Otto Car Limited in London, W6 9EA

Description

Data updated on: 01-11-2023

Otto Car Limited has been prospering in the United Kingdom for at least eleven years. Registered under the number 08479726 in 2013, the company is registered at 3 Sussex Place, London W6 9EA. It has been already 9 years since Otto Car Limited is no longer featured under the name Premier Cab Repairs. This business's registered with SIC code 77110 and has the NACE code: Renting and leasing of cars and light motor vehicles. Otto Car Ltd filed its account information for the period that ended on Thu, 31st Mar 2022. The company's latest annual confirmation statement was filed on Wed, 25th Oct 2023.

Gurinder D. is the company's solitary managing director, that was designated to this position in 2013. Since 2017 Mohammed S., had fulfilled assigned duties for the firm up until the resignation in 2017.

Previous company's names
Otto Car Limited 2015-12-16
Premier Cab Repairs Limited 2013-04-09

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-09-30	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31
Currency
Net Worth	15 528	156 360	1 128 556

Balance Sheet
Cash Bank On Hand			823 549	760 882	1 022 008	1 861 425	3 554 480	11 048 696	10 344 335
Current Assets	9 619	165 091	938 609	1 706 615	1 473 810	2 418 354	4 220 401	11 580 455	11 331 395
Debtors	3 750	136 634	115 060	945 733	451 802	556 929	665 921	531 759	987 060
Net Assets Liabilities			1 128 556	2 394 596	3 857 047	5 785 971	7 072 192	5 816 641	10 370 306
Other Debtors			47 610	124 779	120 826	122 100	376 518	391 823	200 510
Property Plant Equipment			2 864 683	6 688 933	11 383 622	17 247 757	35 879 790	30 021 306	46 116 715
Cash Bank In Hand	5 869	28 457	823 549
Net Assets Liabilities Including Pension Asset Liability	15 528	156 360	1 128 556
Tangible Fixed Assets	102 335	750 467	2 864 683

Capital & Reserves
Called Up Share Capital	1 000	1 000	1 000
Profit Loss Account Reserve	14 528	155 360	1 127 556
Shareholder Funds	15 528	156 360	1 128 556

