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  4. Platinum Car Sales Ltd

Platinum Car Sales Ltd

ActiveTotal exemption (full) accountsMotor tradersMerthyr Tydfil
Company number
10120917
Incorporated
13 Apr 201610 years trading
Registered office
Unit 1B, Cyfarthfa Industrial Estate, Merthyr Tydfil, CF47 8PE
Nature of business
Sale of used cars and light motor vehicles; Retail sale in non-specialised stores with food, beverages or tobacco predominating; Financial intermediation not elsewhere classified
Accounts due in
138 days
28 Feb 2027
Net assets
£418K▲
+41.9% on the year before
Cash at bank
£88K▲
At 31 May 2025
Employees
5
Average during the year
From the Companies House register, 1 Oct 2026

Platinum Car Sales Ltd is a 10-year-old private limited company registered in Merthyr Tydfil, company number 10120917, one of 18 motor trade companies in Merthyr Tydfil. Its next accounts are due at Companies House on 28 February 2027, and the CT600 for the period to 31 May 2026 is due at HMRC on 31 May 2027.

Key dates

Worked out from the year end and filing history on the Companies House register.

Accounts due
28 Feb 2027
in 138 days
For the period to 31 May 2026
CT600 due
31 May 2027
in 230 days
Period 1 Jun 2025 to 31 May 2026
Corporation tax payment
1 Mar 2027
in 139 days
9 months and 1 day after the period end
Confirmation statement
30 Dec 2026
in 78 days
Last made up to 16 Dec 2025

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Finances

From each year's balance sheet filed at Companies House. Small companies do not have to publish turnover or profit, so these are balance sheet figures.

  • Net assets up £123K (+41.9%) on the year before, to £418K.
  • Net assets rose in 7 of 8 year-on-year comparisons on record.
  • Current assets of £402K against £314K owed within a year: 1.3 times cover.
  • 5 employees on average during the year.
  • Balance sheets on record for 9 years, 2017 to 2025.

Net assets by year

Net assets at each year end, 2017 to 2025£0£200K£400K30 April 2017: net assets -£18K-£18K201731 May 2018: net assets £15K£15K201831 May 2019: net assets £15K£15K201931 May 2020: net assets £256K£256K202031 May 2021: net assets £299K£299K202131 May 2022: net assets £243K£243K202231 May 2023: net assets £267K£267K202331 May 2024: net assets £295K£295K202431 May 2025: net assets £418K£418K2025
Net assets at each year end, 2017 to 2025£0£200K£400K30 April 2017: net assets -£18K-£18K'1731 May 2018: net assets £15K£15K'1831 May 2019: net assets £15K£15K'1931 May 2020: net assets £256K£256K'2031 May 2021: net assets £299K£299K'2131 May 2022: net assets £243K£243K'2231 May 2023: net assets £267K£267K'2331 May 2024: net assets £295K£295K'2431 May 2025: net assets £418K£418K'25
Year endNet assetsCashCurrent assetsOwed within a yearEmployees
31 May 2025£418K£88K£402K£314K5
31 May 2024£295K£38K£832K£250K5
31 May 2023£267K£61K£893K£659K3
31 May 2022£243K£20K£670K£669K3
31 May 2021£299K£550K£363K0
31 May 2020£256K£78K0
31 May 2019£15K£0£78K£21K1
31 May 2018£15K£143K£38K
30 Apr 2017-£18K£91K£109K

Who runs and owns Platinum Car Sales Ltd

From the Companies House register. Individuals are shown by initials only; the full register is on Companies House.

Officer

NameRoleAppointed
W*** M***DirectorApr 2016

Person with significant control

Individual · since Apr 2016
W*** M***
Owns 75% or more of the shares

Charges (secured borrowing)

All 3 registered charges have been satisfied. A charge is security a lender takes over a company's assets, typically for a loan, mortgage or asset finance.

LenderStatusRegistered
Kennet Equipment Leasing LtdSatisfied May 2024May 2022
Spf Bridging LtdSatisfied Sep 2020Mar 2020
Spf Bridging LtdSatisfied Sep 2020Mar 2020

Where Platinum Car Sales Ltd is registered

Platinum Car Sales Ltd's registered office on a map of the UK

The registered office is in Merthyr Tydfil (CF47), in the Merthyr Tydfil local authority area, Wales. Show CF47 8PE on a map.

