Ahsan Scooters Streatham Limited

Ahsan Scooters Streatham Ltd, based in Morden, UK, is a small, active company established eleven years ago. With four employees and £210,365 in assets, it’s a modest operation overseen by two directors and a single owner. Boasting a solid 4.0 Google rating from 141 reviews, the company regularly imports vehicles, parts, and accessories—though import activity has slowed to just three months, with the last recorded in 2018.

The company’s website highlights its specialization in motorcycles and scooters, positioning itself as a "go to" specialist in London. It operates showrooms and a workshop, dealing in a wide range of brands including Lexmoto, Sym, and Peugeot, and even offering restoration services. The site also emphasizes new and used sales, special offers, and expert repairs, indicating a focus on customer service and a diverse product range.

Financially, Ahsan Scooters Streatham Ltd presents a mixed picture. Current assets have fallen by a significant 28%, dropping to £210,000, while net assets have plummeted 99% to -£80,000—a worrying trend. Bank borrowings remain steady at £42,000, but cash reserves have fallen 30% to £6,800. Creditors have also remained consistent at £250,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

Overall, Ahsan Scooters Streatham Ltd appears to be navigating a challenging period. While its website and Google reviews suggest a strong customer base, the significant decline in net assets and cash reserves indicates potential financial strain. It’s possible the company is investing heavily in inventory or expansion, but the trend warrants careful monitoring.

Registered in England/Wales under the registration number 08889128, with a registered address at SM4 6ET, Morden, 14 Ravensbury Avenue.

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