Advance Motors Limited in Slough, SL1 4UN

Description

Data updated on: 01-11-2023

Advance Motors Limited with reg. no. 09216857 has been a part of the business world for 10 years. This Private Limited Company is officially located at Slough House, 87-89 Farnham Road in Slough and company's zip code is SL1 4UN. It now known as Advance Motors Limited, was previously listed as Azimuth Motors. The transformation has taken place in Wed, 23rd Sep 2015. This firm's SIC and NACE codes are 45200 which means Maintenance and repair of motor vehicles. The firm's latest accounts cover the period up to 2022-12-31 and the most recent confirmation statement was filed on 2023-09-13.

Anzhelika M. is the firm's single managing director, who was chosen to lead the company in 2014 in September.

The companies with significant control over this firm include: Azimuth Motors Holdings Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in London at 8 Charterhouse Buildings, EC1M 7AN and was registered as a PSC under the reg no 09490423.

Previous company's names
Advance Motors Limited 2015-09-23
Azimuth Motors Limited 2014-09-12

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	766 560	1 079 759	2 234 562
Current Assets	6 508 270	7 794 157	9 508 371
Debtors	1 143 047	1 217 953	1 155 964
Net Assets Liabilities	614 339	1 438 565	2 493 928
Other Debtors	232 301	595 365	253 223
Property Plant Equipment	436 616	576 506	577 914
Total Inventories	4 598 663	5 496 445	6 117 845

Other Financial Data
Audit Fees Expenses	18 000	18 000	21 750
Accumulated Amortisation Impairment Intangible Assets			1 500
Accumulated Depreciation Impairment Property Plant Equipment	1 147 661	1 302 734	1 455 215
Additional Provisions Increase From New Provisions Recognised			914
Additions Other Than Through Business Combinations Intangible Assets		15 000
Additions Other Than Through Business Combinations Property Plant Equipment		294 963	161 839
Administration Support Average Number Employees	11	10	18
Administrative Expenses	4 657 571	4 796 564	4 773 777
Amortisation Expense Intangible Assets			1 500
Amounts Owed To Related Parties	1 795 472	1 795 472	1 687 684
Applicable Tax Rate	19	19	19
Average Number Employees During Period	94	105	109
Balances With Banks	766 560	1 079 759	2 234 562
Comprehensive Income Expense		1 060 881	818 708
Cost Sales	23 418 230	32 839 336	45 750 648
Creditors	6 330 547	6 865 426	7 467 759
Current Tax For Period		234 442	192 231
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws	-4 367	137 184	914
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences		137 184	914
Depreciation Expense Property Plant Equipment	129 434	155 073	160 431
Disposals Decrease In Depreciation Impairment Property Plant Equipment			-7 950
Disposals Property Plant Equipment			-7 950
Distribution Average Number Employees	62	72	62
Fixed Assets	436 616	591 506	591 414
Future Minimum Lease Payments Under Non-cancellable Operating Leases	1 884 474	3 060 659	2 247 377
Gain Loss On Disposals Property Plant Equipment			2 750
Government Grant Income	522 998	256 650
Gross Profit Loss	4 300 527	5 710 430	5 853 225
Increase From Amortisation Charge For Year Intangible Assets			1 500
Increase From Depreciation Charge For Year Property Plant Equipment		155 073	160 431
Intangible Assets		15 000	13 500
Intangible Assets Gross Cost		15 000	15 000
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss	46 834	30 176	67 595
Interest Payable Similar Charges Finance Costs	46 834	30 176	67 595
Inventories Pledged As Security For Liabilities Carrying Amount		3 212 921	3 493 919
Minimum Operating Lease Payments Recognised As Expense	629 929	764 378	824 033
Net Current Assets Liabilities	177 723	984 243	2 040 612
Nominal Value Allotted Share Capital	968 820	968 820	968 820
Number Shares Issued Fully Paid	968 820	968 820	968 820
Other Creditors	298 852	477 627	788 005
Other Employee Expense	35 768	63 916	44 402
Other Inventories	4 268 094	5 069 661	5 690 097
Other Operating Income Format1	522 998	256 650
Other Payables Accrued Expenses	169 751	271 460	237 104
Par Value Share		1	1
Pension Costs Defined Contribution Plan	50 519	58 694	62 642
Prepayments	648 125	565 311	615 689
Profit Loss	119 120	824 226	818 708
Profit Loss On Ordinary Activities Before Tax	119 120	1 140 340	1 011 853
Property Plant Equipment Gross Cost	1 584 277	1 879 240	2 033 129
Provisions		137 184	138 098
Provisions For Liabilities Balance Sheet Subtotal		137 184	138 098
Raw Materials Consumables	330 569	426 784	427 748
Revenue From Commissions	612 835	1 017 910	1 049 203
Revenue From Rendering Services	4 598 521	5 210 148	6 479 113
Revenue From Sale Goods	22 507 401	32 321 708	44 075 557
Selling Average Number Employees	21	23	29
Social Security Costs	222 473	271 734	326 453
Staff Costs Employee Benefits Expense	2 734 555	3 271 362	3 726 300
Taxation Social Security Payable	64 346	275 017	292 928
Tax Decrease From Tax Losses For Which No Deferred Tax Asset Was Recognised	-36 341	-9 783
Tax Expense Credit Applicable Tax Rate	22 633	272 176	192 252
Tax Increase Decrease From Effect Capital Allowances Depreciation	16 137	-27 952	-21
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	1 938
Tax Tax Credit On Profit Or Loss On Ordinary Activities		316 114	193 145
Total Assets Less Current Liabilities	614 339	1 575 749	2 632 026
Total Operating Lease Payments	629 929	764 378	824 033
Trade Creditors Trade Payables	3 991 449	3 795 805	4 186 953
Trade Debtors Trade Receivables	262 621	349 444	287 052
Turnover Revenue	27 718 757	38 549 766	51 603 873
Unpaid Contributions To Pension Schemes	10 677	15 603	27 342
Wages Salaries	2 425 795	2 577 222	3 292 803
Company Contributions To Money Purchase Plans Directors	594	593	602
Director Remuneration	32 155	26 000	26 300
Number Directors Accruing Benefits Under Money Purchase Scheme		1	1

