Specialist Cars Limited in Leicester, LE19 1ST

Description

Data updated on: 01-11-2023

The company named Specialist Cars was founded on 1989-08-23 as a Private Limited Company. The company's office could be gotten hold of in Leicester on 2 Penman Way, Grove Park. If you have to contact the company by mail, its post code is LE19 1ST. The company registration number for Specialist Cars Limited is 02416408. The company's declared SIC number is 45111 : Sale of new cars and light motor vehicles. December 31, 2022 is the last time company accounts were filed.

With three job advertisements since 2015/10/01, the enterprise has been relatively active on the job market. On 2016/01/27, it was searching for candidates for a full time Vehicle Technician position in Shrewsbury, and on 2015/11/30, for the vacant position of a full time Improver Mechanic in Shrewsbury.

There seems to be a team of two directors leading this particular company right now, namely Simon M. and Darren E. who have been executing the directors tasks since 2023-07-13.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2021-12-31
Currency

Balance Sheet
Cash Bank On Hand	3 130 560	3 626 847	1 532 174	613 083
Current Assets	27 997 086	32 392 035	30 751 367	29 734 505
Debtors	9 628 122	12 804 897	14 130 370	14 792 856
Net Assets Liabilities	12 598 254	13 133 205	13 474 863	15 132 386
Other Debtors	14 502	62 091	50 473	72 518
Property Plant Equipment	608 659	559 542	645 907	590 503
Total Inventories	15 238 404	15 960 291	15 088 823	14 328 566

