Motion Finance Limited in Birmingham, B33 9TX

Description

Data updated on: 01-11-2023

Motion Finance came into being in 1986 as a company enlisted under no 02024839, located at B33 9TX Birmingham at Yardley Brook Industrial Park. The firm has been in business for thirty eight years and its state is active. This firm's principal business activity number is 32990: Other manufacturing n.e.c.. Motion Finance Ltd released its latest accounts for the financial period up to 2023-03-31. Its latest annual confirmation statement was filed on 2022-12-26.

Motion Finance Ltd is a small-sized vehicle operator with the licence number OD0258896. The firm has one transport operating centre in the country. In their subsidiary in Birmingham on Yardley Brook Industrial Park, 8 machines are available.

Our data about this specific firm's management reveals there are four directors: Rebecca A., John P., Richard G. and Angus M. who joined the company's Management Board on 2022-07-01, 2018-03-08 and 2017-05-22.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	416 757	34 795	12 781
Current Assets	589 304	36 178	73 648
Debtors	172 547	1 383	60 867
Net Assets Liabilities	1 963 137	1 881 825	1 636 383
Other Debtors	803	1 383	57 433
Property Plant Equipment	3 488 322	3 796 029	4 043 948

Other Financial Data
Accrued Liabilities	1 000	1 000	1 000
Accumulated Depreciation Impairment Property Plant Equipment	3 003 212	3 231 282	3 494 514
Additions Other Than Through Business Combinations Property Plant Equipment		535 777	511 151
Amounts Owed By Related Parties	171 744
Amounts Owed To Related Parties	1 471 903	929 936	1 290 469
Average Number Employees During Period	3	3	4
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	949 304	938 257	938 257
Creditors	216 652	454 334	286 318
Dividend Per Share Interim	3	1
Finance Lease Liabilities Present Value Total	216 652	191 794	168 016
Financial Commitments Other Than Capital Commitments	1 963 137	1 881 825	1 636 383
Fixed Assets	3 488 324	3 796 031	4 043 950
Gain Loss On Revaluation Other Assets Net Tax In Other Comprehensive Income	-12 933	-12 933	-12 933
Gain Loss On Revaluation Property Plant Equipment Net Tax In Other Comprehensive Income	12 933	12 933	12 933
Increase From Depreciation Charge For Year Property Plant Equipment		228 070	263 232
Investments Fixed Assets	2	2	2
Investments In Subsidiaries	2	2	2
Net Current Assets Liabilities	-1 001 305	-1 086 552	-1 557 823
Number Shares Issued Fully Paid	140 000	140 000
Other Comprehensive Income Expense Net Tax	-12 933	-12 933	-12 933
Par Value Share		1
Percentage Class Share Held In Subsidiary	100	100
Prepayments			3 434
Property Plant Equipment Gross Cost	6 491 534	7 027 311	7 538 462
Provisions For Liabilities Balance Sheet Subtotal	307 230	373 320	563 426
Total Assets Less Current Liabilities	2 487 019	2 709 479	2 486 127
Total Borrowings	216 652	454 334	286 318
Trade Creditors Trade Payables			171 986

Resigned: 08 March 2018

Latest update: 23 March 2024

Graham B.

Role: Director

Appointed: 08 March 2017

Resigned: 09 May 2018

Latest update: 23 March 2024

Michael L.

Role: Director

Appointed: 26 December 1991

Resigned: 31 March 2012

Latest update: 23 March 2024

People with significant control

The companies that control this firm are as follows: Allumette Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Birmingham at Lea Ford Road, B33 9TX and was registered as a PSC under the registration number 10509712.

Allumette Ltd

Address: Yardley Brook Industrial Park Lea Ford Road, Birmingham, B33 9TX, England

Legal authority Companies Act 2006

Legal form Company Limited By Shares

Country registered United Kingdom

Place registered Companies House

Registration number 10509712

Notified on 8 March 2017

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Wade L.

Notified on 25 December 2016

Ceased on 8 March 2017

Nature of control:

substantial control or influence

Maxine L.

Notified on 25 December 2016

Ceased on 8 March 2017

Nature of control:

substantial control or influence

Michael L.

Notified on 25 December 2016

Ceased on 8 March 2017

Nature of control:

substantial control or influence

Miles L.

Notified on 25 December 2016

Ceased on 8 March 2017

Nature of control:

substantial control or influence

Accounts Documents

Account next due date	31 December 2024
Account last made up date	31 March 2023
Confirmation statement next due date	09 January 2024
Confirmation statement last made up date	26 December 2022

Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Motion Finance Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Rebecca A.

John P.

Richard G.

Angus M.

Miles L.

Maxine L.

Wade L.

Michael L.

Graham B.

Michael L.

People with significant control

Allumette Ltd

Wade L.

Maxine L.

Michael L.

Miles L.

Accounts Documents

Company Vehicle Operator Data

Vertikal

Address

City

Postal code

No. of Vehicles

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies