Servicing Stop Limited in Enfield, EN2 6DU

Website

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www.servicingstop.co.uk

Description

Data updated on: 01-11-2023

Servicing Stop Ltd was founded by Oliver and Toby Richmond in 2009. Their aim was to give the UK public a better professional car service experience, with special attention paid to customer service and cost. The company now has 1500+ garages on their network and continues to grow. Servicing Stop is widely regarded as the UK’s most convenient car service provider. This is due to a unique feature that includes free collection and delivery of the customer’s car, before and after the service, to any convenient location they choose. All services conducted by Servicing Stop include 12-month parts and labour guarantees, offering unrivalled peace of mind.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-08-31	2012-08-31	2013-08-31	2014-08-31	2015-08-31	2016-11-30	2020-11-29	2021-11-28	2022-11-27	2023-11-26
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	81 109	-111 859	-86 059	200 821	235 452	-277 395

Balance Sheet
Cash Bank In Hand	282 090	278 065	394 641	645 002	876 380	1 224 740
Current Assets	400 145	423 236	586 756	767 851	1 030 557	1 645 921	3 301 589	3 358 462	2 844 854	3 183 988
Debtors	118 055	145 171	192 115	122 849	154 177	421 181	1 207 787	2 203 926	1 861 089	1 820 110
Intangible Fixed Assets					189 552	378 703
Cash Bank On Hand							2 093 802	1 154 536	983 765	1 363 878
Net Assets Liabilities							1 176 846	231 938	283 041	1 149 708
Other Debtors							713 105	2 171 766	1 724 249	1 702 151
Property Plant Equipment							68 009	24 890	27 992	34 476
Tangible Fixed Assets	19 038	16 854	15 381	14 670	18 042	34 405

Capital & Reserves
Called Up Share Capital	200	200	200	200	200	200
Profit Loss Account Reserve	-118 991	-311 959	-286 159	721	35 352	-477 495
Shareholder Funds	81 109	-111 859	-86 059	200 821	235 452	-277 395

Other Financial Data
Audit Fees Expenses								25 000	24 002	26 250
Creditors Due Within One Year	338 074	551 949	688 196	581 700	1 002 699	2 336 424
Fixed Assets				14 670	207 594	413 108	978 409	937 912	1 180 396	1 321 773
Intangible Fixed Assets Additions					189 552	353 296
Intangible Fixed Assets Aggregate Amortisation Impairment					37 910	164 145
Intangible Fixed Assets Amortisation Charged In Period						126 235
Intangible Fixed Assets Cost Or Valuation					189 552	542 848
Net Assets Liability Excluding Pension Asset Liability					115 078	-277 395
Net Current Assets Liabilities	62 071	-128 713	-101 440	186 151	27 858	-690 503	235 937	-669 097	-870 731	-156 765
Number Shares Allotted		98	98	98	98	98
Accumulated Amortisation Impairment Intangible Assets							746 280	1 004 676	1 165 693	1 360 106
Accumulated Depreciation Impairment Property Plant Equipment							77 015	22 061	26 691	31 552
Average Number Employees During Period							36	33	38	44
Bank Borrowings Overdrafts							37 500	36 877	26 624	15 300
Corporation Tax Payable							122 197	404 252	381 650	51 719
Creditors							37 500	36 877	26 624	15 300
Deferred Tax Asset Debtors									104 327	81 205
Future Minimum Lease Payments Under Non-cancellable Operating Leases							1 189 478	1 024 980	834 785	689 605
Increase From Amortisation Charge For Year Intangible Assets								258 396	161 017	194 413
Increase From Depreciation Charge For Year Property Plant Equipment								6 202	4 630	6 611
Intangible Assets							910 400	913 022	1 152 404	1 287 297
Intangible Assets Gross Cost							1 656 680	1 917 698	2 318 097	2 647 403
Other Creditors							241 772	623 100	995 442	793 178
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment								61 156		1 750
Other Disposals Property Plant Equipment								98 073		1 750
Other Taxation Social Security Payable							1 486 302	1 491 045	321 223	510 683
Profit Loss							1 961 428	255 092	701 103
Property Plant Equipment Gross Cost							145 024	46 951	54 683	66 028
Total Additions Including From Business Combinations Property Plant Equipment									7 732	13 095
Total Assets Less Current Liabilities	81 109	-111 859	-86 059	200 821	235 452		1 214 346	268 815	309 665	1 165 008
Trade Creditors Trade Payables							1 202 881	1 500 206	2 008 061	1 974 640
Trade Debtors Trade Receivables							494 682	32 160	32 513	36 754
Par Value Share		1	1	1	1	1
Share Capital Allotted Called Up Paid	98	98	98	98	98	98
Share Premium Account	199 900	199 900	199 900	199 900	199 900	199 900
Tangible Fixed Assets Additions		790	1 812	2 957	7 883	27 832
Tangible Fixed Assets Cost Or Valuation	27 266	28 056	29 868	32 825	40 708	68 540
Tangible Fixed Assets Depreciation	8 228	11 202	14 487	18 155	22 666	34 135
Tangible Fixed Assets Depreciation Charged In Period		2 974	3 285	3 668	4 511	11 469