Cinque Ports Mobility Limited

Cinque Ports Mobility Ltd from Ashford UK is a small, active company founded 27 years ago in 1998. It employs eight people and holds £293,972 in assets, operating from a virtual address shared by 159 other companies. The business is a family affair, run by three directors and three owners, and features an e-commerce site. It’s an irregular importer of vehicles, parts, and accessories (excluding trains and trams), with the last import activity recorded one month ago in July 2022.

The company specializes in mobility equipment, offering scooters, powerchairs, wheelchairs, and related products. Its website showcases a wide range of options, including pre-loved items and products under the Motability Scheme. It also provides services like pressure management chairs, rise recliners, and stairlifts. Notably, it highlights the Quantum Outback, a rugged all-terrain powerchair, and emphasizes partnerships with trusted brands. The company even offers custom-made pressure management chairs and has a showroom in Ashford.

Financially, Cinque Ports Mobility Ltd has seen some shifts. Current assets decreased by 13% to £290,000, while net assets dropped 23% to £130,000. Bank borrowings remain steady at £6,000, but cash reserves fell 47% to £61,000. Creditors increased by 54% to £340,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the equity decline suggests a need for careful financial management. The company is exempt from an audit, so the figures are unaudited.

The company’s focus on providing mobility solutions and its family-run nature are strengths, but the financial trends indicate a need to monitor cash flow and manage debt.

Registered in England/Wales under the registration number 03502394, with a registered address at TN23 1FB, England, Ashford, Kent, 5th Floor Ashford Commercial Quarter, 1 Dover Place.

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