Other Financial Data
Audit Fees Expenses	19 500	19 500	23 500	23 900
Taxation Compliance Services Fees	3 000	500	500	500
Director Remuneration	242 008	251 388	323 297	229 027
Accrued Liabilities Deferred Income	192 505	122 281	88 323	160 751
Accumulated Depreciation Impairment Property Plant Equipment	2 366 520	2 493 084	2 612 457	2 608 639
Additional Provisions Increase From New Provisions Recognised			30 628	19 132
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		-22 345
Administrative Expenses	2 162 327	2 458 282	2 499 119	2 544 452
Amounts Owed By Group Undertakings	4 630 807	7 672 995	10 193 066	10 274 169
Amounts Owed To Group Undertakings	335 710	529 640	512 291	658 164
Applicable Tax Rate	19	19	19	19
Average Number Employees During Period	173	173	159	133
Cash Cash Equivalents Cash Flow Value	3 130 560	3 626 847	1 532 174
Comprehensive Income Expense	536 326	534 951	1 341 658	1 657 523
Corporation Tax Payable			44 030	232 577
Corporation Tax Recoverable	73 696	73 938
Cost Sales	91 778 719	91 797 213	81 994 681	103 741 568
Creditors	15 965 956	19 799 182	17 872 593	15 123 672
Current Tax For Period			117 968	312 577
Deferred Tax Liabilities	41 535	19 190	49 818	68 950
Depreciation Amortisation Expense	142 356	150 114	135 061	131 334
Depreciation Expense Property Plant Equipment	142 357	150 113	135 062	131 335
Disposals Decrease In Depreciation Impairment Property Plant Equipment		23 549	15 689	135 153
Disposals Property Plant Equipment		28 482	15 689	135 154
Distribution Costs	4 429 403	4 143 734	3 767 888	4 135 562
Dividends Paid			1 000 000
Dividends Paid Classified As Financing Activities			-1 000 000
Dividends Paid On Shares			1 000 000
Dividends Paid On Shares Final			10
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	-3 506 184	2 848 259	2 537 420	-64 771
Further Item Interest Expense Component Total Interest Expense	147 412	208 260	173 759	138 689
Further Item Operating Income Component Total Other Operating Income		133 954	124 116	110 123
Future Minimum Lease Payments Under Non-cancellable Operating Leases	915 000	915 000	915 000	915 000
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-274 265	2 781 757	-2 388 455	-1 891 948
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	269 854	-1 089 620	1 120 810	-571 470
Gain Loss On Disposal Assets Income Statement Subtotal		5 362	1 400	7 333
Gain Loss On Disposals Property Plant Equipment		5 362	1 400	7 333
Government Grant Income			843 974	271 601
Gross Profit Loss	7 085 222	7 133 535	6 938 760	8 404 321
Income Taxes Paid Refund Classified As Operating Activities	-75 464	-242		-124 030
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	2 387 924	496 287	-2 094 673	-919 091
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	553 990	721 887	-871 468	-760 257
Increase From Depreciation Charge For Year Property Plant Equipment		150 113	135 062	131 335
Interest Expense On Bank Overdrafts		530	84
Interest Paid Classified As Operating Activities		-530	-84
Interest Payable Similar Charges Finance Costs	147 412	208 790	173 843	138 689
Merchandise	13 104 295	12 004 648	8 154 696	9 015 342
Net Cash Flows From Used In Financing Activities	-2 608 704	1 035 445	3 102 385	1 136 535
Net Cash Flows From Used In Investing Activities	225 455	39 711	195 772	46 708
Net Cash Flows From Used In Operating Activities	-4 675	-1 571 443	-1 203 484	-264 152
Net Cash Generated From Operations	-227 551	-1 780 475	-1 377 327	-526 871
Net Current Assets Liabilities	12 031 130	12 592 853	12 878 774	14 610 833
Net Interest Received Paid Classified As Investing Activities	-56 388	-55 923	-24 255	-21 890
Number Shares Issued Fully Paid		1	1	1
Operating Profit Loss	643 596	665 473	1 639 843	2 106 031
Other Creditors	444 112	455 190	463 568	929 264
Other Deferred Tax Expense Credit	16 246	-22 345	30 629	19 132
Other Interest Receivable Similar Income Finance Income	56 388	55 923	24 255	21 890
Other Operating Income Format1	150 104	133 954	968 090	381 724
Other Taxation Social Security Payable	273 334	254 916	242 693	332 973
Par Value Share		1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	82 556	154 246	152 382	157 401
Prepayments Accrued Income	527 529	247 085	315 422	367 275
Proceeds From Sales Property Plant Equipment		-10 295	-1 400	-7 334
Profit Loss	536 326	534 951	1 341 658	1 657 523
Profit Loss On Ordinary Activities Before Tax	552 572	512 606	1 490 255	1 989 232
Property Plant Equipment Gross Cost	2 975 179	3 052 626	3 258 364	3 199 142
Provisions	41 535	19 190	49 818	68 950
Provisions For Liabilities Balance Sheet Subtotal	41 535	19 190	49 818	68 950
Purchase Property Plant Equipment	-281 843	-105 929	-221 427	-75 932
Recoverable Value-added Tax	157 253
Social Security Costs	613 896	577 801	569 836	650 504
Staff Costs Employee Benefits Expense	6 061 615	6 294 567	6 009 163	6 611 723
Tax Expense Credit Applicable Tax Rate	104 989	97 395	283 148	377 954
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	30 983	41 005	30 234	-34 706
Tax Tax Credit On Profit Or Loss On Ordinary Activities	16 246	-22 345	148 597	331 709
Total Additions Including From Business Combinations Property Plant Equipment		105 929	221 427	75 932
Total Assets Less Current Liabilities	12 639 789	13 152 395	13 524 681	15 201 336
Total Operating Lease Payments	954 517	976 946	978 985	992 684
Trade Creditors Trade Payables	14 636 227	16 959 709	14 616 103	12 582 263
Trade Debtors Trade Receivables	3 208 959	4 688 687	3 511 158	4 008 730
Turnover Revenue	98 863 941	98 930 748	88 933 441	112 145 889
Wages Salaries	5 365 163	5 562 520	5 286 945	5 803 818

Company staff

Simon M.

Role: Director

Appointed: 13 July 2023

Latest update: 20 April 2024

Darren E.

Role: Director

Appointed: 01 April 2022

Latest update: 20 April 2024

Adam C.

Role: Director

Appointed: 01 April 2022

Resigned: 14 July 2023

Latest update: 20 April 2024

Julian B.

