MAGNA MOTOR COMPANY LIMITED

1. MAGNA MOTOR COMPANY LIMITED 1983-06-14 → present
2. BIDELVE LIMITED 1982-12-02 → 1983-06-14

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “The directors and shareholders were pleased that whilst a change in how Honda UK from the mid-point of the year invoiced new cars on their direct sales system removing many vehicles from the turnover of the business. Therefore, it was encouraging to still reach nearly £44m in turnover. Increasing the ROS and ROCE was good to see in a challenging market and is testimony to the hard work, focus and performance of the teams.”
• “On-going, the reserves have grown enabling the dividend to the shareholders to be maintained., allowing for consideration to look at further opportunities to grow the business.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -4.3%

  £45,856,671 → £43,892,435

• Cash

  -99.8%

  £504,643 → £880

• Net assets

  +2.7%

  £5,118,834 → £5,258,173

• Employees

  -5.3%

  95 → 90

• Operating profit

  +15.5%

  £723,917 → £835,914

• Profit before tax

  +28%

  £490,016 → £627,283

• Wages

  +0.6%

  £2,930,129 → £2,948,931

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers