Express Rent-A-Car Limited (02575578)

Company details

Type: Private Limited Company
Incorporated: 1991-01-21
Country of origin: United Kingdom

Accounts & filings

Accounts last filed: 2024-12-31 · TOTAL EXEMPTION FULL
Next accounts due: 2026-09-30 in 101 days
Confirmation statement: last made up 2026-04-05 · next due 2027-04-19

View full filing history at Companies House →

Registered office

2nd Floor
314 Regents Park Road
Finchley
London
N3 2jx

Peer comparison

Compared against 27 UK companies in SIC 77110 (Renting and leasing of cars and light motor vehicles) within the Medium bracket (£1M–£10M net assets).

Net assets Above typical

P25medianP75

This company: —
Turnover Above typical

P25medianP75

This company: —
Profit / loss Typical

P25medianP75

This company: —

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Based on this company's latest filed accounts (to Dec 2024) · Balance sheet only — small-company filing, no public profit & loss.

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Compares this company to 27 UK peers in Medium bracket, by net assets, turnover, profitability, and more.

Financial health

Derived from the filed accounts to Dec 2024. Figures only — not advice.

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Based on this company's latest filed accounts (to Dec 2024) · Balance sheet only — small-company filing, no public profit & loss.

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Ratios and signals derived from this company's filed Companies House figures only.

Accounts

Based on this company's latest filed accounts (to Dec 2024) · Balance sheet only — small-company filing, no public profit & loss.

Year ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Balance sheet
Fixed assets	£3,921,996 ↓3.5%	£4,063,550 ↑13.1%	£3,592,390 ↑51.1%	£2,377,178 ↓5.2%	£2,508,674
Current assets	£280,468 ↑87.4%	£149,626 ↑368.9%	£31,909 ↓70.7%	£108,802 ↓41.5%	£186,133
Cash	£267,960 ↑83.1%	£146,309 ↑399.4%	£29,298 ↓72.0%	£104,811 ↓43.3%	£184,912
Debtors	£12,508 ↑277.1%	£3,317 ↑27.0%	£2,611 ↓34.6%	£3,991 ↑226.9%	£1,221
Net current assets	£-1,067,143 ↑29.7%	£-1,518,756 ↓37.7%	£-1,103,241 ↓62.2%	£-680,117 ↑8.7%	£-744,772
Net assets	£2,048,031 ↑5.5%	£1,942,021 ↑15.5%	£1,681,596 ↑24.7%	£1,348,630 ↑3.5%	£1,303,183
Equity	£2,048,031 ↑5.5%	£1,942,021 ↑15.5%	£1,681,596 ↑24.7%	£1,348,630 ↑3.5%	£1,303,183
Other
Average employees	5 ↑66.7%	3 ↓25.0%	4 →0.0%	4 ↓33.3%	6

Source: filed iXBRL accounts at Companies House. P&L items are only published by medium and large companies; small companies file abridged or micro-entity accounts where the P&L is not public.

Industry (SIC codes)

77110 · Renting and leasing of cars and light motor vehicles

Officers (5)

Somani, Ashi · Director appointed 2000-09-06
Somani, Kishore Bhanubhai · Director appointed 1991-01-25
Somani, Shashikant Bhanubhai · Director appointed 1991-01-25 resigned 2010-12-09
Mbc Secretaries Limited · Corporate Nominee Secretary appointed 1991-01-21 resigned 1991-01-25
Mbc Nominees Limited · Corporate Nominee Director appointed 1991-01-21 resigned 1991-01-25

People with significant control (2)

Kishore Bhanubhai Somani Active

Individual Psc · British · resident in United Kingdom · born 9/1941 · notified 2017-04-01

Ownership of shares 25 to 50 percent
Ashi Somani Active

Individual Psc · British · resident in England · born 8/1969 · notified 2017-04-01

Ownership of shares 25 to 50 percent

Mortgages & charges (5)

1 outstanding · 4 satisfied

Floating charge over sub-hire agreements Satisfied

Held by Alphabet (GB) Limited

Created 2002-07-02 · satisfied 2022-08-12

First all sub-hiring agreements which may be entered into at any time by the company with its customers relating to goods now or in the future owned by the chargee but let by the chargee to the company under hire-purchase or conditional sale agreements made between them before on or after the date of this charge. See the mortgage charge document for full details.
Legal charge Outstanding

Held by National Westminster Bank PLC

Created 2001-10-25

The freehold property known as 53 camden high street, london NW1 0JH, t/no: NGL224505. By way of fixed charge the benefit of all covenants and rights concerning the property and plant machinery fixtures fittings furniture equipment implements and utensils the goodwill of any business carried on at the property and the proceeds of any insurance affecting the property or assets.
Charge Satisfied

Held by Mercedes-Benz Finance Limited

Created 1999-06-21 · satisfied 2024-05-15

Fixed and floating charges over all sub-lease agreements the benefit and advantage of the moneys payable under the sub-lease agreements, all guarantees and indemnities and the benefit of all insurance.
Credit agreement Satisfied

Held by Close Brothers Limited

Created 1992-03-03 · satisfied 2022-08-12

All its right title and interest in and to all sums payable under the policies of insurance as listed on the form 395.
Credit agreement Satisfied

Held by Close Brothers Limited

Created 1991-02-28 · satisfied 2022-08-12

All its right title and interest in and to all sums payable (see form 595 for details).

Recent filings (15)

2026-04-07 Confirmation statement (with updates) CS01 Confirmation statement
2025-09-30 Total-exemption-full accounts AA Accounts
2025-04-08 Confirmation statement (with updates) CS01 Confirmation statement
2024-08-23 Total-exemption-full accounts AA Accounts
2024-05-15 Mortgage satisfy charge full MR04 Mortgage
2024-04-05 Confirmation statement (with updates) CS01 Confirmation statement
2023-09-29 Total-exemption-full accounts AA Accounts
2023-04-12 Confirmation statement (with updates) CS01 Confirmation statement
2023-04-12 Change to a person with significant control PSC04 PSC
2023-04-12 Change to a person with significant control PSC04 PSC
2023-04-12 Director details changed CH01 Officers
2023-04-12 Director details changed CH01 Officers
2023-04-12 Secretary details changed CH03 Officers
2022-12-08 Total-exemption-full accounts AA Accounts
2022-10-07 Change registered office address company with date old address new address AD01 Address

Showing the 15 most recent filings. View full filing history at Companies House.