Chippenham Motor Company Limited in Chippenham, SN14 6LF

Description

Data updated on: 01-11-2023

Chippenham Motor Company is a business situated at SN14 6LF Chippenham at Chippenham Motor Company. This enterprise has been operating since 1985 and is established under the identification number 01962593. This enterprise has been active on the UK market for thirty nine years now and company current status is active. The firm known today as Chippenham Motor Company Limited was known as Gemini Motor Company until 2015-04-01 at which point the business name was changed. The company's classified under the NACE and SIC code 45400, that means Sale, maintenance and repair of motorcycles and related parts and accessories. The latest accounts were submitted for the period up to 2022-12-31 and the most current confirmation statement was released on 2022-11-01.

With three recruitment announcements since 2015-07-23, the corporation has been quite active on the employment market. On 2016-04-05, it started searching for candidates for a part time Driver/ car washer position in Chippenham, and on 2015-07-23, for the vacant position of a part time Car Sales Apprentice in Chippenham. As of yet, they have hired candidates for the weekend receptionist. posts.

In order to satisfy the clientele, the business is permanently being controlled by a group of two directors who are Jacqueline B. and Adam B.. Their joint efforts have been of critical importance to this specific business since 2019-09-16. Furthermore, the managing director's duties are regularly backed by a secretary - Lauren B., who was selected by this specific business in 2015.

Previous company's names
Chippenham Motor Company Limited 2015-04-01
Gemini Motor Company Limited 1985-11-21

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	840 632	1 372 203
Current Assets	8 201 206	8 691 603
Debtors	2 405 078	3 144 252
Net Assets Liabilities	2 474 638	3 265 959
Other Debtors	40 859	184 811
Property Plant Equipment	644 719	499 996
Total Inventories	4 955 496	4 175 148

Other Financial Data
Accrued Liabilities	429 644	362 439
Accumulated Amortisation Impairment Intangible Assets	3 507 856
Accumulated Depreciation Impairment Property Plant Equipment	967 147	1 126 128
Additional Provisions Increase From New Provisions Recognised		-31 571
Administrative Expenses	1 338 709	1 352 734
Amounts Owed By Group Undertakings	1 870 282	2 520 282
Applicable Tax Rate	19	19
Average Number Employees During Period	61	61
Bank Borrowings	100 000	98 361
Bank Borrowings Overdrafts	367 213	262 295
Comprehensive Income Expense	1 322 592	791 321
Corporation Tax Payable	280 435	198 274
Cost Sales	27 341 374	31 257 032
Creditors	367 213	262 295
Current Tax For Period	280 435	191 097
Depreciation Expense Property Plant Equipment	188 563	166 531
Disposals Decrease In Depreciation Impairment Property Plant Equipment		7 550
Disposals Property Plant Equipment		7 971
Fixed Assets	644 719	499 996
Further Operating Expense Item Component Total Operating Expenses	5 785	13 627
Future Minimum Lease Payments Under Non-cancellable Operating Leases	210 000	233 225
Gain Loss On Disposals Property Plant Equipment	-6 789	-421
Gross Profit Loss	2 826 780	2 319 382
Increase Decrease In Current Tax From Adjustment For Prior Periods		9 500
Increase From Depreciation Charge For Year Property Plant Equipment		166 531
Intangible Assets Gross Cost	3 507 856
Interest Expense On Bank Loans Similar Borrowings	2 550	15 811
Interest Payable Similar Charges Finance Costs	2 550	15 811
Investments In Group Undertakings	946 380
Merchandise	179 346	211 026
Net Current Assets Liabilities	2 262 520	3 062 075
Number Shares Issued Fully Paid		98
Operating Profit Loss	1 625 848	966 648
Other Creditors	167 525	315 452
Other Deferred Tax Expense Credit	20 271	-31 570
Other Interest Receivable Similar Income Finance Income		11
Other Operating Income Format1	137 777
Other Remaining Borrowings	4 043 630	3 453 819
Other Taxation Social Security Payable	191 257	104 610
Par Value Share		1
Pension Other Post-employment Benefit Costs Other Pension Costs	29 518	72 913
Prepayments Accrued Income	86 144	152 774
Profit Loss	1 322 592	791 321
Profit Loss On Ordinary Activities Before Tax	1 623 298	950 848
Property Plant Equipment Gross Cost	1 611 866	1 626 124
Provisions	65 388	33 817
Provisions For Liabilities Balance Sheet Subtotal	65 388	33 817
Social Security Costs	147 199	153 050
Staff Costs Employee Benefits Expense	1 733 039	1 835 845
Tax Decrease From Utilisation Tax Losses		7 794
Tax Expense Credit Applicable Tax Rate	308 427	180 661
Tax Increase Decrease From Effect Capital Allowances Depreciation	-1 336	-8 837
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	-22 096	34 256
Tax Tax Credit On Profit Or Loss On Ordinary Activities	300 706	159 527
Total Additions Including From Business Combinations Property Plant Equipment		22 229
Total Assets Less Current Liabilities	2 907 239	3 562 071
Total Borrowings	4 143 630	3 552 180
Trade Creditors Trade Payables	726 195	1 096 573
Trade Debtors Trade Receivables	407 793	286 385
Turnover Revenue	30 168 154	33 576 414
Wages Salaries	1 556 322	1 609 882