Freeway Car Sales Limited in Margate, CT9 1BD

Description

Data updated on: 01-11-2023

Freeway Car Sales started conducting its operations in the year 2016 as a Private Limited Company with reg. no. 10523572. This particular firm has been operating for eight years and it's currently active. The company's office is located in Margate at 6 Cecil Square. Anyone can also find the firm using the zip code : CT9 1BD. The company's classified under the NACE and SIC code 82990, that means Other business support service activities not elsewhere classified. 2022-12-31 is the last time when the accounts were filed.

Right now, this particular limited company is governed by a single managing director: Michael W., who was assigned this position eight years ago. Additionally, the managing director's duties are regularly supported by a secretary - Tisa W., who was appointed by this specific limited company 4 years ago.

Michael W. is the individual with significant control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	21 503		48 543		15 028	92 254
Current Assets	101 543	185 000	298 950	234 968	428 615	786 700
Debtors	6 040		16 463	1 024	20 000	267 127
Net Assets Liabilities	605	25 553	33 339	42 740	80 552	114 240
Other Debtors	6 040		9 998	1 024		32 132
Property Plant Equipment			41 009	55 287	52 720	42 176
Total Inventories	74 000	185 000	233 944	233 944	393 587	427 319

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment			3 566	11 593	22 432	32 976
Additions Other Than Through Business Combinations Property Plant Equipment			44 575	22 305	8 272
Amounts Owed By Group Undertakings Participating Interests					20 000	234 995
Average Number Employees During Period				3	4	2
Bank Borrowings				50 000	46 000	309 042
Bank Borrowings Overdrafts	505
Bank Overdrafts		8 127	48 488	32 916	26 393	39 176
Corporation Tax Payable	9 654
Creditors	55 938	60 248	306 620	197 515	267 437	405 594
Finance Lease Liabilities Present Value Total	45 000	45 000
Increase From Depreciation Charge For Year Property Plant Equipment			3 566	8 027	10 839	10 544
Net Current Assets Liabilities	45 605	150 553	-7 670	37 453	161 178	381 106
Other Creditors	591	1 023		6 000	87 346
Property Plant Equipment Gross Cost			44 575	66 880	75 152	75 152
Taxation Social Security Payable		6 237	11 967	15 744	14 491
Total Assets Less Current Liabilities	45 605	129 966	33 339	92 740	213 898	423 282
Trade Creditors Trade Payables	693	884	246 165	142 855	226 553	366 418
Trade Debtors Trade Receivables			6 465

Company staff

Tisa W.

Role: Secretary

Appointed: 14 July 2020

Latest update: 26 March 2024

Michael W.

Role: Director

Appointed: 13 December 2016

Latest update: 26 March 2024

People with significant control

Michael W.

Notified on 13 December 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	30 July 2024
Confirmation statement last made up date	16 July 2023

Annual Accounts
Start Date For Period Covered By Report	2016-12-13
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	31 December 2022

Freeway Car Sales Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Tisa W.

Michael W.

People with significant control

Michael W.

Accounts Documents

Company filings

Filing category

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