The Car Group Ltd in Bury, BL9 0NJ

Description

Data updated on: 01-11-2023

09195686 is the registration number assigned to The Car Group Ltd. It was registered as a Private Limited Company on 2014-08-30. It has existed on the British market for 10 years. This company may be reached at The Car Group Ltd The Car Depot Derby Way in Bury. The zip code assigned to this location is BL9 0NJ. This The Car Group Ltd firm was known under three different company names before it adapted the current name. The company was established under the name of of Car Sales & Finance and was switched to Car Sales Bury on 2017-10-26. Its third registered name was present name until 2014. The firm's classified under the NACE and SIC code 45112 and has the NACE code: Sale of used cars and light motor vehicles. The company's most recent financial reports were submitted for the period up to 2021-12-31 and the most recent annual confirmation statement was released on 2023-06-10.

Currently, we can name a single director in the company: Raza H. (since 2017-10-27). This business had been directed by Rafath M. up until six years ago.

Previous company's names
The Car Group Ltd 2017-10-26
Car Sales & Finance Ltd 2015-01-14
Car Sales Co Bury Ltd 2014-11-20
Low Miles Car Sale Co. Ltd 2014-08-30

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	-44 962	9 462

Balance Sheet
Cash Bank On Hand			28 178	432 800	30 508	156 575	522 244	199 225
Current Assets	79 459	104 204	279 327	4 219 413	2 858 398	10 034 112	12 080 403	9 390 253
Debtors				27 854	121 331	1 263 945	1 339 722	686 989
Net Assets Liabilities		9 479	144 527	222 053	725 474	5 998 005	5 781 812	7 583 373
Other Debtors				27 854	107 140	686 612	591 310	579 952
Property Plant Equipment			1 751	3 779 685	7 332 712	14 441 811	14 937 352	21 118 629
Total Inventories			251 149	3 758 759	2 706 559	8 613 592
Cash Bank In Hand	14 037
Net Assets Liabilities Including Pension Asset Liability	-44 962	9 462
Stocks Inventory	65 422
Tangible Fixed Assets	2 425

Capital & Reserves
Called Up Share Capital	100
Profit Loss Account Reserve	-45 062
Shareholder Funds	-44 962	9 462