Role: Director

Appointed: 01 January 2011

Resigned: 01 April 2022

Latest update: 20 April 2024

Simon M.

Role: Director

Appointed: 02 January 2004

Resigned: 16 December 2009

Latest update: 20 April 2024

Clive J.

Role: Secretary

Appointed: 02 January 2004

Resigned: 01 April 2022

Latest update: 20 April 2024

Clive J.

Role: Director

Appointed: 02 January 2004

Resigned: 01 April 2022

Latest update: 20 April 2024

Clive F.

Role: Director

Appointed: 01 November 1991

Resigned: 01 April 2022

Latest update: 20 April 2024

Michael D.

Role: Director

Appointed: 01 November 1991

Resigned: 01 April 2022

Latest update: 20 April 2024

Henry Y.

Role: Director

Appointed: 23 August 1991

Resigned: 31 December 2003

Latest update: 20 April 2024

David F.

Role: Director

Appointed: 23 August 1991

Resigned: 05 February 2004

Latest update: 20 April 2024

People with significant control

The companies with significant control over this firm include: Specialist Cars Holdings Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Leicester at Penman Way, Enderby, LE19 1ST, Hertfordshire and was registered as a PSC under the reg no 06047694.

Specialist Cars Holdings Limited

Address: 2 Penman Way, Enderby, Leicester, Hertfordshire, LE19 1ST, England

Legal authority Companies Act 2006

Legal form Private Limited Company

Country registered United Kingdom

Place registered Companies House

Registration number 06047694

Notified on 10 January 2017

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Michael D.

Notified on 6 April 2016

Ceased on 1 January 2022

Nature of control:

1/2 or less of shares

Clive F.

Notified on 6 April 2016

Ceased on 1 January 2022

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	26 August 2024
Confirmation statement last made up date	12 August 2023

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 2021
End Date For Period Covered By Report	31 December 2021

Vehicle Technician in Shrewsbury, posted on Wednesday 27th January 2016
Region / City	Midlands, Shrewsbury
Industry	Sales and repair of motor vehicles
Salary	From £19760.00 to £24000.00 per year
Job type	full time
Career level	experienced (non-managerial)


Improver Mechanic in Shrewsbury, posted on Monday 30th November 2015
Region / City	Midlands, Shrewsbury
Industry	Automobile sales and repair services
Job type	full time
Career level	none
Education level	a CSE or its equivalent


Vehicle Technician in Shrewsbury, posted on Thursday 1st October 2015
Region / City	Midlands, Shrewsbury
Industry	Automobile repair and sales
Salary	From £17500.00 to £23000.00 per year
Job type	full time
Career level	experienced (non-managerial)
Education level	vocational qualifications (e.g. NVQ/SNVQ)
Contact by phone	01743 248123

Vehicle Technician in Shrewsbury, posted on Wednesday 27th January 2016

Region / City

Midlands, Shrewsbury

Industry

Sales and repair of motor vehicles

Salary

From £19760.00 to £24000.00 per year

Job type

full time

Career level

experienced (non-managerial)

Improver Mechanic in Shrewsbury, posted on Monday 30th November 2015

Region / City

Midlands, Shrewsbury

Industry

Automobile sales and repair services

Job type

full time

Career level

none

Education level

a CSE or its equivalent

Vehicle Technician in Shrewsbury, posted on Thursday 1st October 2015

Region / City

Midlands, Shrewsbury

Industry

Automobile repair and sales

Salary

From £17500.00 to £23000.00 per year

Job type

full time

Career level

experienced (non-managerial)

Education level

vocational qualifications (e.g. NVQ/SNVQ)

Contact by phone

01743 248123

Specialist Cars Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Simon M.

Darren E.

Adam C.

Julian B.

Simon M.

Clive J.

Clive J.

Clive F.

Michael D.

Henry Y.

David F.

People with significant control

Specialist Cars Holdings Limited

Michael D.

Clive F.

Accounts Documents

Jobs and Vacancies at Specialist Cars Ltd

Company filings

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