Other Financial Data
Audit Fees Expenses						3 000
Director Remuneration					13 909	23 461	24 000	37 502	42 500
Dividend Recommended By Directors						200 000	91 443	8 000	50 000
Accrued Liabilities Deferred Income					7 167	11 667	11 290	103 979	76 781
Accumulated Depreciation Impairment Property Plant Equipment			378 992	1 126 613	2 391 460	6 411 176	13 395 883	19 767 264	27 889 238
Additional Provisions Increase From New Provisions Recognised						-307 726	133 154	387 838	385 286
Administrative Expenses					855 801	1 499 267	2 899 256	4 424 685	4 241 704
Amounts Owed By Group Undertakings			3 125	174 940	174 940
Amounts Owed To Group Undertakings			26 000	76 674	76 674	296 342
Applicable Tax Rate					19	19	19	19	19
Average Number Employees During Period				18	20	30	45	60	65
Capital Commitments					837 019	1 434 554
Comprehensive Income Expense					2 482 093	2 128 924	1 377 664	-1 247 551	4 603 665
Cost Sales					3 123 293	8 288 615	15 700 991	13 038 837	19 691 738
Creditors			1 321 490	2 647 429	3 697 922	6 546 968	20 106 956	21 347 643	31 276 660
Depreciation Amortisation Expense					1 264 847	4 940 341	9 749 765	7 830 797	12 084 646
Depreciation Expense Property Plant Equipment					1 264 847	4 940 340
Disposals Decrease In Depreciation Impairment Property Plant Equipment						920 624	2 765 058	1 459 416	3 962 672
Disposals Property Plant Equipment						925 354	3 004 372	3 406 153	5 114 661
Dividend Per Share Final						200	91	8	50
Dividends Paid				60 000		200 000	91 443	8 000	50 000
Dividends Paid Classified As Financing Activities						-200 000	-91 443	-8 000	-50 000
Dividends Paid On Shares Final						200 000	91 443	8 000	50 000
Finance Lease Liabilities Present Value Total			1 184 828	2 647 429	3 697 922	6 546 968	20 106 956	12 285 146	13 426 599
Finance Lease Payments Owing Minimum Gross					4 249 954	7 023 932	12 862 474	13 119 875	15 395 581
Fixed Assets	102 335	750 467	2 864 683		11 383 622	17 642 077	35 880 790	30 022 306	46 117 715
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities						-394 608	301 341	406 051	37 331
Further Operating Expense Item Component Total Operating Expenses					6 000	7 500
Future Finance Charges On Finance Leases					201 869	516 403	1 200 125	834 729	1 968 982
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables					14 450	106 713	202 919	502 888	-160 161
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables					-80 758	-280 067	50 121	-24 951	-455 301
Gross Profit Loss					3 716 208	3 781 092	4 866 184	4 418 168	10 830 512
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation					261 126	839 417	1 693 055	7 491 305	-701 450
Increase From Depreciation Charge For Year Property Plant Equipment				747 621	1 264 847	4 940 340	9 749 765	7 830 797	12 084 646
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts					343 316	464 650	914 366	1 259 247	1 596 323
Interest Payable Similar Charges Finance Costs					343 316	464 650	914 366	1 259 247	1 648 585
Investments Fixed Assets						394 320	1 000	1 000	1 000
Investments In Group Undertakings						394 320	1 000	1 000	1 000
Net Assets Liabilities Subsidiaries					-698 864	-698 534	-1 000	-1 000	-1 000
Net Cash Flows From Used In Financing Activities					-2 505 032	-5 450 027	-18 322 024	-2 261 535	-11 057 801
Net Cash Flows From Used In Investing Activities					5 959 536	11 194 772	28 421 392	3 425 652	28 808 021
Net Cash Flows From Used In Operating Activities					-3 715 630	-6 584 162	-11 792 423	-8 655 422	-17 048 770
Net Cash Generated From Operations					-4 058 946	-7 048 812	-12 706 789	-9 914 669	-18 697 355
Net Current Assets Liabilities	-71 801	-161 247	-414 637	-1 646 908	-2 401 193	-4 562 223	-7 821 573	-1 590 115	-2 817 556
Net Interest Received Paid Classified As Investing Activities						-4 023	-73		-11 397
Number Shares Issued Fully Paid				1 000	1 000	1 000	1 000	1 000	1 000
Operating Profit Loss					2 860 407	2 281 825	1 966 928	399 535	6 626 139
Other Creditors			136 662	75 754	60 237				153 978
Other Deferred Tax Expense Credit					34 998	-307 726	133 154	387 839	385 286
Other Interest Receivable Similar Income Finance Income						4 023	73		11 397
Other Taxation Social Security Payable			2 177	5 832	18 557	25 054	43 831	41 652	63 433
Par Value Share	1		1	1	1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities					2 521 716	5 308 489	18 714 808	-2 136 516	11 337 137
Pension Other Post-employment Benefit Costs Other Pension Costs					1 694	10 125	25 721	31 345	37 311
Percentage Class Share Held In Subsidiary						100	100	100	100
Prepayments Accrued Income					18 333	22 411	39 194	39 194
Proceeds From Sales Property Plant Equipment						-4 730	-199 647	-493 398	-512 626
Profit Loss				1 326 040	2 482 093	2 128 924	1 377 664	-1 247 551	4 603 665
Profit Loss On Ordinary Activities Before Tax					2 517 091	1 821 198	1 510 818	-859 712	4 988 951
Profit Loss Subsidiaries					-330	-330	-330
Property Plant Equipment Gross Cost			3 243 675	7 815 546	13 775 082	23 658 933	49 275 673	49 788 570	74 005 953
Provisions					1 054 641	746 915	880 069	1 267 907	1 653 193
Provisions For Liabilities Balance Sheet Subtotal					1 054 640	746 915	880 069	1 267 907	1 653 193
Purchase Property Plant Equipment					-5 959 536	-10 809 205	-28 621 112	-3 919 050	-29 332 044
Recoverable Value-added Tax					66 378	136 418			553 694
Social Security Costs					29 939	60 171	110 732	145 036	186 799
Staff Costs Employee Benefits Expense					443 084	785 104	1 447 408	1 763 000	2 156 562
Tax Decrease From Utilisation Tax Losses						616 245	2 524 162	169 569	-3 045 941
Tax Expense Credit Applicable Tax Rate					478 247	346 028	287 055	-163 345	947 901
Tax Increase Decrease From Effect Capital Allowances Depreciation					-478 247	270 217	2 237 107	56 780	-4 113 155
Tax Tax Credit On Profit Or Loss On Ordinary Activities					34 998	-307 726	133 154	387 839	385 286
Total Additions Including From Business Combinations Property Plant Equipment				4 571 871	5 959 536	10 809 205	28 621 112	3 919 050	29 332 044
Total Assets Less Current Liabilities	30 534	589 220	2 450 046	5 042 025	8 982 429	13 079 854	28 059 217	28 432 191	43 300 159
Total Operating Lease Payments					74 544	86 950
Trade Creditors Trade Payables			21 650	43 711	44 270	137 363	153 384	234 793	416 780
Trade Debtors Trade Receivables			64 325	71 325	71 325	276 000	91 096	100 742	232 856
Turnover Revenue					6 839 501	12 069 707	20 567 175	17 457 005	30 522 250
Wages Salaries					411 451	714 808	1 310 955	1 586 619	1 932 452
Amounts Owed By Associates							159 113
Bank Borrowings								4 000 000	3 733 333
Bank Borrowings Overdrafts								4 000 000	3 733 333
Bank Overdrafts								2 911
Cash Cash Equivalents Cash Flow Value						1 861 425	3 554 480	11 045 785
Cash Receipts From Government Grants								-406 052	-37 331
Gain Loss On Disposal Assets Income Statement Subtotal							-39 667	-1 453 339	-639 363
Interest Expense On Bank Loans Similar Borrowings									52 262
Interest Paid Classified As Operating Activities									-52 262
Net Deferred Tax Liability Asset					307 726	-133 154	-133 154	-387 839
Other Operating Income Format1								406 052	37 331
Proceeds From Borrowings Classified As Financing Activities								-4 000 000
Repayments Borrowings Classified As Financing Activities									-266 667
Tax Decrease Increase From Effect Revenue Exempt From Taxation									2 165
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss								276 134	121 478
Creditors Due After One Year	15 006	432 860	1 321 490
Creditors Due Within One Year	81 420	326 338	1 353 246
Number Shares Allotted	1 000		1 000
Secured Debts	59 580
Share Capital Allotted Called Up Paid	1 000	1 000	1 000
Tangible Fixed Assets Additions	127 919		2 602 569
Tangible Fixed Assets Cost Or Valuation	127 919	815 549	3 243 674
Tangible Fixed Assets Depreciation	25 584	65 082	378 991
Tangible Fixed Assets Depreciation Charged In Period	25 584		313 909
Tangible Fixed Assets Disposals			174 444

