USED CAR SITES LIMITED
Company number 04546950 · Monitor this company
Executive summary
Used Car Sites Limited presents a mixed risk profile: the underlying business appears profitable with strong cash reserves and AA Group backing, but significant governance concerns exist around £513k of directors' advances with no disclosed repayment terms and £431k of annual management charges to a related party. The thin capitalisation (£100 share capital) and explicit going concern dependency on shareholder support create vulnerability for minority interests. Critically, the available financial data is over five years old, and the current position regarding inter-company balances and director advances must be verified before any commitment.
Shareholders' funds
£1,324,126
Balance sheet as at 2017-09-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2002-09-27
- Employees
- 38 (2017 accounts)
- Registered office
- Level 3, Plant, Basing View, Basingstoke, Hampshire, England, RG21 4HG
- Postcode
- RG21 4HG
- Capital
- 100 GBP
- Accounts category
- Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2026-01-31
- Next due by
- 2027-10-31
- Financial year end
- 31 January
Confirmation statement
- Last statement dated
- 2026-06-21
- Next due by
- 2027-07-05
Nature of business (SIC)
- 73110 Advertising agencies
Officers 4 current · 17 resigned
Group structure
Controlled by AA CORPORATION LIMITED — since 2018-03-01
From persons-with-significant-control filings on the public register.
Previous company names
| Name | Date changed |
|---|---|
| UK CAR SEARCH LIMITED | 2003-01-30 |
Previous registered addresses 5
| Address | Changed on |
|---|---|
| MILLERS HOUSE THE MALTINGS, ROYDON ROAD, STANSTEAD ABBOTS, HERTFORDSHIRE, SG12 8HN | 2018-03-13 |
| MILLERS HOUSE THE MALTINGS, ROYDON ROAD, STANSTEAD ABBOTS, HERTFORDSHIRE, SG12 8HN | 2011-02-24 |
| GROUND FLOOR MILLERS HOUSE, THE MALTINGS ROYDON ROAD, STANSTEAD ABBOTTS, HERTS, SG12 8HN | 2010-03-10 |
| 19 20 BOURNE COURT, SOUTHEND ROAD, WOODFORD GREEN, ESSEX IG8 8HD | 2006-04-27 |
| 19/20 BOURNE COURT, SOUTHEND, ROAD, WOODFORD GREEN, ESSEX, IG8 8HD | 2003-01-25 |
Among its peers
Top 5%
by shareholders' funds, of 212 similar companies in RG
Among the biggest employers among its local peers (38 staff).
Among the oldest 25% of its local peers, trading since 2002.
No.6 of the largest advertising agencies companies in Reading →
Competitors Reading
This company ranks 6 among advertising agencies in Reading.
The class of 2002
34%
of the 535 companies in this sector incorporated in 2002 are still active today; 63% have since been dissolved.
A fact about the year, not a forecast for this company.