PAYNES GARAGES LIMITED

Company TypePrivate Limited
Company Number00442329
Incorporated1947-09-17
IndustrySale of new cars and light motor vehicles
Phone Number01455 237715

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Summary

PAYNES GARAGES LIMITED was formed on the 17th September 1947 (filed on the 9th August 2017) , and are based in Watling Street,, Hinckley. Companies house classifies them as Full Accounts. This information was last updated on the 1st January 2018.

In 2016, they made a post-tax profit of £682,885 on a turnover of £46,176,626 (up 48% from 2015) .

There is 1 major shareholder listed for PAYNES GARAGES LIMITED with Paynes Garage (Holdings) Limited owning the most shares by value.

Addresses

Registered address

Watlingstreet,
Hinckley,
Leicestershire.

Trading address

Watling Street,
Hinckley
LE10 3ED

Financials

31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Cash £399,537 £7,584 £164,566 £5,793 £5,724
Tangible net worth £3,706,208 £3,052,035 £2,762,253 £2,652,297 £2,541,796
Current liabilities £10,679,636 £7,704,371 £3,931,841 £7,844,521 £7,667,395
Current assets £12,352,944 £8,999,323 £4,991,788 £8,729,629 £8,391,125
31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Solvency ratios
Current ratio 1.16 1.17 1.27 1.11 1.09
Efficiency ratios
Return on assets 0.05 0.04 0.02 0.01 0.01
Return on capital employed 0.15 0.15 0.04 0.05 0.03
Gearing ratios
Debt to equity ratio 147.06 110.19 54.69 105.53 103.43
Equity ratio 0.01 0.01 0.01 0.01 0.01
Debt ratio 0.01 0.03 0.02 0.00 0.01
Other ratios
Debtor days - - - - -
Interest cover 3.98 6.61 3.30 1.43 1.15

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