Motorpoint Limited in Derby, DE21 6LY

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www.motorpoint.co.uk

Description

Data updated on: 01-11-2023

Motorpoint Limited may be contacted at Champion House (formerly Salisbury House) Stephensons Way, Chaddesden in Derby. Its area code is DE21 6LY. Motorpoint has been on the British market for the last twenty eight years. Its registration number is 03482801. It 's been fourteen years from the moment The firm's business name is Motorpoint Limited, but till 2011 the business name was Motorpoint Of Derby and before that, up till Tuesday 27th January 1998 this business was known under the name Willoughby (157). This means it has used three different names. The firm's Standard Industrial Classification Code is 47990: Other retail sale not in stores, stalls or markets. 2023-03-31 is the last time the company accounts were reported.

The company owns one restaurant or cafe. Its FHRSID is 22512. It reports to Derby City and its last food inspection was carried out on 27th March 2018 in Chartwell Drive, Derby, DE21 6BZ. The most recent quality assessment result obtained by the company is 5, which translates as very good. The components comprising this value are the following inspection results: 0 for hygiene, 0 for its structural management and 0 for confidence in management.

Considering the following enterprise's constant growth, it was unavoidable to find other directors: Kalwant S., Thomas M. and Mark C. who have been aiding each other for one year to exercise independent judgement of the following business.

Previous company's names
Motorpoint Limited 2011-08-01
Motorpoint Of Derby Limited 1998-01-27
Willoughby (157) Limited 1997-12-17

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31
Currency	GBP	GBP	GBP
Net Worth	11 777 863	13 189 083	19 495 216

Balance Sheet
Cash Bank In Hand	2 099 307	3 501 236	5 145 233
Current Assets	52 870 636	67 444 485	76 283 967
Debtors	14 890 186	18 157 394	21 072 212
Net Assets Liabilities Including Pension Asset Liability	11 777 863	13 189 083	19 495 216
Other Debtors	2 156 451	1 892 005	2 931 689
Stocks Inventory	35 881 143	44 485 855	50 066 522
Tangible Fixed Assets	672 127	1 093 133	1 360 886
Trade Debtors	453 791	1 240 891	349 755

Capital & Reserves
Called Up Share Capital	200 000	200 000	200 000
Profit Loss Account Reserve	11 577 863	12 989 083	19 295 216
Shareholder Funds	11 777 863	13 189 083	19 495 216

