Platinum Car Sales Ltd in Merthyr Tydfil, CF47 8PE

Description

Data updated on: 01-11-2023

Platinum Car Sales Ltd has been prospering on the local market for at least eight years. Started with Companies House Reg No. 10120917 in 2016, it is based at Unit 1b, Merthyr Tydfil CF47 8PE. The firm's principal business activity number is 47110 and has the NACE code: . Platinum Car Sales Limited reported its account information for the financial period up to 2022/05/31. Its latest confirmation statement was released on 2022/12/16.

Right now, this particular firm is presided over by 1 director: William M., who was formally appointed in 2016.

William M. is the individual who controls this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-04-30	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency
Net Worth	-18 419

Balance Sheet
Cash Bank On Hand		60 837				19 829	60 861
Current Assets	90 681	142 866	77 558	325 120	549 719	669 910	892 819
Debtors					30 694
Net Assets Liabilities	18 319	14 724	258 850	255 508	298 838	243 101	267 205
Property Plant Equipment		-16 666	-16 666	15 240	12 497	14 747	12 092
Total Inventories		98 695	458 301	325 120	519 025	650 081	831 958
Net Assets Liabilities Including Pension Asset Liability	-18 419

Capital & Reserves
Shareholder Funds	-18 419

Other Financial Data
Version Production Software				2 020		2 022	2 023
Accumulated Depreciation Impairment Property Plant Equipment			4 080	7 426	10 169	7 919	10 574
Additions Other Than Through Business Combinations Investment Property Fair Value Model				150 000
Average Number Employees During Period			1			3	3
Bank Borrowings				50 000	50 000	22 548	53 000
Bank Borrowings Overdrafts			43 679
Called Up Share Capital Not Paid Not Expressed As Current Asset						1
Creditors	109 000	37 500	43 679	78 014	363 378	669 009	658 567
Current Asset Investments			1 469 641
Dividend Declared Payable				-12 000			-12 000
Finance Lease Liabilities Present Value Total			25 403			576 009	577 567
Finished Goods Goods For Resale		98 695	-1 392 083
Fixed Assets			18 586	165 240	162 497	264 747	262 092
Increase Decrease From Fair Value Adjustment Investment Property Fair Value Model						100 000
Increase From Depreciation Charge For Year Property Plant Equipment				3 346	2 743	-2 250	2 655
Investment Property				150 000	150 000	250 000	250 000
Investment Property Fair Value Model				150 000	150 000	250 000
Loans From Directors			-23 165	12 000	48 000	93 000	93 000
Net Current Assets Liabilities	-18 419	105 366	414 622	247 106	186 341	901	234 252
Nominal Value Allotted Share Capital					303 588	210 588	210 588
Number Shares Allotted						210 588	210 588
Other Creditors		37 500	174 256	106 838
Par Value Share						1	1
Property Plant Equipment Gross Cost		-16 666	22 666	22 666	22 666	22 666	22 666
Total Assets Less Current Liabilities	-18 419	105 366	40 378	412 346	348 838	265 649	496 344
Trade Creditors Trade Payables			102	78 014	315 378
Trade Debtors Trade Receivables					30 694
Creditors Due Within One Year	109 100
Non-instalment Debts Due After5 Years	109 100

Company staff

William M.

Role: Director

Appointed: 13 April 2016

Latest update: 6 April 2024

People with significant control

William M.

Notified on 30 April 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	29 February 2024
Account last made up date	31 May 2022
Confirmation statement next due date	30 December 2023
Confirmation statement last made up date	16 December 2022

Annual Accounts
Start Date For Period Covered By Report	2016-04-13
Annual Accounts
Start Date For Period Covered By Report	2017-05-01
End Date For Period Covered By Report	2018-05-31
Annual Accounts
Start Date For Period Covered By Report	1 June 2019
End Date For Period Covered By Report	31 May 2020
Annual Accounts
Start Date For Period Covered By Report	1 June 2020
End Date For Period Covered By Report	31 May 2021
Annual Accounts
Start Date For Period Covered By Report	1 June 2021
End Date For Period Covered By Report	31 May 2022
Annual Accounts
Start Date For Period Covered By Report	1 June 2022
End Date For Period Covered By Report	31 May 2023
Annual Accounts 11 January 2018
End Date For Period Covered By Report	2017-04-30
Date Approval Accounts	11 January 2018
Annual Accounts
End Date For Period Covered By Report	31 May 2019

Platinum Car Sales Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

William M.

People with significant control

William M.

Accounts Documents

Company filings

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