Other Financial Data
Audit Fees Expenses							12 500	20 000
Accrued Liabilities Deferred Income					2 497	74 139	83 102	472 140
Accumulated Depreciation Impairment Property Plant Equipment			1 102	19 846	159 583	275 613	386 636	476 863
Additions Other Than Through Business Combinations Property Plant Equipment						493 453		3 940 929
Administrative Expenses							2 839 183	3 374 005
Average Number Employees During Period				7	10	40	68	66
Bank Borrowings						50 000	45 000	2 606 903
Bank Borrowings Overdrafts						44 167	35 000	25 000
Cash Cash Equivalents Cash Flow Value						156 575	522 244	199 225
Comprehensive Income Expense						5 272 531	-182 243	1 801 561
Corporation Tax Payable				18 485	18 485		3 787	3 873
Cost Sales							31 644 698	28 131 525
Creditors		96 786	136 551	51 336	8 858 595	9 374 888	8 789 406	9 175 869
Current Tax For Period							3 787
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences								-3 269
Depreciation Expense Property Plant Equipment					139 737	116 030
Depreciation Impairment Expense Property Plant Equipment							111 023	90 227
Dividends Paid							33 950
Dividends Paid Classified As Financing Activities							-33 950
Dividends Paid On Shares Final							33 950
Finished Goods Goods For Resale					2 706 559	8 613 592	10 218 437	8 504 039
Fixed Assets	2 425	2 061	1 751	105 090
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities							5 000	-2 571 903
Further Item Interest Expense Component Total Interest Expense								86
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables							-2 931 653	1 848 260
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables							75 777	-652 733
Gain Loss In Cash Flows From Change In Inventories							1 604 845	-1 714 398
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income						6 731 676		2 330 575
Income Taxes Paid Refund Classified As Operating Activities								86
Income Tax Expense Credit On Components Other Comprehensive Income						1 279 018	403 900	582 643
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation							-365 669	323 019
Increase From Depreciation Charge For Year Property Plant Equipment				18 744	139 737	116 030		90 227
Interest Paid Classified As Operating Activities							-1 249 341	-1 451 836
Interest Payable Similar Charges Finance Costs							1 249 341	1 451 836
Net Cash Generated From Operations							-2 836 839	-2 111 294
Net Current Assets Liabilities	-47 387	7 401	142 776	4 159 992	2 313 927	2 272 670	1 379 354	-2 034 525
Other Creditors				7 718 595	8 858 595	7 153 009	9 299 551	8 158 657
Other Interest Expense							1 249 341	1 451 750
Other Remaining Borrowings					8 858 595	9 330 721	8 754 406	9 150 869
Other Taxation Social Security Payable					24 175	47 999	110 411	28 942
Pension Other Post-employment Benefit Costs Other Pension Costs							36 860	22 629
Prepayments Accrued Income					6 000	490 298	562 421	8 000
Profit Loss				81 936	504 392	-180 127	221 657	53 629
Profit Loss On Ordinary Activities Before Tax							225 444	50 360
Property Plant Equipment Gross Cost			2 853	124 936	7 492 295	14 717 424	15 323 988	21 595 492
Provisions For Liabilities Balance Sheet Subtotal					62 570
Purchase Property Plant Equipment							-606 564	-3 940 929
Repayments Borrowings Classified As Financing Activities							-576 315	396 463
Staff Costs Employee Benefits Expense							1 505 284	1 603 211
Taxation Including Deferred Taxation Balance Sheet Subtotal					62 570	1 341 588	1 745 488	2 324 862
Tax Decrease From Utilisation Tax Losses							36 769
Tax Expense Credit Applicable Tax Rate							42 834	9 568
Tax Increase Decrease From Effect Capital Allowances Depreciation							-2 300	-41 644
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss							22	837
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward								27 970
Tax Tax Credit On Profit Or Loss On Ordinary Activities							3 787	-3 269
Total Additions Including From Business Combinations Property Plant Equipment				122 083	3 692 764
Total Assets Less Current Liabilities	-44 962	9 462	144 527	4 266 053	9 646 639	16 714 481	16 316 706	19 084 104
Total Borrowings					8 858 595	9 380 721	8 799 406	11 757 772
Total Increase Decrease From Revaluations Property Plant Equipment						6 731 676		2 330 575
Total Operating Lease Payments					20 550
Trade Creditors Trade Payables				32 623	499 314	480 462	1 194 198	179 263
Trade Debtors Trade Receivables					14 191	87 035	185 991	99 037
Wages Salaries							1 343 193	1 455 047
Director Remuneration							10 909	30 256
Director Remuneration Benefits Including Payments To Third Parties							12 513	30 915
Creditors Due Within One Year	126 846	96 803
Number Shares Allotted	100
Par Value Share	1
Share Capital Allotted Called Up Paid	100
Tangible Fixed Assets Additions	2 853
Tangible Fixed Assets Cost Or Valuation	2 853
Tangible Fixed Assets Depreciation	428
Tangible Fixed Assets Depreciation Charged In Period	428

Company staff

Raza H.

Role: Director

Appointed: 27 October 2017

Latest update: 17 January 2024

People with significant control

The companies that control this firm are as follows: The Car Group Holdings Ltd owns over 3/4 of company shares. This business can be reached in Bury at The Car Depot, Derby Way, BL9 0NJ and was registered as a PSC under the registration number 13337507.

The Car Group Holdings Ltd

Address: The Car Group Ltd The Car Depot, Derby Way, Bury, BL9 0NJ, England

Legal authority Companies Act

Legal form Limited Company

Country registered England

Place registered Register Of Companies

Registration number 13337507

Notified on 21 September 2023

Nature of control:

over 3/4 of shares

Raza H.

Notified on 27 October 2017

Ceased on 21 September 2023

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Rafath M.

Notified on 6 April 2016

Ceased on 26 October 2017

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

substantial control or influence

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 December 2021
Confirmation statement next due date	24 June 2024
Confirmation statement last made up date	10 June 2023

Annual Accounts 26 April 2016
Start Date For Period Covered By Report	2014-08-30
End Date For Period Covered By Report	2015-12-31
Date Approval Accounts	26 April 2016
Annual Accounts 5 April 2017
Start Date For Period Covered By Report	2016-01-01
End Date For Period Covered By Report	2016-12-31
Date Approval Accounts	5 April 2017
Annual Accounts
Start Date For Period Covered By Report	2017-01-01
End Date For Period Covered By Report	2017-12-31
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

The Car Group Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Raza H.

Rafath M.

People with significant control

The Car Group Holdings Ltd

Raza H.

Rafath M.

Accounts Documents

Company filings

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