M B Cars London Ltd

M B Cars London Ltd is a small, active company based in London, UK, with a real registered address at 229 Whittington Road. Founded seven years ago in December 2017, it employs four people and holds £427,002 in assets. The company is family-owned and managed by one director and two owners, with Singh Jasjit and Singh Bilbinder listed as owners. It operates in the sale of used cars and light motor vehicles industries.

The business is an irregular importer, primarily bringing in vehicles, parts, and accessories (excluding trains and trams). Its most recent import activity occurred just one month ago, in February 2024. While it has a website, there's no indication it operates as an e-commerce platform.

Financially, M B Cars London Ltd shows a mixed picture. Current assets have decreased slightly, falling from £440,000 to £430,000. Equity has also declined, dropping from £200,000 to £180,000. Cash reserves have decreased by 8% to £81,000. On a more positive note, creditors have decreased by 33%, suggesting improved debt management. The company’s size (meeting two of three criteria for being small) allows for flexibility, but the drop in equity is a point to watch. Plant and machinery increased by a whopping 780%, a significant jump.

The company is exempt from an audit as a small company, so the financial statements are unaudited. Overall, M B Cars London Ltd appears to be navigating a period of change, with some financial pressures evident.

Registered in England/Wales under the registration number 11120533, with a registered address at N22 8YW, United Kingdom, London, 229 Whittington Road.

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