender
|
|
|
11/11/2008
|
07/11/2008
|
Deed
Of Admission To An Omnibus Guarantee And Set Off Agreem....
|
395
|
Lloyds
Tsb Bank Plc
|
|
19/05/2011
|
09/05/2007
|
01/05/2007
|
An
Omnibus Guarantee And Set-Off Agreement (Ogsa)
|
395
|
Lloyds
Tsb Bank Plc
|
|
|
11/04/2007
|
04/04/2007
|
Debenture
|
395
|
Lloyds
Tsb Bank Plc
|
|
|
11/04/2007
|
04/04/2007
|
An
Omnibus Guarantee And Set-Off Agreement
|
395
|
Lloyds
Tsb Bank Plc
|
|
01/07/2006
|
06/04/2002
|
05/04/2002
|
Fixed
Charge On Purchased Debts Which Fail To Vest
|
395
|
Hsbc
Invoice Finance (Uk) Limited
|
|
25/07/2009
|
04/04/2002
|
02/04/2002
|
Debenture
|
395
|
Hsbc Bank Plc
|
|
It should be noted that there is no legal requirement to
file satisfaction details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
|
07/07/2009
|
Companies House Gazette
|
Change among directors of a company
|
|
19/12/2006
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
08/12/2006
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
25/11/2006
|
Companies House Gazette
|
Change among directors of a company
|
|
04/04/2006
|
Companies House Gazette
|
Change among directors of a company
|
|
17/07/2004
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
04/04/2003
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
04/04/2003
|
Companies House Gazette
|
Resolutions or agreements to which section 380 applies
(relating to shares rights or names)
|
|
23/07/2002
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
23/07/2002
|
Companies House Gazette
|
Resolutions which give vary
|
|
27/02/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
05/02/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
Secretary
|
JUDITH ANNE DUNN
|
|
Service Address
|
57 THE MOORLANDS, WEIR, BACUP, LANCASHIRE, OL13 8BT.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
27/11/1953
|
|
Appointment Date
|
01/04/2006
|
|
Director
|
ROY PHILIP CALVIN
|
|
Service Address
|
THE LYMES, PRIORY ROAD BOWDEN, ALTRINCHAM, CHESHIRE,
WA14 3BS.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
25/01/1965
|
|
Appointment Date
|
20/11/2006
|
|
Other Directorships
|
MSS INDIA PRIVATE LIMITED, G. CORNER ELECTRICAL
SYSTEMS LTD, EECO DEVELOPMENTS LIMITED, ELECTROWINNING RESOURCES
LIMITED
|
|
Director
|
BRIAN JOSEPH HALL
|
|
Service Address
|
WHITE PADDOCKS, HARWOOD ROAD TOTTINGTON, BURY,
LANCASHIRE, BL8 3PT.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
27/11/1946
|
|
Appointment Date
|
20/11/2006
|
|
Other Directorships
|
MSS INDIA PRIVATE LIMITED, BRYDEN (UK)
LIMITED, LOGISTICS & DISTRIBUTION SERVICES LIMITED, ONE
ELECTRICAL LTD, G. CORNER ELECTRICAL SYSTEMS LTD, MSS SOUTH
AFRICA LIMITED, MSS GLOBAL SOURCING LIMITED, M I B A
LIMITED, BRYDEN CAPITAL LTD, ELECTROWINNING RESOURCES LIMITED
|
|
Director
|
MICHAEL CAMILUS DINNEEN
|
|
Service Address
|
27 GREENWOOD, KENDAL, CUMBRIA, LA9 5ED.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
20/11/1969
|
|
Appointment Date
|
30/01/2002
|
|
Other Directorships
|
BRYDEN (UK) LIMITED, BRYDEN CAPITAL LTD
|
|
Director
|
LIAM GREGORY HALL
|
|
Service Address
|
SANDHOLE FARM, WASH LANE, ALLOSTOCK, CHESHIRE, WA16 9LH.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
14/06/1969
|
|
Appointment Date
|
30/01/2002
|
|
Other Directorships
|
MSS SOUTH AFRICA LIMITED, MSS GLOBAL SOURCING
LIMITED
|
|
Shares
|
Ordinary A GBP 0.01
|
|
Issued Number
|
20,000
|
|
Shares
|
Ordinary B GBP 1.00
|
|
Issued Number
|
20
|
|
Principal Shareholder
|
7,520 B.J. Hall 1997 Settlement
|
|
|
7,520 Liam Gregory Hall
|
|
|
4,960 Brian Joseph Hall
|
|
|
20 Brian Joseph Hall
|
|
The above reflects the principle shareholder(s) by
number of shares held, irrespective of share classification type.
|
|
The
directors do not appear to be connected with any insolvent limited
companies nor do they appear as disqualified directors.
