CINCH CARS LIMITED
ActiveKey figures
† CINCH CARS LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.
Ratios
2024/25Sector comparison
SIC 45112Where the company stands among the 32,540 active companies whose first SIC code is 45112 (Sale of used cars and light motor vehicles).
- COPART UK LIMITED£254.5m
- UNIVERSAL SALVAGE LIMITED£219.1m
- TOM HARTLEY JNR LIMITED£79.3m
- BRITISH CAR AUCTIONS LIMITED£74.3m
- WE BUY ANY CAR LIMITED£64.3m
- WILSONS AUCTIONS LIMITED£49.4m
- CINCH CARS LIMITED£41.3m
- HALLIWELL JONES (WARRINGTON) LIMITED£37m
- BETCHTON LIMITED£35.6m
- RM AUCTIONS LIMITED£35.5m
Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 32,540. The line on each bar marks the median.
Summary: CINCH CARS LIMITED
What kind of company is it?
CINCH CARS LIMITED is a private limited company registered with Companies House under company number 11520330. It was incorporated on 16 Aug 2018. Its status is active. The registered office is in Hook (RG27). Its nature of business (SIC 2007) is sale of used cars and light motor vehicles (45112).
How is the company doing financially?
The latest accounts in the database are for 2024/25 (period ending 30 Mar 2025); the company files full accounts. Turnover was £1,011,226,000. Loss for the year was £86,251,000. Net assets were £41,327,000. Cash at bank and in hand was £26,168,000. Total assets were £249,573,000 and total liabilities £208,246,000. The company had an average of 546 employees.
How does it compare with similar companies?
Compared with 32,540 active companies whose first SIC code is 45112: By turnover it ranks higher than 97% of the 342 that publish turnover (median £108,557). By net assets it ranks higher than 99% of them (median £6,922). By total assets it ranks higher than 99% of them (median £62,696). By cash it ranks higher than 99% of them (median £18,706). By number of employees it ranks higher than 99% of them (median 1). It is older than 74% of them (median age 3.4 years).
What do public registers and reports show?
In its latest payment practices report it took an average of 14 days to pay suppliers, and 12% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 26.8% lower than for men.
Who runs and controls the company?
One person with significant control is registered.
When are its next filings due?
The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 15 Dec 2026.
Filed accounts2024/25
| 2024/25 † | |
|---|---|
| Turnover | 1,011,226,000 |
| Profit for the year | -86,251,000 |
| Cash at bank and in hand | 26,168,000 |
| Total assets | 249,573,000 |
| Total liabilities | 208,246,000 |
| Net assets / total equity | 41,327,000 |
| Average number of employees | 546 |
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.
Statutory reporting
- Average time taken to pay invoices
- 14 days
- Invoices not paid within agreed terms
- 12%
- Standard payment terms
- 1–60 days
- Member of a payment code
- No
- Within 30 days 96%
- 31 to 60 days 3%
- After 60 days 1%
Earlier periods (7)
- Period ending
- Days to pay
- Within 30 days
- Late
- 29 Mar 2026
- 12
- 99%
- 15%
- 29 Sep 2025
- 12
- 97%
- 12%
- 30 Mar 2025
- 14
- 97%
- 12%
- 30 Sep 2024
- 15
- 92%
- 16%
- 31 Mar 2024
- 7
- 98%
- 9%
- 1 Oct 2023
- 8
- 95%
- 11%
- 2 Apr 2023
- 8
- 94%
- 14%
- Median hourly pay
- women 26.8% lower
- Mean hourly pay
- women 9.2% lower
- Median bonus pay
- women 52.8% lower
- Employer size
- 250 to 499 employees
Earlier years (3)
- Year
- Median hourly pay
- Mean hourly pay
- 2024/25
- women 35.3% lower
- women 16.7% lower
- 2023/24
- women 22.4% lower
- women 17.5% lower
- 2022/23
- women 20.3% lower
- women 18.6% lower
A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service
Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.
History
8 events- Financial year 2024/25 endedAccounts: turnover £1bn, net assets £41.3m, 546 employees
- Constellation Retail Group Limited registered as a person with significant control
- Cinch Group Limited ceased to be a person with significant control
- Cinch Group Limited registered as a person with significant control
- Bca Central Limited ceased to be a person with significant control
- Name changed to CINCH CARS LIMITEDPreviously MYAUTO LIMITED
- Bca Central Limited registered as a person with significant control
- Company incorporatedPrivate limited company
Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.