KINTO UK LIMITEDActive
Key figures
Ratios
2021/22Balance sheet structure
Filed accounts2021/22
| 2021/22 | |
|---|---|
| Turnover | 125,811 |
| Cash at bank and in hand | 50,433 |
| Total assets | 514,981 |
| Total liabilities | 442,319 |
| Net assets / total equity | 25,619 |
| Average number of employees | 214 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Principal activity
Accounts 2022The principal activity of the Company is the provision of contract hire and contract purchase arrangements for motor vehicles and fleet management services in the United Kingdom, and the disposal of contract hire vehicles on termination of contract.Within the provision of contract hire vehicles the Company acts as an agent for third party funders for both rental and disposal of vehicles, as well as being the principal provider.Following its acquisition by the Toyota Motor Corporation in 2019, the Company changed its funding model and no longer utilises third party funders for vehicles supplied to customers under Master Lease Agreements (for agreements entered into from 1 January 2020). The Company is the primary lessor (thus takes full credit risk),carries the vehicles as assets on the balance sheet and funds primarily through Toyota Group loans. Agreements entered into before 1 January 2020 were on the previous funding model of using agency funding (where the funder takes the credit risk) and this portfolio is in run-off (average agreement length is 3 years).The Company also offers a product called KINTO ONE which is fully maintained contract hire aimed at smaller businesses and individuals.
As described in the company's latest filed accounts.
Summary: KINTO UK LIMITED
Company
KINTO UK LIMITED is a private limited company registered with Companies House under company number 00837940. It was incorporated on 17 Feb 1965. Its status is active. The registered office is in Portsmouth (PO6). Its nature of business (SIC 2007) is sale of new cars and light motor vehicles (45111), sale of used cars and light motor vehicles (45112), renting and leasing of cars and light motor vehicles (77110).
Accounts
The latest accounts in the database are for 2021/22 (period ending 31 Mar 2022); the company files full accounts. Turnover was £125,811. Net assets were £25,619. Cash at bank and in hand was £50,433. Total assets were £514,981 and total liabilities £442,319. The company had an average of 214 employees.
Control and charges
One person with significant control is registered.
Filing deadlines
The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 18 Jun 2027.