Other Financial Data
Audit Fees Expenses	18 500	19 200	20 700
Auditing Accounts Of Associates Pursuant To Legislation Entity And Subsidiaries Fees	1 600	1 660
Fees For Non-audit Services	5 170	20 850	15 655
Information Technology Services Fees	4 550	1 770	1 850
Internal Audit Fees	1 000	1 455
Litigation Services Fees	-7 730		-5 270
Other Non-audit Services Fees		5 750	1 730
Other Services Pursuant To Such Legislation Fees	2 100	2 185	1 050
Taxation Services Fees	2 900	6 900	13 925
Total Fees To Auditors	23 670	40 050	36 355
Company Contributions To Money Purchase Schemes Directors	10 127	31 061	26 356
Director Remuneration	788 669	947 715	929 796
Director Remuneration Benefits Excluding Payments To Third Parties	197 916	337 837	395 314
Number Directors Accruing Benefits Under Money Purchase Scheme	6	4	4
Accruals Deferred Income Within One Year	4 798 245	4 011 613	6 442 442
Administration Support Average Number Employees	121	122
Administrative Expenses	16 250 993	13 742 232
Amount Due From To Related Party		1 105 147	103 749
Amounts Owed By Other Participating Interests	3 705 879	2 171 143	103 749
Amounts Owed By Other Participating Interests After One Year	2 134 194
Amounts Owed By Subsidiaries	6 821 345	10 158 158	12 574 802
Amounts Owed By Subsidiaries After One Year	5 861 530	9 466 801	10 008 946
Amounts Owed To Other Participating Interests Within One Year	123 437
Amounts Owed To Subsidiaries Within One Year	748 595	1 002 855
Average Number Employees During Period	365	378
Bank Borrowings Overdrafts	1 369 630	948 198
Bank Loans Overdrafts Finance Charges	19 691	17 860
Capital Allowances In Excess Depreciation Leading To Decrease Increase In Tax	23 524	30 790
Cash Flow Outflow Before Management Liquid Resources Financing	-1 607 098	-3 981 932
Cash Flow Outflow From Capital Expenditure Financial Investment		-799 589
Cash Flow Outflow From Operating Activities	3 739 104	-3 155 078
Cash Flow Outflow From Returns On Investments Servicing Finance	436 576	258 735
Commitments Under Non-cancellable Operating Leases Land Buildings	1 748 804	2 072 506	2 490 506
Corporation Tax Due Within One Year			2 253 480
Cost Sales	299 583 214	352 505 625
Creditors Due After One Year	1 369 630	948 198	4 519 000
Creditors Due Within One Year	36 584 270	46 330 337	53 630 637
Current Asset Investments		1 300 000
Debt Due After One Year	1 369 630	948 198
Debt Due Within One Year	23 496 677	29 301 970	29 942 367
Debtors Due After One Year	7 995 724	9 466 801	12 630 560
Decrease Increase In Debtors	5 326 616	-3 328 721
Decrease Increase In Net Debt During Period	-1 607 098	-3 981 932
Decrease Increase In Net Debt Resulting From Cash Flows	-1 607 098	-3 981 932
Decrease Increase In Provisions	-5 111 000	-2 959 000
Decrease Increase In Stocks	1 470 170	-8 604 712
Deferred Tax Current Asset	52 146	49 107	41 796
Depreciation Tangible Fixed Assets Expense	340 704	378 583	508 413
Difference Between Accumulated Depreciation Amortisation Capital Allowances	-39 662	-37 297	-12 205
Dividends Withdrawn From Total Reserves	5 000 000
Equity Dividends Paid	5 000 000
Expenses Not Deductible For Tax Purposes	58 043	9 296
Finished Goods Goods For Resale	35 881 143	44 485 855	50 066 522
Fixed Asset Investments Cost Or Valuation	1 300 000
Fixed Asset Investments Disposals		1 300 000
Fixed Assets	1 972 127	1 093 133
Geographic Segment Revenue By Destination	306 518 523	361 745 560	463 910 414
Gross Profit Loss	6 935 309	9 239 935
Hire Leasing Plant Machinery Costs		21 823
Hire Property Other Lease Expenditure	1 833 143	1 940 495
Income From Other Participating Interests	66 267	5 730
Income From Shares In Subsidiaries Group Undertakings	496 766	496 765
Increase Decrease In Creditors	-4 071 835	3 940 774
Increase Decrease In Net Cash For Period	-999 665	1 401 929
Increase Decrease In U K Corporation Tax Arising From Adjustment For Prior Periods	-881 326
Increase Decrease In U K Tax From Origination Reversal Timing Differences	-2 821	3 039
Interest Paid	209 038	248 925
Interest Payable Similar Charges	209 038	248 925
Interest Receivable On Bank Deposits	5	5 027
Interest Received	645 614	507 660
Interim Payment	5 000 000
Investments Fixed Assets	1 300 000
Land Buildings Operating Leases Expiring After Five Years	1 632 468	1 600 100	1 227 600
Land Buildings Operating Leases Expiring Between Two Five Years	116 336	472 406	1 262 906
Loans From Directors Within One Year	626 232
Loans Other Than Banks Loans Overdrafts Finance Charges	189 347	225 797
Net Current Assets Liabilities	16 286 366	21 114 148	22 653 330
Net Debt Funds	22 767 000	26 748 932	24 797 134
Net Increase Decrease In Shareholders Funds	-8 116 828	1 411 220
Number Shares Allotted	200 000	200 000	200 000
Operating Profit Loss	-4 437 551	1 499 998
Other Borrowings	23 075 245	28 880 538	29 942 367
Other Borrowings Interest Payments Similar Charges		5 268
Other Creditors After One Year			4 519 000
Other Creditors Due Within One Year	1 236 448	1 205 609	2 528 858
Other Current Asset Investments Held For Sale		1 300 000
Other Debtors Due After One Year			2 621 614
Other Differences Leading To An Increase Decrease In Tax Charge	-62 951
Other Interest Receivable	82 576	138
Other Interest Receivable Similar Income	82 581	5 165
Other Operating Income	4 878 133	6 002 295
Other Taxation Social Security Within One Year	256 019	1 353 310	1 289 210
Other Timing Differences	-12 484	-11 810	-29 591
Par Value Share		1	1
Pension Costs	30 643	31 061
Pension Costs Defined Contribution Scheme	30 643	31 061
Percentage Participating Interest Or Investment Held		100
Prepayments Accrued Income Current Asset	1 700 574	2 598 868	3 308 554
Profit Loss For Period	-3 116 828	1 411 220
Profit Loss On Ordinary Activities Before Tax	-4 000 975	1 758 733
Provisions Charged Credited To Profit Loss Account During Period		3 039	7 311
Provisions For Liabilities Charges	5 111 000	8 070 000
Purchase Tangible Fixed Assets	176 451	799 589
Repayment Borrowings	-607 433	-5 383 861
Selling Average Number Employees	244	256
Short Term Timing Differences Leading To Decrease Increase In Taxation	-12 484	-287
Social Security Costs	828 082	914 965
Staff Costs	9 592 165	10 528 005
Standard Nominal Tax Rate	26	24
Tangible Fixed Assets Additions		119 027	97 888
Tangible Fixed Assets Cost Or Valuation	2 208 384	2 970 223	3 733 478
Tangible Fixed Assets Depreciation	1 536 257	1 877 090	2 372 592
Tangible Fixed Assets Depreciation Charged In Period		54 605	68 418
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		37 750	12 911
Tangible Fixed Assets Disposals		37 750	12 911
Taxation Expense Credit	606 327	286 000
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	-1 040 254	422 096
Tax On Profit Or Loss On Ordinary Activities	-884 147	347 513
Total Assets Less Current Liabilities	18 258 493	22 207 281	24 014 216
Total Depreciation Amortisation Impairment Charges	340 704	378 583
Total U K Foreign Current Tax After Adjustments Relief	-881 326	344 474
Trade Creditors Within One Year	5 298 617	9 454 980	11 174 280
Turnover Gross Operating Revenue	306 518 523	361 745 560
U K Current Corporation Tax	-881 326	344 474
U K Current Corporation Tax On Income For Period		344 474
Unrelieved Tax Losses Carried Forward	127 828	-117 995
Value Shares Allotted	200 000	200 000	200 000
Wages Salaries	8 733 440	9 581 979