Nk Motorgroup Ltd in Derby, DE24 8BY

Description

Data updated on: 01-11-2023

Nk Motorgroup Ltd is located at Derby at 2 Orient Way. You can search for the company by the area code - DE24 8BY. Nk Motorgroup's incorporation dates back to 2015. The company is registered under the number 09689331 and their current status is active. This company's SIC and NACE codes are 64209 meaning Activities of other holding companies n.e.c.. The company's most recent filed accounts documents describe the period up to 2021-12-31 and the most recent annual confirmation statement was submitted on 2023-07-15.

As suggested by the firm's register, since November 2022 there have been three directors: Sanjeev K., Narinder K. and Ravi K..

Executives who control the firm include: Narinder K. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Ravi K. 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	2016-07-31	2017-07-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	-260

Balance Sheet
Cash Bank On Hand	100	100	100	100	100	100	100
Current Assets			100	164 965	160	7 660	37 660
Debtors				164 865	60	7 560	37 560
Other Debtors						7 500	37 500
Total Inventories					4 606 311	5 072 877
Cash Bank In Hand	100

Capital & Reserves
Called Up Share Capital	100
Profit Loss Account Reserve	-360
Shareholder Funds	-260

Other Financial Data
Accrued Liabilities Deferred Income					8 413	248 700	365 421
Accumulated Amortisation Impairment Intangible Assets			288 748	578 502	868 255	5 400	6 600
Accumulated Depreciation Impairment Property Plant Equipment					183 457	263 894	351 727
Additions Other Than Through Business Combinations Property Plant Equipment						119 406	36 489
Administrative Expenses					3 872 138	4 053 415	5 037 715
Amounts Owed To Group Undertakings			2 873 460		2 296 976	2 338 863	2 381 741
Bank Borrowings					1 475 352	1 310 420	1 064 953
Bank Borrowings Overdrafts					162 653	227 118	202 259
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment					2 600 000	5 513 328	5 458 226
Cash Cash Equivalents				100	100	1 210 176	1 312 466
Cash Cash Equivalents Cash Flow Value					100	100	100
Cash Flows From Disposal Or Reduction In Control Over Subsidiaries Or Other Businesses					100
Comprehensive Income Expense		-360	91 844	3 035 171	-72 377	108 990	685 067
Corporation Tax Payable			21 375	29 784	30 428	628 605	597 355
Cost Sales					33 757 302	50 408 949	72 693 549
Creditors	360	720	2 908 876	38 570	2 335 917	2 343 483	2 394 547
Current Tax For Period			111 539	34 714	112 260	142 543	205 757
Deferred Income					219 165	87 900	86 100
Deferred Tax Asset Debtors						14 254
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences					5 207	-6 616	35 933
Dividends Paid Classified As Financing Activities					-36 000		-39 500
Finance Lease Liabilities Present Value Total					103 881	65 618	43 770
Finance Lease Payments Owing Minimum Gross					29 058	33 508	21 438
Finished Goods Goods For Resale					81 022	163 593	194 664
Fixed Assets			10 374 996	10 374 996	12 728 771	12 728 771	12 728 771
Further Item Cash Flow From Used In Investing Activities Component Net Cash Flows From Used In Investing Activities					-2 423 275
Further Item Tax Increase Decrease Component Adjusting Items					53 638	-6 616	35 933
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income					1 349 894
Government Grant Income					498 336	183 373
Gross Profit Loss					3 678 577	4 301 995
Income Taxes Paid Refund Classified As Operating Activities					-150 000	-90 002	-235 754
Income Tax Expense Credit On Components Other Comprehensive Income					241 304	76 202
Increase Decrease In Current Tax From Adjustment For Prior Periods							-1 254
Increase From Amortisation Charge For Year Intangible Assets			288 748	289 754	289 753	1 200	1 200
Increase From Depreciation Charge For Year Property Plant Equipment						80 437	87 833
Intangible Assets			2 583 243	2 293 489	2 003 736	18 600	17 400
Intangible Assets Gross Cost			2 871 991	2 871 991	24 000	24 000
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings					122 727	105 962
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts			3 832	3 739	5 266	5 831
Interest Paid Classified As Operating Activities					-146 893	-143 293	-256 870
Interest Payable Similar Charges Finance Costs			92 453	157 628	147 537	431	256 870
Interest Received Classified As Investing Activities					-32 499	-9 040	-2 342
Investment Property			3 000 000	3 000 000	5 353 675	5 353 675	5 353 675
Investments Fixed Assets			7 374 996	7 374 996	7 375 096	7 375 096	7 375 096
Investments In Subsidiaries					7 375 096	7 375 096	7 375 096
Net Cash Generated From Operations					-1 601 659	-1 479 302	-1 599 785
Net Finance Income Costs					32 499	9 040	2 342
Operating Profit Loss					308 775	455 803
