Essex Motor Company Limited in Woodford Green, IG8 8HD

Description

Data updated on: 01-11-2023

Essex Motor Company began its operations in 2005 as a Private Limited Company under the following Company Registration No.: 05435498. This firm has been prospering for 19 years and it's currently active. This company's office is situated in Woodford Green at 17 Bourne Court. You could also locate the company using its postal code : IG8 8HD. This firm's SIC code is 45111 : Sale of new cars and light motor vehicles. The firm's latest filed accounts documents cover the period up to 2022-12-31 and the latest confirmation statement was submitted on 2023-04-26.

On Tuesday 27th February 2018, the firm was recruiting a Part Time Sales Administration Assistant to fill a part time post in the automotive sales and repair in Westcliff on Sea, Home Counties. They offered a temporary contract with wage from £9.00 to £9.20 per hour. The offered position required no experience and a GCSE. All the applications should include reference number MC1.

In order to satisfy the client base, this particular limited company is constantly being directed by a group of three directors who are Simon R., William C. and Darren L.. Their successful cooperation has been of utmost use to this specific limited company for twelve years. Additionally, the director's assignments are constantly aided with by a secretary - William C., who was officially appointed by this specific limited company in April 2005.

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	51 477	75 897	164 917	5 066 713
Current Assets	1 288 904	1 535 012	1 524 194	7 917 531
Debtors	409 858	592 340	333 649	86 220
Net Assets Liabilities	2 959 977	3 014 318	3 173 661	1 243 923
Other Debtors	1 001	-33	1 371	26
Property Plant Equipment	5 315 566	5 211 948	5 143 093	2 159 479
Total Inventories	827 569	866 775	1 025 628	2 764 598

Other Financial Data
Accrued Liabilities	101 251	93 163	18 960	11 965
Accumulated Depreciation Impairment Property Plant Equipment	694 660	807 990	918 622	715 318
Additional Provisions Increase From New Provisions Recognised		6 506		16 009
Amounts Owed By Group Undertakings	340 155	571 068	262 529
Amounts Owed To Group Undertakings	1 466 433	1 368 048	1 238 285	2 349 033
Average Number Employees During Period		21	74	60
Bank Borrowings	611 469	729 863	100 000	100 000
Bank Borrowings Overdrafts	273 614	482 429	350 000	250 000
Comprehensive Income Expense	196 848	54 341	159 343	2 020 262
Corporation Tax Payable	45 955	25 431	50 859	542 922
Creditors	453 671	652 348	512 478	408 382
Disposals Decrease In Depreciation Impairment Property Plant Equipment				486 818
Disposals Property Plant Equipment				3 911 895
Dividends Paid				3 950 000
Fixed Assets	5 315 670	5 212 052	5 143 197	2 159 583
Future Minimum Lease Payments Under Non-cancellable Operating Leases	944 667	123 863	457 529	47 850
Increase Decrease Due To Transfers Between Classes Property Plant Equipment				715 986
Increase From Depreciation Charge For Year Property Plant Equipment		113 330		49 373
Investments Fixed Assets	104	104	104	104
Investments In Group Undertakings	104	104	104	104
Merchandise	100 916	91 646	123 205	302 260
Net Assets Liabilities Subsidiaries	-92 233	-82 376	-101 378	-30 155
Net Current Assets Liabilities	-1 830 803	-1 467 661	-1 373 418	-407 629
Number Shares Issued Fully Paid		100		40 500
Other Creditors	113 910	94 508	105 771	87 815
Other Taxation Social Security Payable	20 325	21 586	24 016	27 208
Percentage Class Share Held In Subsidiary		100		100
Prepayments	27 066	14 949	106 202	18 331
Profit Loss	319 340	60 847	1 060 471	2 020 262
Profit Loss Subsidiaries	-57 300	-9 852	19 002	-71 223
Property Plant Equipment Gross Cost	6 010 226	6 019 938	6 061 715	2 874 797
Provisions	71 219	77 725	83 640	99 649
Provisions For Liabilities Balance Sheet Subtotal	71 219	77 725	83 640	99 649
Raw Materials	292 594	176 672	236 857	712 644
Recoverable Value-added Tax	5 161
Total Additions Including From Business Combinations Property Plant Equipment		9 712		8 991
Total Assets Less Current Liabilities	3 484 867	3 744 391	3 769 779	1 751 954
Total Borrowings	1 518 679	1 484 372	1 444 081	3 032 210
Trade Creditors Trade Payables	1 023 840	1 086 937	1 197 356	2 784 436
Trade Debtors Trade Receivables	36 475	6 356	-36 453	67 863
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment				234 141