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Next accounts due

2026-07-30 (in 2mo)

Last filed for 2024-10-31

Confirmation statement due

2026-12-13 (in 7mo)

Last made up 2025-11-29

Watchouts

None on the register

Cash

£9M

+46% vs 2023

Net assets

£15M

+13.4% highest in 6 filed years

Employees

63

0% vs 2023

Profit before tax

£2M

+117.9% highest in 6 filed years

Name history

Renamed 2 times since incorporation

  1. AUTOMOTIVE GROUP (NEWCASTLE UPON TYNE) LIMITED 2006-06-22 → present
  2. TAXI CENTRE (NEWCASTLE UPON TYNE) LIMITED 1994-04-11 → 2006-06-22
  3. VERSELEASE LIMITED 1991-12-12 → 1994-04-11

Accounts

10-year trend · latest reflected 2024-10-31

Metric Trend 2019-10-312019-11-012020-10-312020-11-012021-10-312021-11-012022-10-312022-11-012023-10-312024-10-31
Turnover £17,096,246£14,552,260£18,812,077£14,664,850£15,950,593£20,663,414
Operating profit £1,304,851£1,643,506£1,322,690£672,492£1,082,306£2,357,240
Profit before tax £1,308,603£1,648,782£1,322,865£675,600£1,097,052£2,390,355
Net profit £1,054,063£1,325,189£1,145,914£569,734£877,839£1,781,799
Cash £7,214,624£7,214,624£7,924,915£7,924,915£10,115,226£10,115,226£10,134,517£6,041,489£8,818,416
Total assets less current liabilities £9,454,071£10,725,481£11,871,395£12,472,348£13,350,187£15,131,986
Net assets £9,450,292£10,725,481£11,871,395£12,441,129£13,318,968£15,100,767
Equity £9,450,292£10,725,481£10,725,481£11,871,395£11,871,395£12,441,129£12,441,129£13,318,968£15,100,767
Average employees 585758636363
Wages £1,442,204£1,377,127£1,569,192£1,691,348£1,859,002£1,887,864

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2019-10-312019-11-012020-10-312020-11-012021-10-312021-11-012022-10-312022-11-012023-10-312024-10-31
Operating margin 7.6%11.3%7.0%4.6%6.8%11.4%
Net margin 6.2%9.1%6.1%3.9%5.5%8.6%
Return on capital employed 13.8%15.3%11.1%5.4%8.1%15.6%
Gearing (liabilities / total assets) 13.0%16.2%
Current ratio 7.19x5.79x
Interest cover 208.78x1430.38x1797.13x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Ryecroft Glenton
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The company is fortunate to be in a strong financial position with healthy cash reserves and remains a very strong and profitable business with excellent credit ratings and continued profitable trading. The directors believe that the Company is well placed to manage it's business risks successfully and continue in existence for the foreseeable future.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 3 resigned

Name Role Appointed Born Nationality
HIND, Jon Secretary 2006-04-18 British
HIND, Jon Director 2006-04-18 Jul 1975 British
HIND, Philip Director 1992-02-26 Mar 1945 British
Show 3 resigned officers
Name Role Appointed Resigned
RUSSELL, Glynis Secretary 1992-02-26 2006-04-10
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 1991-12-12 1992-02-26
INSTANT COMPANIES LIMITED Corporate Nominee Director 1991-12-12 1992-02-26

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Hind Holdings (Newcastle Upon Tyne) Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2022-11-16 Active
Mr Jon Hind Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2022-11-16
Mr Philip Hind Individual Shares 50–75%, Voting 50–75%, Appoints directors 2016-04-06 Ceased 2022-11-16

Filing timeline

Last 20 of 104 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2022-11-28 RESOLUTIONS Resolution
Date Type Category Description
2025-12-18 AA accounts Accounts with accounts type full PDF
2025-12-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-08 AA accounts Accounts with accounts type full PDF
2023-11-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-25 AA accounts Accounts with accounts type full PDF
2023-01-19 AA accounts Accounts with accounts type full PDF
2022-11-29 CS01 confirmation-statement Confirmation statement with updates PDF
2022-11-28 SH02 capital Capital alter shares subdivision
2022-11-28 RESOLUTIONS resolution Resolution
2022-11-25 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2022-11-25 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2022-11-25 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2022-11-25 PSC04 persons-with-significant-control Change to a person with significant control PDF
2022-10-21 AA01 accounts Change account reference date company previous shortened PDF
2021-11-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-06-17 AA accounts Accounts with accounts type full PDF
2020-11-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-10-29 AA accounts Accounts with accounts type full PDF
2019-12-03 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-10-31 vs 2023-10-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page