Other trade companies in CF47

Also registered at this address

1 other company uses the same registered office as Platinum Car Sales Ltd.

What happens if Platinum Car Sales Ltd files late

Companies House charges an automatic penalty the day after the deadline, and it rises the longer the accounts are late. These are the dates for this company's accounts due on 28 February 2027.

Companies HouseAccounts deliveredPenalty
Up to 1 month late1 Mar 2027 to 31 Mar 2027£150
1 to 3 months late1 Apr 2027 to 31 May 2027£375
3 to 6 months late1 Jun 2027 to 31 Aug 2027£750
More than 6 months lateFrom 1 Sep 2027£1,500

Penalties double if the accounts were also late the year before.

HMRC (CT600)FromPenalty
1 day late1 Jun 2027£200
3 months late31 Aug 2027another £200
6 months late30 Nov 2027HMRC estimates the tax and adds 10% of the unpaid tax
12 months late31 May 2028another 10% of any unpaid tax

For returns filed on or after 1 April 2026. Late three times in a row and the £200 penalties become £1,000 each.

Company details

As held on the Companies House register.

Company number
10120917
Status
Active
Company type
Private limited company
Incorporated
13 April 2016 (10 years ago)
Registered office
Unit 1B, Cyfarthfa Industrial Estate, Merthyr Tydfil, CF47 8PE
Nature of business
Sale of used cars and light motor vehicles (SIC 45112)
Retail sale in non-specialised stores with food, beverages or tobacco predominating (SIC 47110)
Financial intermediation not elsewhere classified (SIC 64999)
Year end
31 May (accounting reference date)
Accounts type
Total exemption (full)
Last accounts made up to
31 May 2025
Last confirmation statement
16 December 2025
Charges (mortgages)
0 outstanding of 3 registered

Filing notes for motor trade companies

Motor trade companies hold vehicle stock, and how that stock is valued at the year end moves the profit directly. Some use the VAT margin scheme.

Similar companies in Merthyr Tydfil

Other active motor trade companies registered in Merthyr Tydfil.

All motor trade companies in Merthyr Tydfil · All trades in Merthyr Tydfil · Motor traders across the UK

Frequently asked questions

When are Platinum Car Sales Ltd's accounts due?

Platinum Car Sales Ltd's next accounts are due at Companies House by 28 February 2027 (in 138 days), covering the period to 31 May 2026.

When is Platinum Car Sales Ltd's CT600 due?

The CT600 for the period to 31 May 2026 is due at HMRC by 31 May 2027, 12 months after the period end. The corporation tax itself is payable earlier, by 1 March 2027.

Is Platinum Car Sales Ltd still trading?

Platinum Car Sales Ltd is listed as active on the Companies House register as of 1 Oct 2026. Active means it has not been dissolved or entered insolvency; it does not show whether it is currently taking on work.

What does Platinum Car Sales Ltd do?

Platinum Car Sales Ltd is registered under Sale of used cars and light motor vehicles (SIC 45112); Retail sale in non-specialised stores with food, beverages or tobacco predominating (SIC 47110); Financial intermediation not elsewhere classified (SIC 64999).

How old is Platinum Car Sales Ltd?

Platinum Car Sales Ltd was incorporated on 13 April 2016, 10 years ago.

Who runs Platinum Car Sales Ltd?

Platinum Car Sales Ltd has 1 active director, the longest-serving appointed in Apr 2016. Their names and service addresses are on the Companies House register.

Who owns Platinum Car Sales Ltd?

One person or company has significant control of Platinum Car Sales Ltd: an individual (owns 75% or more of the shares).

What is the penalty if Platinum Car Sales Ltd files its accounts late?

Companies House charges £150 if the accounts are up to 1 month late, £375 up to 3 months, £750 up to 6 months and £1,500 after that, doubled if the previous year's accounts were also late. HMRC charges £200 for a CT600 filed a day late and another £200 at 3 months.

Official records

View Platinum Car Sales Ltd on Companies House for filed documents, officers and the full history.

Report an error on this page

Based on the Companies House register (snapshot 1 Oct 2026). Deadlines are worked out from the register and assume a standard accounting period; a change of year end or a short period moves them. This page is general information, not tax or accountancy advice.

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