Car Spares (distribution) Holdings Limited in Birmingham, B19 3ND

Description

Data updated on: 01-11-2023

Car Spares (distribution) Holdings Limited is officially located at Birmingham at 90 Summer Lane. Anyone can find this business by the zip code - B19 3ND. This firm has been in business on the English market for ten years. The company is registered under the number 09068436 and company's current state is active. The company's principal business activity number is 45310 which means Wholesale trade of motor vehicle parts and accessories. Car Spares (distribution) Holdings Ltd released its account information for the financial year up to 2022-12-31. The company's most recent annual confirmation statement was released on 2023-06-03.

There seems to be a group of three directors running this particular business at present, specifically Andrew T., Malcolm G. and Michael G. who have been doing the directors duties since 2014. In order to find professional help with legal documentation, the abovementioned business has been utilizing the skillset of Tonia G. as a secretary for the last ten years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	52 618	61 411	946 714	1 429 425	1 818 749
Current Assets	4 018 772	4 667 991	6 475 733	7 985 273	7 993 378
Debtors	1 586 714	1 882 689	2 657 883	3 314 706	2 229 115
Net Assets Liabilities	3 261 495	4 080 542	4 828 105	7 101 526	9 182 423
Other Debtors	699 982	972 907	223 403	2 037 701	754 806
Property Plant Equipment	381 879	874 207	929 890	823 631	1 013 694
Total Inventories	2 379 440	2 723 891	2 871 136	3 241 142	3 542 723

Other Financial Data
Accrued Liabilities Deferred Income	64 284	65 538	232 926	94 014	350 241
Accumulated Depreciation Impairment Property Plant Equipment	361 620	452 441	568 509	631 316	725 719
Additions Other Than Through Business Combinations Property Plant Equipment		647 840	245 964	20 240	324 656
Administrative Expenses			5 714 816	6 392 151	6 586 147
Amounts Owed By Other Related Parties Other Than Directors			378 259	437 574	402 791
Amounts Owed To Group Undertakings			1 073 776	1 753 687
Average Number Employees During Period	238	239
Cash Cash Equivalents	52 618	61 411	946 714	1 429 425	4 899 548
Cash Cash Equivalents Cash Flow Value				1 429 425	1 818 749
Cash Receipts From Repayment Other Loans Advances Classified As Investing Activities		24 859	616 592	-432 337	-84 664
Cash Receipts From Sales Interests In Associates		-1
Corporation Tax Payable	192 228	11 576	33 400	630 809	247 709
Corporation Tax Recoverable	183 228	184 204	184 204	283 613	315 189
Cost Sales			10 462 885	11 940 942	13 244 165
Creditors	1 083 932	1 354 584	2 490 072	3 300 292	1 635 322
Current Tax For Period			530 600	531 400	547 400
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			-5 983	50 190	120 051
Distribution Costs			355 482	370 642	423 833
Dividends Paid Classified As Financing Activities	-46 000	-24 000	-6 000	-6 000	-67 500
Dividends Paid To Owners Parent Classified As Financing Activities				-6 000	-67 500
Dividends Received Classified As Investing Activities	-76 209	-614 580	-729 151	-1 950 273	-2 182 166
Equity Securities Held		1	1	1 697 411	2 000 001
Finished Goods Goods For Resale	2 379 440	2 723 891	2 871 136	3 241 142	3 542 723
Fixed Assets	381 932	874 261	929 944	2 521 095	3 013 698
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss				1 199 118
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total		1
Further Item Tax Increase Decrease Component Adjusting Items			-5 935	-106	123
Gain Loss On Disposals Property Plant Equipment			6 684	-19 646	881
Government Grant Income			341 992
Gross Profit Loss			8 208 135	8 907 540	10 249 919
Income Taxes Paid Refund Classified As Operating Activities			-45 195	-33 335	-73 933
Increase Decrease In Current Tax From Adjustment For Prior Periods			32 926	-171	-43 179
Increase From Depreciation Charge For Year Property Plant Equipment		150 663	175 562	125 402	132 595
Interest Income On Bank Deposits			625	80	2 805
Interest Paid Classified As Operating Activities					-6 236
Interest Payable Similar Charges Finance Costs	1 100	541			6 236
Interest Received Classified As Investing Activities	-2 171	-22 223	-33 649	-36 691	-6 278
Investments	53	54	54	1 697 464	2 000 004
Investments Fixed Assets	53	54	54	1 697 464	2 000 004
Investments In Subsidiaries	53	53	53	53	3
Net Cash Generated From Operations			-1 014 843	181 563	1 529 458
Net Current Assets Liabilities	2 934 840	3 313 407	3 985 661	4 684 981	6 358 056
Net Finance Income Costs	78 380	636 803	762 800	1 986 964	2 188 444
Operating Profit Loss			2 494 419	3 374 237	3 263 517
Other Cash Inflow Outflow Classified As Investing Activities		-22 223	-33 649
Other Creditors	72 366	129 072	42 938	55 498	1 321
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		59 842	59 494	62 595	38 192
Other Disposals Property Plant Equipment		64 691	74 213	63 692	40 190
Other Interest Receivable Similar Income Finance Income			34 324	36 771	9 789
Payments To Acquire Interests In Associates Classified As Investing Activities		-1
Pension Other Post-employment Benefit Costs Other Pension Costs			75 995	86 247	169 419
Percentage Class Share Held In Subsidiary		100	100	100	100
Prepayments Accrued Income	268 587	366 449	557 150	555 818	627 132
Proceeds From Sales Property Plant Equipment	-14 229	-10 638	-21 411	-1 958	-6 488
Profit Loss	163 438	843 047	753 563	2 279 421	1 974 986
Profit Loss On Ordinary Activities Before Tax			2 528 743	3 411 008	3 267 070
Property Plant Equipment Gross Cost	743 499	1 326 648	1 498 399	1 454 947	1 739 413
Provisions For Liabilities Balance Sheet Subtotal	55 277	107 126	87 500	104 550	189 331
Purchase Other Long-term Assets Classified As Investing Activities				-1 697 410	-129 179
Purchase Property Plant Equipment	-172 966	-647 840	-245 964	-20 240	-90 202
Social Security Costs			333 709	404 026	6 900
Staff Costs Employee Benefits Expense			4 799 867	5 329 438	56 900
Tax Decrease Increase From Effect Revenue Exempt From Taxation			-43 778	49 653
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit			-687
Tax Increase Decrease From Effect Capital Allowances Depreciation			-9 008	-84 100	-74 908
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			15 900	18 004	1 129
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward				41 866
Tax Tax Credit On Profit Or Loss On Ordinary Activities	8 255	62 156	47 393	59 885	-15 171
Total Assets Less Current Liabilities	3 316 772	4 187 668	4 915 605	7 206 076	9 371 754
Total Current Tax Expense Credit			563 526	531 229	504 221
Trade Creditors Trade Payables	755 054	1 148 344	1 107 032	1 254 784	1 366 777
Trade Debtors Trade Receivables			625 467	793 589	889 097
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment				27 180
Turnover Revenue			18 671 020	20 848 482	23 494 084
Wages Salaries			4 390 163	4 839 165	50 000