During
the year ended 30.9.2010, the subject acquired the trades of: MIBA Limited
and MSS Global Sourcing Limited.
These acquisitions are included in the 2010
accounts.
|
Financial Data– Statutory
Accounts
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
30/09/2010
|
30/09/2009
|
30/09/2008
|
30/09/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
12567
|
7564
|
10986
|
9741
|
|
Cost of goods sold
|
11132
|
6686
|
9875
|
8694
|
|
GROSS PROFIT
|
1435
|
878
|
1111
|
1047
|
|
Wages and Salaries
|
498
|
299
|
210
|
139
|
|
Directors Emoluments
|
109
|
52
|
|
|
|
Auditors Fees
|
9
|
12
|
9
|
13
|
|
Trading Profit
|
387
|
294
|
365
|
444
|
|
Depreciation
|
24
|
13
|
14
|
12
|
|
OPERATING PROFIT
|
363
|
281
|
351
|
432
|
|
Non Trading Income
|
|
(40)
|
|
1
|
|
Interest Payable
|
24
|
22
|
135
|
118
|
|
PRE TAX PROFIT
|
339
|
219
|
216
|
315
|
|
Taxation
|
104
|
76
|
73
|
120
|
|
PROFIT AFTER TAX
|
235
|
143
|
143
|
195
|
|
RETAINED PROFITS
|
235
|
143
|
143
|
195
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
30/09/2010
|
30/09/2009
|
30/09/2008
|
30/09/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
50
|
67
|
41
|
34
|
|
Tangible Assets
|
39
|
57
|
27
|
16
|
|
Fixed Assets
|
39
|
57
|
27
|
16
|
|
Intangible Assets
|
11
|
10
|
14
|
18
|
|
TOTAL CURRENT ASSETS
|
7868
|
3588
|
4907
|
4117
|
|
Trade debtors
|
3632
|
1290
|
2176
|
1776
|
|
Stocks
|
3202
|
1532
|
2470
|
2163
|
|
Other Current Assets
|
1034
|
766
|
261
|
178
|
|
Misc Current Assets
|
91
|
196
|
136
|
139
|
|
Due From Group
|
274
|
532
|
125
|
39
|
|
Cash
|
669
|
38
|
|
|
|
TOTAL ASSETS
|
7918
|
3655
|
4948
|
4151
|
|
TOTAL CURRENT LIABILITIES
|
6601
|
2073
|
3509
|
2854
|
|
Trade creditors
|
5868
|
1613
|
1995
|
925
|
|
Short Term Loans
|
139
|
|
632
|
1009
|
|
Bank Overdraft
|
|
|
539
|
168
|
|
Due To Group
|
139
|
|
93
|
841
|
|
Other Liabilities
|
594
|
460
|
882
|
920
|
|
WORKING CAPITAL
|
1267
|
1515
|
1398
|
1263
|
|
TOTAL LONG TERM LIABS
|
|
500
|
500
|
500
|
|
Long Term Loans
|
|
500
|
500
|
500
|
|
Other Finance
|
|
500
|
500
|
500
|
|
NET ASSETS/(LIABILITIES)
|
1317
|
1082
|
939
|
797
|
|
SHARE CAPITAL + RESERVES
|
1317
|
1082
|
939
|
797
|
|
Share Cap + Sundry Res
|
600
|
100
|
100
|
100
|
|
Sundry Reserves
|
600
|
100
|
100
|
100
|
|
Profit and Loss account
|
717
|
982
|
839
|
697
|
|
SHAREHOLDERS FUNDS
|
1317
|
1082
|
939
|
797
|
|
CAPITAL EMPLOYED
|
1317
|
1582
|
1439
|
1297
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
30/09/2010
|
30/09/2009
|
30/09/2008
|
30/09/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Net Cashflow from Oper.