Company staff

Anzhelika M.

Role: Director

Appointed: 12 September 2014

Latest update: 25 February 2024

Motors Secretaries Limited

Role: Corporate Secretary

Appointed: 12 November 2015

Resigned: 20 December 2017

Address: London, EC1Y 4UQ, England

Latest update: 25 February 2024

Motors Directors Limited

Role: Corporate Director

Appointed: 02 June 2015

Resigned: 20 December 2017

Address: London, EC1Y 4UQ, England

Latest update: 25 February 2024

Anne B.

Role: Secretary

Appointed: 01 June 2015

Resigned: 31 October 2015

Latest update: 25 February 2024

People with significant control

Azimuth Motors Holdings Ltd

Address: 2nd Floor 8 Charterhouse Buildings, London, EC1M 7AN, England

Legal authority Companies Act 2006

Legal form Private Limited Company

Country registered England And Wales

Place registered England And Wales Companies Registry

Registration number 09490423

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

General Motors Uk Limited

Address: Griffin House Uk1-101-135, Osborne Road, Luton, Beds, LU1 3YT, England

Legal authority Companies Acts 1985-2006

Legal form Private Limited Company

Country registered England & Wales

Place registered England & Wales Companies Registry

Registration number 00135767

Notified on 6 April 2016

Ceased on 20 December 2017

Nature of control:

substantial control or influence

Anzhelika M.

Notified on 6 April 2016

Ceased on 31 March 2017

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	27 September 2024
Confirmation statement last made up date	13 September 2023

Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Advance Motors Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Anzhelika M.

Motors Secretaries Limited

Motors Directors Limited

Anne B.

People with significant control

Azimuth Motors Holdings Ltd

General Motors Uk Limited

Anzhelika M.

Accounts Documents

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies