Direct Cars Limited in South Yorkshire, S20 3FG

Description

Data updated on: 01-11-2023

Direct Cars Limited has existed in the UK for twenty nine years. Started with registration number 03039314 in 1995, it is registered at Eckington Way, South Yorkshire S20 3FG. This company's SIC code is 45112 - Sale of used cars and light motor vehicles. The most recent accounts describe the period up to Saturday 31st December 2022 and the latest confirmation statement was filed on Wednesday 29th March 2023.

With four recruitment announcements since Wednesday 19th November 2014, the company has been quite active on the job market. On Monday 5th March 2018, it started looking for new workers for a full time Vehicle paint sprayer post in Sheffield, and on Wednesday 19th November 2014, for the vacant post of a full time Taxi Dispatcher in Newcastle upon Tyne. As of yet, they have hired candidates for the Pitch Operative positions.

Currently, the directors officially appointed by this specific firm include: Rebecca C. selected to lead the company in 2019 and John W. selected to lead the company in 2019 in May. In addition, the director's tasks are constantly backed by a secretary - Richard H., who was officially appointed by this firm in February 2021.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-12-31	2013-12-31	2014-12-31	2015-12-31
Currency
Net Worth	7 577 165	8 459 725	9 083 164

Balance Sheet
Cash Bank On Hand			1 893 812	2 926 852
Current Assets	10 492 968	9 984 850	9 557 789	10 301 087
Debtors	139 474	379 274	470 163	427 303
Net Assets Liabilities			9 083 164	9 789 837
Other Debtors	23 231	230 863	286 167	36 858
Property Plant Equipment			983 603	995 423
Total Inventories			6 697 860	6 287 767
Cash Bank In Hand	3 659 771	2 573 824	1 893 812
Net Assets Liabilities Including Pension Asset Liability	7 577 165	8 459 725	9 083 164
Stocks Inventory	6 475 124	6 664 262	6 697 860
Tangible Fixed Assets	1 023 486	1 002 940	983 603
Trade Debtors	77 843	65 807	53 019

Capital & Reserves
Called Up Share Capital	200	200	200
Profit Loss Account Reserve	7 576 965	8 459 525	9 082 964
Shareholder Funds	7 577 165	8 459 725	9 083 164

Other Financial Data
Audit Fees Expenses	20 000	20 000	23 000	23 000
Accumulated Depreciation Impairment Property Plant Equipment			664 255	696 817
Additions Other Than Through Business Combinations Property Plant Equipment				47 405
Administration Support Average Number Employees	11	11	11	11
Administrative Expenses	971 619	951 915	1 040 627	1 097 612
Amounts Owed By Related Parties			297 964	282 997
Amounts Owed To Related Parties			528 746	422 556
Applicable Tax Rate			21	20
Average Number Employees During Period	59	59	58	61
Balances With Banks			8 920	6 999
Bank Borrowings Overdrafts	1 241 514	976 044	641 593	-832 063
Bank Overdrafts			641 593	832 063
Cash Cash Equivalents			1 893 812	2 926 852
Cash On Hand			498	1 281
Comprehensive Income Expense			623 439	706 673
Cost Sales	28 827 031	30 333 548	30 243 248	29 990 082
Creditors			1 446 816	1 494 570
Current Tax For Period			113 039	120 966
Decrease In Loans Owed By Related Parties Due To Loans Repaid			-3 843 488	-5 410 180
Decrease In Loans Owed To Related Parties Due To Loans Repaid			-596 396	-118 188
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws			-206	-114
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			1 329	805
Deferred Tax Liabilities			11 412	12 103
Depreciation Expense Property Plant Equipment			22 137	33 511
Disposals Decrease In Depreciation Impairment Property Plant Equipment				-949
Disposals Property Plant Equipment				-3 023
Dividend Income			10 846	26 430
Financial Assets			495 954	659 165
Gain Loss On Disposals Property Plant Equipment			750	-224
Gross Profit Loss	1 433 048	1 865 364	1 633 503	1 727 698
Income From Related Parties			3 604 984	4 198 689
Increase Decrease In Existing Provisions				691
Increase From Depreciation Charge For Year Property Plant Equipment				33 511
Increase In Loans Owed By Related Parties Due To Loans Advanced			3 944 603	5 334 691
Increase In Loans Owed To Related Parties Due To Loans Advanced			1 200	18 533
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings			3
Interest Income On Bank Deposits			5 781	7 748
Interest Payable Similar Charges Finance Costs			366	146
Loans Owed By Related Parties		149 671	250 786	175 297
Loans Owed To Related Parties		1 090 979	495 783	396 128
Loss On Financing Activities Due To Foreign Exchange Differences			363	146
Net Current Assets Liabilities	6 560 379	7 467 074	8 110 973	8 806 517
Number Shares Issued Fully Paid			200	200
Operating Profit Loss	461 429	913 449	592 876	630 086
Other Creditors			8 522	11 454
Other Departments Average Number Employees	30	30	30	33
Other Finance Income				1 001
Other Interest Receivable Similar Income Finance Income			16 627	35 179
Other Inventories			20 923	14 630
Other Payables Accrued Expenses			28 966	23 173
Par Value Share		1	1	1
Payments To Related Parties			96 381	10 000
Pension Costs Defined Contribution Plan			4 013	8 392
Prepayments			83 800	63 621
Profit Loss			623 439	706 673
Profit Loss On Ordinary Activities Before Tax	616 540	1 082 591	737 601	828 330
Property Plant Equipment Gross Cost			1 647 858	1 692 240
Provisions			11 412	12 103
Provisions For Liabilities Balance Sheet Subtotal			11 412	12 103
Raw Materials Consumables			6 676 850	6 272 644
Revenue From Commissions			304 826	258 129
Revenue From Rendering Services			163 995	215 496
Revenue From Sale Goods			31 407 930	31 244 155
Selling Average Number Employees	18	18	17	17
Short-term Deposits Classified As Cash Equivalents			1 884 394	2 918 572
Social Security Costs	115 346	118 103	117 554	126 262
Staff Costs Employee Benefits Expense			1 425 512	1 538 441
Taxation Social Security Payable			36 025	32 800
Tax Decrease Increase From Effect Revenue Exempt From Taxation			-27 607	-33 050
Tax Expense Credit Applicable Tax Rate			158 511	167 737
Tax Increase Decrease Arising From Group Relief Tax Reconciliation			-17 311	-10 502
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings			2 780	2 858
Tax Increase Decrease From Effect Dividends From U K Companies			-2 331	-5 352
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			326	80
Tax Increase Decrease From Other Short-term Timing Differences			-206	-114
Tax Tax Credit On Profit Or Loss On Ordinary Activities			114 162	121 657
Total Assets Less Current Liabilities	7 583 865	8 470 014	9 094 576	9 801 940
Total Borrowings			641 593	832 063
Total Deferred Tax Expense Credit			1 123	691
Trade Creditors Trade Payables			191 787	124 868
Trade Debtors Trade Receivables			53 019	43 827
Turnover Revenue			31 876 751	31 717 780
Unpaid Contributions To Pension Schemes			3 138	12 836
Wages Salaries	1 270 603	1 293 905	1 303 945	1 403 787
Work In Progress	809	801	87	493
Amount Specific Advance Or Credit Directors			30 673	107 700
Amount Specific Advance Or Credit Made In Period Directors			35 090	87 077
Amount Specific Advance Or Credit Repaid In Period Directors			-40 518	-10 050
Director Remuneration	125 141	125 380	125 504	197 501
Accruals Deferred Income Within One Year	36 341	28 041	28 966
Amount Due From To Related Party		148 396	-6 536
Amounts Owed By Subsidiaries		5 100	16 504
Amounts Owed To Subsidiaries Within One Year	26 711	33 861	32 963
Amounts Written Off Back Investments	-120 777	-148 891
Capital Allowances In Excess Depreciation Leading To Decrease Increase In Tax	3 940	152
Corporation Tax Due Within One Year	40 540	97 442	8 039
Creditors Due Within One Year	3 932 589	2 517 776	1 446 816
Current Asset Investments	218 599	367 490	495 954
Depreciation Tangible Fixed Assets Expense	34 253	21 931	22 137
Difference Between Accumulated Depreciation Amortisation Capital Allowances	6 700	10 289	11 412
Dividends From U K Companies		612
Expenses Not Deductible For Tax Purposes	1 865	238
Income From Other Fixed Asset Investments		2 632
Increase Decrease In U K Tax From Origination Reversal Timing Differences	-968	3 589
Interest Receivable On Bank Deposits	33 034	15 891
Loans From Directors Within One Year	2 332 609	1 090 979	495 783
Net Increase Decrease In Shareholders Funds	500 968	882 560
Non-taxable Income	29 506	34 612
Number Shares Allotted	200	200	200
Other Creditors Due Within One Year	24 980	80 116	11 660
Other Current Asset Investments Held For Sale	218 599	367 490	495 954
Other Interest Receivable	1 300	1 728
Other Interest Receivable Similar Income	34 334	17 619
Other Taxation Social Security Within One Year	27 565	28 448	36 025
Prepayments Accrued Income Current Asset	38 400	41 403	83 800
Profit Loss For Period	500 968	882 560
Provisions Charged Credited To Profit Loss Account During Period		3 589	1 123
Provisions For Liabilities Charges	6 700	10 289	11 412
Staff Costs	1 385 949	1 412 008
Standard Nominal Tax Rate	24	23
Stocks Raw Materials Consumables	6 449 240	6 639 312	6 676 850
Tangible Fixed Assets Additions		2 408	2 800
Tangible Fixed Assets Cost Or Valuation	1 662 443	1 650 233	1 647 858
Tangible Fixed Assets Depreciation	638 957	647 293	664 255
Tangible Fixed Assets Depreciation Charged In Period		3 277	3 836
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		13 595	5 175
Tangible Fixed Assets Disposals		15 718	5 175
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	150 621	251 702
Tax On Profit Or Loss On Ordinary Activities	115 572	200 031
Total U K Foreign Current Tax After Adjustments Relief	116 540	196 442
Total U K Foreign Deferred Tax		3 589
Trade Creditors Within One Year	202 329	182 845	191 787
Turnover Gross Operating Revenue	30 260 079	32 198 912
U K Current Corporation Tax On Income For Period	116 540	196 442
Utilisation Tax Losses	10 380	20 426
Value Shares Allotted	200	200	200