B&h Cars Ltd

Bandh Cars Ltd from London UK: a small, active company founded 10 years ago, employs 14 people, and holds £1,022,037 in assets. It’s a real address, run by two directors and two owners, and operates an e-commerce site with a stellar 5.0 Google rating from 119 reviews. The company irregularly imports vehicles, parts, and accessories (excluding trains and trams), with the last import operation recorded one month ago.

Bandh Cars Ltd focuses on the sale of new and used cars and light motor vehicles. The company's website doesn’t offer much detail beyond its core business, but it does highlight a range of vehicles available. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Bandh Cars Ltd shows a mixed picture. Current assets have decreased by 21%, dropping to £1 million, while net assets have increased by 14% to £520,000. Bank borrowings have decreased by 35%, reaching £37,000, and cash reserves have fallen 68% to £97,000. Creditors have also decreased by 53%, suggesting improved debt management. Trade debtors have seen a significant drop of 39%, which could be a positive sign. The company’s small size allows for flexibility, but the decline in cash reserves warrants attention. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

The company’s directors are Strom Berish and Hochhauser Benjamin, and the owners are also Hochhauser Benjamin and Strom Berish. The accounts show a slight increase in average employees during the period, from 14 to 19. It’s a bit unclear how the company’s import activity relates to its core business, but the drop in cash reserves and the increased bank borrowings suggest a need for careful financial management.

Registered in England/Wales under the registration number 09384815, with a registered address at N15 4FB, England, London, 1 Shanklin Road.

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