G T Motorsports Limited in Hinckley, LE10 3BY

Description

Data updated on: 01-11-2023

G T Motorsports is a business situated at LE10 3BY Hinckley at Unit 9 Phoenix Business Park. This business was set up in 2007 and is established under the identification number 06317455. This business has been operating on the English market for seventeen years now and company official status is active - proposal to strike off. This business's declared SIC number is 45200 and has the NACE code: Maintenance and repair of motor vehicles. G T Motorsports Ltd released its latest accounts for the period up to 2021-07-31. The firm's latest confirmation statement was submitted on 2022-07-19.

There seems to be a group of two directors leading the limited company at the current moment, namely Jayne S. and Graham S. who have been performing the directors responsibilities since 2010.

Executives with significant control over the firm are: Graham S. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Jayne S. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-07-31	2012-07-31	2013-07-31	2014-07-31	2015-07-31	2016-07-31	2017-07-31	2018-07-31	2019-07-31	2020-07-31	2021-07-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	5 769	34 209	60 012	93 561	106 695	71 816

Balance Sheet
Cash Bank In Hand	26 286	61 155	101 385	87 810	94 054	99 434
Cash Bank On Hand						99 434	83 393	71 623	74 064	125 398	81 268
Current Assets	67 484	84 262	117 482	138 222	150 460	119 252	116 601	124 891	111 405	159 242	97 724
Debtors	37 598	19 207	11 597	46 312	52 356	15 793	28 758	48 268	32 791	30 844	13 706
Net Assets Liabilities						71 816	61 707	57 694	42 398	27 914	447
Net Assets Liabilities Including Pension Asset Liability	5 769	34 209	60 012	93 561	106 695	71 816
Other Debtors						1 206	1 206	1 206	1 206	1 332	4 991
Property Plant Equipment						7 627	4 638	24 536	18 519	13 980	10 557
Stocks Inventory	3 600	3 900	4 500	4 100	4 050	4 025
Tangible Fixed Assets	13 728	10 345	7 798	7 880	6 036	7 627
Total Inventories						4 025	4 450	5 000	4 550	3 000	2 750

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	5 669	34 109	59 912	93 461	106 595	71 716
Shareholder Funds	5 769	34 209	60 012	93 561	106 695	71 816

Other Financial Data
Accrued Liabilities						1 700	1 715	4 200	4 290	4 290	3 983
Accumulated Depreciation Impairment Property Plant Equipment						17 780	18 129	20 884	17 403	21 942	25 365
Average Number Employees During Period						3	3	3	3	3	3
Corporation Tax Payable						11 640	13 312	10 290	13 163	12 793	4 972
Creditors						54 274	58 651	14 802	9 727	54 652	48 333
Creditors Due After One Year	6 677	2 677
Creditors Due Within One Year	66 020	55 652	63 708	50 965	48 594	54 274
Disposals Decrease In Depreciation Impairment Property Plant Equipment							1 000	5 231
Disposals Property Plant Equipment							4 000	7 500
Dividends Paid							64 000	64 000	64 000	64 000	42 000
Finance Lease Liabilities Present Value Total								14 802	9 727	4 652	4 652
Increase From Depreciation Charge For Year Property Plant Equipment							1 349	7 986	6 018	4 539	3 423
Net Current Assets Liabilities	1 464	28 610	53 774	87 257	101 866	64 978	57 950	52 622	37 125	71 243	40 229
Number Shares Allotted		50	50	50	50	50
Other Creditors							8	18		2 000	2 000
Other Taxation Social Security Payable								391	695	18	10
Par Value Share		1	1	1	1	1
Prepayments						633	730	1 023	887	870	872
Profit Loss							53 891	59 987	48 704	49 516	14 533
Property Plant Equipment Gross Cost						25 407	22 767	45 420	35 922	35 922
Provisions For Liabilities Balance Sheet Subtotal						789	881	4 662	3 519	2 657	2 006
Provisions For Liabilities Charges	2 746	2 069	1 560	1 576	1 207	789
Recoverable Value-added Tax						6 595	9 552	7 092	9 226
Share Capital Allotted Called Up Paid	50	50	50	50	50	50
Tangible Fixed Assets Additions				2 500		4 000
Tangible Fixed Assets Cost Or Valuation	18 907	18 907	18 907	21 407	21 407	25 407
Tangible Fixed Assets Depreciation	5 179	8 562	11 109	13 527	15 371	17 780
Tangible Fixed Assets Depreciation Charged In Period		3 383	2 547	2 418	1 844	2 409
Total Additions Including From Business Combinations Property Plant Equipment							1 360	30 153
Total Assets Less Current Liabilities	15 192	38 955	61 572	95 137	107 902	72 605	62 588	77 158	55 644	85 223	50 786
Trade Creditors Trade Payables						39 564	41 648	38 410	34 997	22 516	14 878
Trade Debtors Trade Receivables						7 359	17 270	38 947	21 472	28 642	7 843
Bank Borrowings Overdrafts										50 000	38 337