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PLATINUM CAR CLINIC LTD Financials

Company number
12653178Copy
Copy
Registered office
Advantage Business Centre, 132-134 Great Ancoats Street, Manchester M4 6DE
Incorporated
08/06/2020

Company snapshot

Status
Active
Employees
6 (2023)
Latest financial data
2023
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£117.24K2023
89.38%vs 2022

2022: £61.91K

Total Assets

£144.74K2023
60.94%vs 2022

2022: £89.93K

Total Liabilities

£27.51K2023
-1.86%vs 2022

2022: £28.03K

Employees

62023
+1vs 2022

2022: 5

In 2023, PLATINUM CAR CLINIC LTD reported net assets of £117.24K. The same filing shows total assets of £144.74K and total liabilities of £27.51K. Reported headcount was 6 in 2023. Net Assets rose from £61.91K in 2022 to £117.24K in 2023 (89.38%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£117.24K2023
89.38%from £61.91K in 2022

Year-on-year change

Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.

3-year financial trend (2021–2023)

How the figures PLATINUM CAR CLINIC LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£12.68K2021£117.24K2023
+825%vs 2021

+204% a year compound (CAGR)

Total Assets

£35.49K2021£144.74K2023
+308%vs 2021

+102% a year compound (CAGR)

Total Liabilities

£22.82K2021£27.51K2023
+20.6%vs 2021

+9.8% a year compound (CAGR)

Employees

8202162023
-25%vs 2021-2

Biggest increase

Net Assets+825%

£12.68K in 2021 to £117.24K in 2023

Biggest decrease

Employees-25%

8 in 2021 to 6 in 2023

PLATINUM CAR CLINIC LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PLATINUM CAR CLINIC LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
81.00%2023
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
19.00%2023
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for PLATINUM CAR CLINIC LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£12.68K61.91K117.24K
Total Assets£35.49K89.93K144.74K
Cash in Bank£–––
Total Liabilities£22.82K28.03K27.51K
Employees856

PLATINUM CAR CLINIC LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for PLATINUM CAR CLINIC LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.

PLATINUM CAR CLINIC LTD reported net assets of £117.24K for 2023. That compares with £61.91K in 2022, a change of 89.38%.

PLATINUM CAR CLINIC LTD reported total assets of £144.74K for 2023. That compares with £89.93K in 2022, a change of 60.94%.

PLATINUM CAR CLINIC LTD reported total liabilities of £27.51K for 2023. That compares with £28.03K in 2022, a change of -1.86%.

PLATINUM CAR CLINIC LTD reported 6 employees in 2023, compared with 5 in 2022.

Between 2021 and 2023, PLATINUM CAR CLINIC LTD's net assets rose by 825%, total assets rose by 308%, total liabilities rose by 20.6% and employee numbers fell by 25%. Net assets compounded at 204% a year across the two years to 2023, from £12.68K to £117.24K. Reported headcount went from 8 in 2021 to 6 in 2023 (-2).

Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.