CAR PLANET TRADING LIMITEDActive
Key figures
Ratios
2023/24Balance sheet structure
Dividends
from the accountsDividends paid in the financial year: £141,751 (12% of the profit for the year).
Filed accounts2022/23–2023/24
| 2022/23 | 2023/24 | |
|---|---|---|
| Turnover | — | 42,124,561 |
| Profit for the year | — | 1,171,384 |
| Cash at bank and in hand | — | 563,246 |
| Total assets | 3,884,191 | 9,170,872 |
| Total liabilities | 3,380,840 | 8,199,731 |
| Net assets / total equity | 589,572 | 1,569,465 |
| Average number of employees | 42 | 85 |
| Dividends paid | — | 141,751 |
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 during the year was sale of used vehicles, along with associated financing and value-added products. The directors present their directors' report and the audited financial statements for the year ended 31 July 2024. The Company operates from two sales sites located in Watford and Barnet, London. Employee involvement The board considers employees' interests when making decisions and welcomes their suggestions to enhance the company's performance. Health and safety The company is committed to maintaining a safe and healthy working environment for its employees and extending this responsibility to individuals affected by its activities. This includes compliance with the Environmental Protection Act and other relevant legislation. Each location is required to uphold the necessary organisation, procedures, and standards to implement this policy effectively. Results and dividends The profit for the year, after taxation, amounted to £1.5 million (2023/2022 - £602,097). Dividends paid during the year comprise an interim dividend in respect of the year ended 31 July 2024 of £141,750 (2023/2022: £22,500). Donations Charitable donations amounted to £6,933 (2023/2022: £nil). No donations were made to political parties (2023/2022: £nil) Post balance sheet events There have been no significant events affecting the Company since year end. Auditors RCI Audit and Assurance Services Ltd were appointed as auditor to the company and in accordance with secti
As described in the company's latest filed accounts.
Summary: CAR PLANET TRADING LIMITED
Company
CAR PLANET TRADING LIMITED is a private limited company registered with Companies House under company number 14029619. It was incorporated on 6 Apr 2022. Its status is active. The registered office is in Rickmansworth (WD3). Its nature of business (SIC 2007) is sale of used cars and light motor vehicles (45112).
Accounts
The latest accounts in the database are for 2023/24 (period ending 31 Jul 2024); the company files medium company accounts. Turnover was £42,124,561. Profit for the year was £1,171,384. Net assets were £1,569,465, up 166.2% on the previous year. Cash at bank and in hand was £563,246. Total assets were £9,170,872 and total liabilities £8,199,731. The company had an average of 85 employees. Figures are available for 2 financial years (2022/23–2023/24).
Control and charges
2 persons with significant control are registered. 1 of 3 registered charges are outstanding.
Filing deadlines
The next accounts are due by 30 Apr 2027. The next confirmation statement is due by 19 Apr 2027.