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Paynes Garages Limited

Paynes Garages Limited is an active company incorporated on 17 September 1947 with the registered office located in Hinckley, Leicestershire. Paynes Garages Limited was registered 78 years ago.
Status
Active
Active since incorporation
Company No
00442329
Private limited company
Age
78 years
Incorporated 17 September 1947
Size
Medium
Turnover is under £54M
Under 250 employees
Confirmation
Submitted
Dated 31 October 2025 (10 days ago)
Next confirmation dated 31 October 2026
Due by 14 November 2026 (1 year remaining)
Last change occurred 8 years ago
Accounts
Submitted
For period 1 Jan31 Dec 2024 (1 year)
Accounts type is Full
Next accounts for period 31 December 2025
Due by 30 September 2026 (10 months remaining)
Address
Paynes Garages Ltd
Watling Street
Hinckley
LE10 3ED
England
Same address for the past 5 years
Telephone
01455237777
Email
Available in Endole App
People
Officers
6
Shareholders
1
Controllers (PSC)
1
Director • Secretary • Financial Director • English • Lives in England • Born in Oct 1945
Director • British • Lives in England • Born in Jul 1965
Director • British • Lives in UK • Born in Mar 1980
Director • British • Lives in England • Born in Oct 1952
Director • British • Lives in England • Born in Jun 1963
Shareholders, PSCs & Group Structure
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Mutual Companies
Paynes Vehicle Contracts Limited
Stuart Oliver Spalding, , and 3 more are mutual people.
Active
Paynes Garage(Holdings) Limited
Stuart Oliver Spalding, , and 3 more are mutual people.
Active
Walter E. Sturgess & Sons Limited
Mark Peter Croson is a mutual person.
Active
The Spital Bowling & Tennis Club Limited
Stuart Oliver Spalding is a mutual person.
Active
Brands
Tide
Tide is a video production company based in Edinburgh, Scotland, specialising in animation, filming, and motion graphics..
Paynes of Hinckley
Paynes of Hinckley is a family-owned Ford Main Dealer that has been operating since 1907.
Financials
Net Assets, Total Assets & Total Liabilities (2014–2024)
Period Ended
31 Dec 2024
For period 31 Dec31 Dec 2024
Traded for 12 months
Cash in Bank
£814K
Decreased by £716K (-47%)
Turnover
£47.99M
Increased by £8.05M (+20%)
Employees
112
Increased by 5 (+5%)
Total Assets
£11.19M
Increased by £2.12M (+23%)
Total Liabilities
-£7.64M
Increased by £1.9M (+33%)
Net Assets
£3.55M
Increased by £213K (+6%)
Debt Ratio (%)
68%
Increased by 5.04% (+8%)
Latest Activity
Confirmation Submitted
7 Days Ago on 3 Nov 2025
Full Accounts Submitted
5 Months Ago on 28 May 2025
Nigel Robert Payne Resigned
10 Months Ago on 31 Dec 2024
Confirmation Submitted
1 Year Ago on 1 Nov 2024
Stuart Oliver Spalding Resigned
1 Year 4 Months Ago on 1 Jul 2024
Stuart Oliver Spalding Resigned
1 Year 4 Months Ago on 1 Jul 2024
Mr Mark Peter Croson Appointed
1 Year 4 Months Ago on 1 Jul 2024
Full Accounts Submitted
1 Year 6 Months Ago on 13 May 2024
Confirmation Submitted
2 Years Ago on 2 Nov 2023
Full Accounts Submitted
2 Years 5 Months Ago on 22 May 2023
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Documents
Confirmation statement made on 31 October 2025 with no updates
Submitted on 3 Nov 2025
Termination of appointment of Nigel Robert Payne as a director on 31 December 2024
Submitted on 17 Sep 2025
Full accounts made up to 31 December 2024
Submitted on 28 May 2025
Confirmation statement made on 31 October 2024 with no updates
Submitted on 1 Nov 2024
Termination of appointment of Stuart Oliver Spalding as a director on 1 July 2024
Submitted on 3 Jul 2024
Termination of appointment of Stuart Oliver Spalding as a secretary on 1 July 2024
Submitted on 3 Jul 2024
Appointment of Mr Mark Peter Croson as a director on 1 July 2024
Submitted on 3 Jul 2024
Full accounts made up to 31 December 2023
Submitted on 13 May 2024
Confirmation statement made on 31 October 2023 with no updates
Submitted on 2 Nov 2023
Full accounts made up to 31 December 2022
Submitted on 22 May 2023
Repayment History
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