OTTO CAR LIMITED
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Next accounts due
2026-03-31
Overdue
Confirmation statement due
2027-04-14 (in 11mo)
Last made up 2026-03-31
Watchouts
Cash
£12M
+29.9% highest in 4 filed years
Net assets
£15M
+21.9% highest in 4 filed years
Employees
77
+10% highest in 4 filed years
Profit before tax
£4M
-2% first positive since 2021
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-03-31.
Net assets
9-year trend · vs Technology median
Accounts
9-year trend · latest reflected 2024-03-31
| Metric | Trend | 2018-03-31 | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £17,457,005 | — | £30,522,250 | — | £43,683,888 | £51,236,730 | |
| Operating profit | — | — | — | £399,535 | — | £7,224,182 | — | £6,449,379 | £7,229,080 | |
| Profit before tax | — | — | — | -£859,712 | — | £5,586,993 | — | £3,654,928 | £3,580,673 | |
| Net profit | — | — | — | -£1,247,551 | — | £3,801,632 | — | £3,048,005 | £2,766,583 | |
| Cash | — | — | — | £11,048,696 | — | £10,344,335 | — | £9,407,160 | £12,224,167 | |
| Total assets less current liabilities | — | — | — | £28,432,191 | — | £43,898,203 | — | £54,167,849 | £63,387,804 | |
| Net assets | — | — | — | £5,816,641 | — | £9,568,274 | — | £12,616,279 | £15,382,862 | |
| Equity | £3,857,047 | £5,785,971 | £7,072,192 | £5,816,641 | £5,816,642 | £9,568,274 | £9,568,274 | £12,616,279 | £15,382,862 | |
| Average employees | — | — | — | 60 | — | 65 | — | 70 | 77 | |
| Wages | — | — | — | £1,586,619 | — | £1,932,452 | — | £2,407,844 | £2,836,391 |
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 | 2018-03-31 | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 2.3% | — | 23.7% | — | 14.8% | 14.1% | |
| Net margin | — | — | — | -7.1% | — | 12.5% | — | 7.0% | 5.4% | |
| Return on capital employed | — | — | — | 1.4% | — | 16.5% | — | 11.9% | 11.4% | |
| Interest cover | — | — | — | 0.32x | — | 4.38x | — | 2.25x | 1.79x |
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
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have concluded that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the company's ability to continue as a going concern.”
Significant events
- “A dividend of £900,000 was declared post year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DHILLON, Gurinder Singh | Director | 2013-04-09 | Feb 1968 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SYED, Mohammed Ali | Director | 2017-01-16 | 2017-01-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Otto Group Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-08-11 | Active |
| Mr Gurinder Singh Dhillon | Individual | Shares 75–100% | 2016-04-09 | Ceased 2022-08-11 |
Filing timeline
Last 20 of 76 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-03 | MA | incorporation | Memorandum articles | |
| 2026-04-03 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-23 | AA | accounts | Accounts with accounts type full | |
| 2024-11-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
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 2024-03-31 vs 2023-03-31
-
Turnover
+17.3%
£43,683,888 £51,236,730
highest in 4 filed years
-
Cash
+29.9%
£9,407,160 £12,224,167
highest in 4 filed years
-
Net assets
+21.9%
£12,616,279 £15,382,862
highest in 4 filed years
-
Employees
+10%
70 77
highest in 4 filed years
-
Operating profit
+12.1%
£6,449,379 £7,229,080
highest in 4 filed years
-
Profit before tax
-2%
£3,654,928 £3,580,673
first positive since 2021
-
Wages
+17.8%
£2,407,844 £2,836,391
highest in 4 filed years
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