VIC YOUNG (SOUTH SHIELDS) LIMITEDActive
Key figures
VIC YOUNG (SOUTH SHIELDS) LIMITED does not disclose its turnover in its latest accounts; the profit for the year is as stated in the accounts.
Ratios
2023/24Balance sheet structure
Dividends
from the accountsDividends paid in the financial year: £132,000.
Filed accounts2022/23–2023/24
| 2022/23 | 2023/24 | |
|---|---|---|
| Profit for the year | 105,028 | -192,896 |
| Cash at bank and in hand | 417,715 | 565,489 |
| Total assets | 7,187,018 | 5,384,874 |
| Total liabilities | 2,768,204 | — |
| Net assets / total equity | 8,449,566 | 8,124,670 |
| Average number of employees | 66 | 1 |
| Average pay (per year) | 30,883 | 2,052,791 |
| Dividends paid | 132,000 | 132,000 |
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 2024The principal activity of the company continued to be that of
As described in the company's latest filed accounts.
Summary: VIC YOUNG (SOUTH SHIELDS) LIMITED
Company
VIC YOUNG (SOUTH SHIELDS) LIMITED is a private limited company registered with Companies House under company number 02270866. It was incorporated on 24 Jun 1988. Its status is active. The registered office is in Tyne & wear (NE34). Its nature of business (SIC 2007) is sale of new cars and light motor vehicles (45111).
Accounts
The latest accounts in the database are for 2023/24 (period ending 30 Nov 2024); the company files full accounts. Loss for the year was £192,896. Net assets were £8,124,670, down 3.8% on the previous year. Cash at bank and in hand was £565,489. The company had an average of 1 employee. Figures are available for 2 financial years (2022/23–2023/24).
Control and charges
2 persons with significant control are registered. 3 of 9 registered charges are outstanding.
Filing deadlines
The next accounts are due by 30 Nov 2026. The next confirmation statement is due by 3 Jun 2027.