Company staff

Gurinder D.

Role: Director

Appointed: 09 April 2013

Latest update: 19 February 2024

People with significant control

The companies with significant control over this firm are: Otto Group Holdings Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Hammersmith at Sussex Place, W6 9EA, London and was registered as a PSC under the reg no 14189860.

Otto Group Holdings Limited

Address: 3 Sussex Place, Hammersmith, London, W6 9EA, United Kingdom

Legal authority English

Legal form Limited

Country registered United Kingdom

Place registered Companies House

Registration number 14189860

Notified on 11 August 2022

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Gurinder D.

Notified on 9 April 2016

Ceased on 11 August 2022

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	08 November 2024
Confirmation statement last made up date	25 October 2023

Annual Accounts 9 January 2015
Start Date For Period Covered By Report	2013-04-09
End Date For Period Covered By Report	2014-09-30
Date Approval Accounts	9 January 2015
Annual Accounts 6 June 2016
Start Date For Period Covered By Report	2015-04-01
End Date For Period Covered By Report	2016-03-31
Date Approval Accounts	6 June 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2016
End Date For Period Covered By Report	31 March 2017
Annual Accounts
Start Date For Period Covered By Report	01 April 2017
End Date For Period Covered By Report	31 March 2018
Annual Accounts
Start Date For Period Covered By Report	01 April 2018
End Date For Period Covered By Report	31 March 2019
Annual Accounts
Start Date For Period Covered By Report	01 April 2019
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2021
End Date For Period Covered By Report	31 March 2022

Otto Car Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Gurinder D.

Mohammed S.

People with significant control

Otto Group Holdings Limited

Gurinder D.

Accounts Documents

Company filings

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