Berrybrook Motors Limited

Berrybrook Motors Ltd from Exeter UK: a small, active company established 23 years ago, employs 15 people, and holds assets valued at £1,054,669. With a real address and four directors, it’s a family-run business founded by a solo entrepreneur. The company regularly imports toys, games, and sports equipment (for 8 months), and exports vehicles, parts, and accessories (for 6 months), but not for trains or trams.

The company’s website, Berrybrook Morgan, is dedicated to the iconic British sports car brand, Morgan. It operates as a main dealer for Cornwall, Devon, Dorset, and Somerset, offering new and used Morgan vehicles, as well as storage services. Beyond sales, Berrybrook Morgan provides upgrades, accessories, and even sports car hire, catering to enthusiasts and collectors. The site also features a workshop for servicing and repairs, and a showroom for bespoke upgrades. It’s clear that Berrybrook Morgan isn’s just a dealership; it’s a hub for the Morgan community.

Financially, Berrybrook Motors Ltd presents a mixed picture. Cash reserves have increased dramatically, up 3200% to £290,000, which is a very positive sign. However, net assets have decreased by 8.4% to £590,000, and profit has fallen by nearly half, down 49% to £38,000. Bank borrowings have also increased significantly, by 130%, reaching £230,000—a possible indication of investment or increased operating costs. Creditors have also decreased, suggesting better debt management. The company meets the criteria for a small company, and the financial statements are unaudited.

Overall, Berrybrook Motors Ltd appears to be navigating a period of change. The strong cash position is encouraging, but the decline in profits and increased borrowing warrant close attention. It’s likely that the company is adapting to evolving market conditions and investing in its Morgan dealership—a business that clearly holds a special place in the hearts of many.

Registered in England/Wales under the registration number 04395830, with a registered address at EX6 8DN, Exeter, Devon, Old Dawlish Road, Exminster.

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