|
1285
|
791
|
(93)
|
74
|
|
Increase in Cash
|
631
|
577
|
(371)
|
(66)
|
|
Directors Remuneration
|
109
|
52
|
|
|
|
Auditors Remuneration
|
9
|
12
|
9
|
13
|
|
Liquid Assets
|
4301
|
1328
|
2176
|
1776
|
|
Net Working Capital
|
1267
|
1515
|
1398
|
1263
|
|
Long Term Debt(>12 Months)
|
|
500
|
500
|
500
|
|
Tangible Net Worth(T.N.W)
|
1306
|
1072
|
925
|
779
|
|
Equity
|
1317
|
1082
|
939
|
797
|
|
Number of Years Trading
|
8
|
7
|
6
|
5
|
|
Number of Employees
|
13
|
9
|
7
|
4
|
|
Profit per Employee
|
26076.9
|
24333.3
|
30857.1
|
78750
|
|
Sales per Employee
|
966692.3
|
840444.4
|
1569428.6
|
2435250
|
|
The following figures are shown as Ratios or Percentages
|
|
Accounts Date
|
30/09/2010
|
30/09/2009
|
30/09/2008
|
30/09/2007
|
|
Current Ratio
|
1.2
|
1.7
|
1.4
|
1.4
|
|
Long Term Debt/T.N.W
|
|
0.5
|
0.5
|
0.6
|
|
Pre Tax Profit Margin%
|
2.7
|
2.9
|
2
|
3.2
|
|
Gross Profit%
|
11.4
|
11.6
|
10.1
|
10.7
|
|
Debtors Days (D.S.O)
|
105
|
62
|
72
|
67
|
|
Creditors Days (D.P.O)
|
170
|
78
|
66
|
35
|
|
Quick Ratio
|
0.7
|
1
|
0.7
|
0.7
|
|
W.I.P/Inventory Days
|
105
|
83.6
|
91.3
|
90.8
|
|
Return on Investment%
|
24.9
|
15.2
|
16.9
|
18.8
|
|
Return on Assets%
|
4.3
|
6
|
4.4
|
7.6
|
|
T.N.W/Total Assets%
|
16.5
|
29.3
|
18.7
|
18.8
|
|
Return on Capital%
|
25.7
|
13.8
|
15
|
24.3
|
|
Rtn on Shareholders Funds%
|
25.7
|
20.2
|
23
|
39.5
|
|
Working Capital/Sales%
|
10.1
|
20
|
12.7
|
13
|
|
Borrowing Ratio%
|
10.6
|
46.6
|
122.4
|
193.7
|
|
Equity Gearing%
|
20
|
42.1
|
23.4
|
23.8
|
|
Stock Turnover
|
3.9
|
4.9
|
4.4
|
4.5
|
|
Days Purchases Outstanding
|
192.4
|
88.1
|
73.7
|
38.8
|
|
Sales/Fixed Assets
|
322.2
|
132.7
|
406.9
|
608.8
|
|
Debt Gearing
|
|
46.6
|
54.1
|
64.2
|
Key Industry Sector Trends
|
|
Year
|
2011
|
2010
|
2009
|
2008
|
|
Sample Size
|
2341
|
6292
|
6352
|
6455
|
|
Pre-Tax Profit Margin
|
4.4
|
3.4
|
2.5
|
3.5
|
|
Current Ratio
|
1.6
|
1.6
|
1.7
|
1.6
|
|
Borrowing Ratio
|
88.7
|
101
|
98.4
|
104.6
|
|
Return on Capital
|
25.6
|
22.1
|
21.2
|
26.8
|
|
Creditors Days
|
52
|
89
|
105
|
50
|
|
Above figures relate to companies in 2003 Standard
Industry Classification (Nace) sector : Wholesale of non-agricultural
intermediate products, waste and scrap
|
|
Auditors Qualification
|
|
The Auditors have expressed
a clean opinion (i.e. unqualified with no referrals) on the accounts for
the period ended 30/09/2010.
|
|
Turnover
|
|
Turnover increased by 66 % in
the period and now totals GBP 12,567,000.
|
|
Operating Profit
|
|
Totalled GBP 363,000. In the
year prior a Profit of GBP 281,000 was achieved.
|
|
Pre Tax Profit
|
|
The subject's profit
increased by 54 % in the year.
|
|
Working Capital
|
|
The subject's working
capital decreased by 16 % in the period but remains positive.
|
|