Victory Car Sales Limited in Leiston, IP16 4LL

Description

Data updated on: 01-11-2023

Victory Car Sales Limited is categorised as Private Limited Company, with headquarters in Unit A & D2 Eastlands Industrial Estate, Eastlands Road, Leiston. The company's located in IP16 4LL. This business has existed twenty one years in the UK. The business Companies House Reg No. is 04651326. This company's classified under the NACE and SIC code 45200: Maintenance and repair of motor vehicles. Victory Car Sales Ltd released its latest accounts for the financial period up to 2022-03-31. The business latest confirmation statement was released on 2023-01-19.

That limited company owes its well established position on the market and constant progress to a group of two directors, who are Jenny C. and Andy C., who have been guiding the company since 2003. To provide support to the directors, this specific limited company has been using the skills of Jenny C. as a secretary since 2003.

Executives who control the firm include: Andrew C. owns 1/2 or less of company shares. Jenny C. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-03-31	2016-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	74 698	105 798

Balance Sheet
Cash Bank On Hand			68 540	68 639	71 481	132 106	355	110 075
Current Assets	345 089	337 598	521 736	560 054	577 317	870 224	906 486	1 021 404
Debtors	68 952	38 580	54 664	68 736	145 086	170 120	295 520	273 716
Net Assets Liabilities			249 225	234 736	294 201	501 577	542 878	635 666
Other Debtors			13 309	6 068	56 806	15 521	6 868	6 803
Property Plant Equipment			30 194	42 577	38 650	36 472	81 798	147 382
Total Inventories			398 532	422 679	360 750	567 998	610 611
Cash Bank In Hand	49 529	7 433
Stocks Inventory	226 608	291 585
Tangible Fixed Assets	31 059	27 024

Capital & Reserves
Called Up Share Capital	8	8
Profit Loss Account Reserve	74 688	105 788
Shareholder Funds	74 698	105 798

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment			133 653	140 425	147 444	154 531	162 637	193 119
Additions Other Than Through Business Combinations Property Plant Equipment				19 155	4 142	6 559
Amounts Owed By Related Parties					17 883	85 913	127 131	102 243
Average Number Employees During Period				11	12	12	12	12
Bank Borrowings Overdrafts							10 591
Corporation Tax Payable			30 241	9 367	29 402	56 592
Creditors			17 175	45 498	44 707	29 967	103 188	147 028
Fixed Assets				42 577	38 750	36 572	81 898	147 482
Future Minimum Lease Payments Under Non-cancellable Operating Leases			65 000	45 500	56 833	34 833	12 833	108 875
Increase From Depreciation Charge For Year Property Plant Equipment				6 772	8 069	7 605	8 106	30 482
Investments Fixed Assets					100	100	100	100
Investments In Group Undertakings Participating Interests					100	100	100	100
Net Current Assets Liabilities	58 445	82 523	239 636	243 231	305 864	500 461	571 816	643 651
Other Creditors			17 175	45 498	44 707	29 967	103 188	147 028
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					1 050	518
Other Disposals Property Plant Equipment					1 050	1 650
Other Taxation Social Security Payable			15 425	15 158	16 003	63 080	57 474	65 924
Property Plant Equipment Gross Cost			163 847	183 002	186 094	191 003	244 435	340 501
Provisions For Liabilities Balance Sheet Subtotal			3 430	5 574	5 706	5 489	7 648	8 439
Total Additions Including From Business Combinations Property Plant Equipment							53 432	96 066
Total Assets Less Current Liabilities	89 504	109 547	269 830	285 808	344 614	537 033	653 714	791 133
Trade Creditors Trade Payables			143 494	208 578	99 046	179 135	109 445	148 675
Trade Debtors Trade Receivables			41 355	62 668	70 397	68 686	161 521	164 670
Capital Redemption Reserve	2	2
Creditors Due After One Year	11 910	1 303
Creditors Due Within One Year	286 644	255 075
Deferred Tax Liability	2 896	2 446
Net Assets Liability Excluding Pension Asset Liability	74 698	105 798
Number Shares Allotted		8
Par Value Share		1
Share Capital Allotted Called Up Paid	8	8
Tangible Fixed Assets Additions		3 346
Tangible Fixed Assets Cost Or Valuation	143 269	146 615
Tangible Fixed Assets Depreciation	112 210	119 591
Tangible Fixed Assets Depreciation Charged In Period		7 381