Cleveland Models Limited

Cleveland Models Ltd, based in Middlesbrough, UK, is a small, active company founded fifteen years ago. With a single employee and £59,263 in assets, it’s a solo founder operation managed by two directors. The company operates an e-commerce site and enjoys a stellar 5.0 Google rating from 114 reviews. It regularly imports toys, games, and sports equipment, with the last import activity recorded four months ago.

The company’s website, Cleveland Models, is a specialist retailer of radio-controlled (RC) model cars and related accessories. It caters to hobbyists and enthusiasts, offering a wide range of electric and nitro models, kits, parts, and repair services. The site highlights over 30 years of experience in the RC model car industry, emphasizing both racing and sales expertise. It even offers a full repair service for Nitro and Electric RC model cars, a nice touch.

Financially, Cleveland Models Ltd shows a mixed picture. Current assets dipped by 5.1% to £59,000, while cash bank on hand decreased by 3.9% to £35,000. Creditors, however, fell by 14%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) helps it stay nimble, but the decrease in equity—down 77% to just £1,800—is a significant concern. Trade debtors also increased by 140%, which could be a sign of customers taking longer to pay. With no auditor mentioned, the figures are unaudited.

Overall, Cleveland Models Ltd appears to be a well-regarded specialist retailer, but the financial figures suggest it’s facing some challenges. Whether the company can sustain its growth and profitability remains to be seen.

Registered in England/Wales under the registration number 06958411, with a registered address at TS1 4AW, Middlesbrough, Unit 35-36 Forbes Building, 309-311 Linthorpe Road.

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