Specialist Cars Tring Limited in Leicester, LE19 1ST

Description

Data updated on: 01-11-2023

Specialist Cars Tring started its business in 2008 as a Private Limited Company under the ID 06572230. This particular firm has been active for sixteen years and the present status is active. The firm's head office is based in Leicester at 2 Penman Way. Anyone can also find this business utilizing the zip code of LE19 1ST. This company's classified under the NACE and SIC code 45200 which stands for Maintenance and repair of motor vehicles. The firm's most recent filed accounts documents were submitted for the period up to December 31, 2022 and the latest confirmation statement was filed on April 21, 2023.

The directors currently registered by this specific limited company are as follow: Simon M. appointed one year ago and Darren E. appointed in 2022.

The companies that control this firm are: 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 and was registered as a PSC under the registration number 06047694.

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	6 718	618	1 125 921	1 340 438
Current Assets	10 349 401	9 042 864	8 223 509	8 828 109
Debtors	1 926 191	2 129 217	1 608 043	1 871 328
Net Assets Liabilities		732 630	831 099	1 943 981
Other Debtors	9 761	13 778	11 442	53 955
Property Plant Equipment	642 706	591 547	559 668	479 797
Total Inventories	8 416 492	6 913 029	5 489 545	5 616 343

Other Financial Data
Audit Fees Expenses	11 250	11 250	12 250	13 150
Taxation Compliance Services Fees	4 250	500	500	500
Accrued Liabilities Deferred Income	60 561	35 849	59 148	37 977
Accumulated Depreciation Impairment Property Plant Equipment	619 145	723 605	538 215	615 504
Additional Provisions Increase From New Provisions Recognised			35 295	2 400
Administrative Expenses	1 077 904	994 676	953 624	976 517
Amounts Owed By Group Undertakings	354 339	353 311	475 714	690 639
Amounts Owed To Group Undertakings	450 000	550 000	2 050 000	1 850 000
Applicable Tax Rate	19	19	19	19
Average Number Employees During Period	80	83	77	68
Bank Borrowings Overdrafts	1 542 970	1 035 263
Bank Overdrafts	1 542 970	1 035 263
Cash Cash Equivalents Cash Flow Value	-1 536 252	-1 034 645	1 125 921
Comprehensive Income Expense	-344 616	56 907	98 469	1 112 882
Corporation Tax Payable				270 776
Corporation Tax Recoverable	1 368	1 368
Cost Sales	42 102 450	39 705 916	33 024 830	40 328 322
Creditors	10 316 384	8 901 781	7 916 783	7 326 230
Current Tax For Period	-1 368			270 776
Deferred Tax Liabilities			35 295	37 695
Depreciation Amortisation Expense	105 663	104 459	112 943	116 704
Depreciation Expense Property Plant Equipment	105 662	104 460	112 943	116 703
Disposals Decrease In Depreciation Impairment Property Plant Equipment			298 333	39 414
Disposals Property Plant Equipment			298 333	39 414
Distribution Costs	2 473 865	2 345 296	1 876 059	1 835 965
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	756 419	-101 029	-1 377 597	414 926
Further Item Interest Expense Component Total Interest Expense	103 827	153 472	108 573	75 765
Future Minimum Lease Payments Under Non-cancellable Operating Leases	335 000	382 737	382 737	382 737
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-114 602	-1 006 896	-1 449 735	-661 329
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	519 346	-249 915	642 209	-48 360
Government Grant Income			427 233	177 361
Gross Profit Loss	3 293 518	3 573 591	2 652 921	4 100 071
Income Taxes Paid Refund Classified As Operating Activities	-1 368		1 368
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-520 544	501 607	2 160 566	214 517
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	-145 245	-1 503 463	-1 423 484	126 798
Increase From Depreciation Charge For Year Property Plant Equipment		104 460	112 943	116 703
Interest Expense On Bank Overdrafts	20 545	23 240	8 134	3 127
Interest Paid Classified As Operating Activities	-20 545	-23 240	-8 134	-3 127
Interest Payable Similar Charges Finance Costs	124 372	176 712	116 707	78 892
Merchandise	7 390 416	6 524 990	3 980 258	4 584 316
Net Cash Flows From Used In Financing Activities	750 782	-146 890	-1 377 597	414 926
Net Cash Flows From Used In Investing Activities	41 423	53 301	81 064	36 832
Net Cash Flows From Used In Operating Activities	-271 661	-408 018	-864 033	-666 275
Net Cash Generated From Operations	-397 401	-584 730	-979 372	-745 167
Net Current Assets Liabilities	33 017	141 083	306 726	1 501 879
Number Shares Issued Fully Paid		100 000	100 000	100 000
Operating Profit Loss	-258 251	233 619	250 471	1 464 950
Other Creditors	77 445	75 542	66 749	81 999
Other Deferred Tax Expense Credit	-36 639		35 295	2 400
Other Operating Income Format1			427 233	177 361
Other Taxation Social Security Payable	83 921	84 724	78 708	92 700
Par Value Share		1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	47 513	66 562	65 700	62 820
Prepayments Accrued Income	195 690	162 400	51 750	191 681
Profit Loss	-344 616	56 907	98 469	1 112 882
Profit Loss On Ordinary Activities Before Tax	-382 623	56 907	133 764	1 386 058
Property Plant Equipment Gross Cost	1 261 851	1 315 152	1 097 883	1 095 301
Provisions			35 295	37 695
Provisions For Liabilities Balance Sheet Subtotal			35 295	37 695
Purchase Property Plant Equipment	-41 423	-53 301	-81 064	-36 832
Social Security Costs	267 096	278 516	251 290	247 044
Staff Costs Employee Benefits Expense	2 865 988	3 048 138	2 779 895	2 644 871
Tax Expense Credit Applicable Tax Rate	-72 698	10 812	25 415	263 351
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	20 616	18 947	21 467	22 200
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-38 007		35 295	273 176
Total Additions Including From Business Combinations Property Plant Equipment		53 301	81 064	36 832
Total Assets Less Current Liabilities	675 723	732 630	866 394	1 981 676
Total Operating Lease Payments	333 942	335 000	382 740	383 350
Trade Creditors Trade Payables	7 993 505	6 940 741	5 298 794	4 783 793
Trade Debtors Trade Receivables	1 319 172	1 598 360	1 069 137	935 053
Turnover Revenue	45 395 968	43 279 507	35 677 751	44 428 393
Wages Salaries	2 551 379	2 703 060	2 462 905	2 335 007