Other Comprehensive Income Expense Before Tax					1 108 590	-76 202
Other Creditors		360			100	6 651 584	99
Other Interest Receivable Similar Income Finance Income					32 499	9 040	2 342
Other Remaining Borrowings					137 500
Pension Other Post-employment Benefit Costs Other Pension Costs			16 930	43 453	46 791	47 594	61 699
Percentage Class Share Held In Subsidiary						100
Prepayments Accrued Income					60	60	342 359
Profit Loss		-360	42 810	3 035 171	-72 377	-66	18 436
Profit Loss On Ordinary Activities Before Tax		-360	167 823	-75 057	193 738	321 119
Property Plant Equipment Gross Cost					477 128	596 534	633 023
Purchase Investment Properties					-2 423 175
Raw Materials Consumables					4 525 289	4 909 284
Social Security Costs			143 356	367 554	191 114	207 676
Staff Costs Employee Benefits Expense			1 881 767	2 675 619	2 479 499	2 547 670	4 012 324
Taxation Including Deferred Taxation Balance Sheet Subtotal					296 741	380 580	402 259
Tax Decrease From Utilisation Tax Losses		-71	1 379				66 912
Tax Increase Decrease From Effect Capital Allowances Depreciation			13 505	-8 726	5 252	23 425	18 120
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			4 493	4 063	16 560	4 467	16 022
Tax Tax Credit On Profit Or Loss On Ordinary Activities			125 013	57 732	117 467	470	4 656
Total Borrowings					300 153	227 118	202 259
Total Current Tax Expense Credit			111 531	34 714		142 543	204 503
Trade Creditors Trade Payables				2 546	319 403	516 992	557 963
Trade Debtors Trade Receivables					680 799	1 558 770	951 298
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment						-753 675
Turnover Revenue			31 413 817	41 874 642	37 435 879	54 710 944
Wages Salaries			1 721 481	2 264 612	2 241 594	2 292 400	3 595 203
Audit Fees Expenses			6 402	11 300	11 300
Director Remuneration			24 887	24 555	24 796
Accrued Liabilities		360	14 041	6 240	8 413
Additions Other Than Through Business Combinations Investment Property Fair Value Model			3 000 000		2 423 175
Amortisation Expense Intangible Assets			1 800	1 200	1 200
Applicable Tax Rate		20	19	19	19
Average Number Employees During Period			94	95	93
Creditors Due Within One Year	360
Depreciation Expense Property Plant Equipment			112 736	92 219	101 017
Further Item Interest Expense Component Total Interest Expense			1 431	8 739	19 544
Increase Decrease Due To Transfers Into Or Out Intangible Assets			24 957
Interest Expense On Bank Overdrafts			87 190	125 227	122 727
Investment Property Fair Value Model			3 000 000	3 000 000	5 353 675
Investments In Group Undertakings			7 374 996	7 374 996	7 375 096
Issue Equity Instruments			2 000
Net Current Assets Liabilities	-260	-620	-2 908 776	126 395	-2 335 757
Number Shares Allotted	100
Number Shares Issued Fully Paid		100	200	200	200
Other Deferred Tax Expense Credit			13 482	23 018	5 207
Par Value Share	1	1	1	1	1
Share Capital Allotted Called Up Paid	100
Tax Expense Credit Applicable Tax Rate		-71	31 886	-14 261	36 810
Total Additions Including From Business Combinations Intangible Assets			2 847 034
Total Assets Less Current Liabilities	-260	-620	7 466 220	10 501 391	10 393 014
Total Operating Lease Payments			1 254	1 563	1 508
Amounts Owed By Group Undertakings				164 865
Dividends Paid					36 000
Dividends Paid On Shares					36 000
Dividends Paid On Shares Interim					32 000
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax					1 349 894
Prepayments					60

Company staff

Sanjeev K.

Role: Director

Appointed: 22 November 2022

Latest update: 25 January 2024

Narinder K.

Role: Director

Appointed: 16 July 2015

Latest update: 25 January 2024

Ravi K.

Role: Director

Appointed: 16 July 2015

Latest update: 25 January 2024

People with significant control

Narinder K.

Notified on 15 July 2016

Nature of control:

1/2 or less of voting rights

right to manage directors

1/2 or less of shares

Ravi K.

Notified on 15 July 2016

Nature of control:

1/2 or less of voting rights

right to manage directors

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 December 2021
Confirmation statement next due date	29 July 2024
Confirmation statement last made up date	15 July 2023

Annual Accounts 11 April 2017
Start Date For Period Covered By Report	16 July 2015
End Date For Period Covered By Report	31 July 2016
Date Approval Accounts	11 April 2017
Annual Accounts
Start Date For Period Covered By Report	01 August 2016
End Date For Period Covered By Report	31 July 2017
Annual Accounts
Start Date For Period Covered By Report	01 August 2017
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020

Nk Motorgroup Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Sanjeev K.

Narinder K.

Ravi K.

People with significant control

Narinder K.

Ravi K.

Accounts Documents

Company filings

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