Chelmsford City Motorcycles Ltd

Chelmsford City Motorcycles Ltd, based in Maldon, UK, is a small, active company established 11 years ago. With five employees and £364,629 in assets, it’s a family business boasting a stellar 5.0 Google rating from 109 reviews. The company operates in the sale, maintenance, and repair of motorcycles and related parts and accessories, and occasionally imports clothing and accessories—though only for a short period, with the last import operation occurring in May 2023.

The company’s website highlights its long history, dating back to 1948, and its transition from a Honda dealer to a Suzuki dealer in 2015. It offers a range of new and used Suzuki motorcycles, parts, and accessories, and provides workshop services, including repairs and servicing. The website also features a used bike finder tool and a training section. It's clear that Chelmsford City Motorcycles Ltd is a well-established local business with a strong online presence.

Financially, the company’s recent performance presents a mixed picture. Cash bank on hand decreased significantly by 46%, dropping to £91,000, while trade debtors increased substantially by 83%, reaching £43,000. Although creditors saw a 22% decrease to £74,000, the net assets have declined by 8.7% to -£79,000. The company’s small size (meeting two of three conditions for being classified as small) allows for flexibility, but the decrease in equity is a cause for concern. It’s worth noting that the company’s financial statements are unaudited, and there’s no mention of an auditor. The directors, Mr. and Mrs. Bonney, appear to be navigating a challenging financial landscape, relying on credit facilities to keep the business running.

Registered in England/Wales under the registration number 08904106, with a registered address at CM9 4GD, England, Maldon, Essex, Office 12 Bentalls Centre, Colchester Road, Heybridge.

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