0260 Cars Ltd

0260 Cars Ltd, based in Crowborough, UK, is a small, active company established fourteen years ago. With five employees and £313,583 in assets, it operates from a real address and is overseen by one director and owner. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating from 159 reviews. It’s an irregular importer of vehicles, parts, and accessories (excluding trains and trams), with its last import activity recorded one month ago.

The company's core business revolves around the sale of both new and used cars and light motor vehicles. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. Its website is minimal, focusing on contact information and a brief description of its services.

Financially, 0260 Cars Ltd presents a mixed picture. Cash reserves have seen a significant boost, increasing by 400% to £52,000. However, net assets have surged by 16,000%, reaching £57,000—a dramatic turnaround from a previous loss. Trade debtors have decreased by 45%, suggesting improved collection efforts, while creditors have also fallen, by 15%. Borrowings have increased by 110%, reaching £51,000. The company’s equity has seen a massive increase, by 16,000%, from a previous loss. Despite these changes, the company remains exempt from an audit as a small company.

The significant increase in equity, coupled with the improved cash position, suggests a period of positive change for 0260 Cars Ltd. Whether this momentum can be sustained remains to be seen, but the company appears to be navigating its business effectively.

Registered in England/Wales under the registration number 07594425, with a registered address at TN6 2GZ, England, Crowborough, East Sussex, Unit 3 Crowborough Business Park, Park Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.