Discount Car Centre Limited

Discount Car Centre Ltd, based in Radcliffe, UK, is a small, active company with a solid 24-year history. Employing just three people, the business holds £1,511,786 in assets and boasts a perfect 5.0 Google rating from a whopping 319 reviews. It’s a solo-founded operation with two directors at the helm, and regularly imports vehicles, parts, and accessories – though activity has been irregular, with just one month of imports recorded as of January 2019.

The company’s website, while not providing extensive details, indicates a focus on the sale of used cars and light motor vehicles. It’s a straightforward operation, lacking the bells and whistles of a modern e-commerce platform.

Financially, Discount Car Centre Ltd presents a mixed picture. Current assets have decreased by 8.6% to £1,500,000, while net assets have fallen by 4.6% to £1,200,000. Cash reserves have increased by a substantial 63%, reaching £140,000 – a positive sign. However, creditors have decreased by 13%, suggesting better debt management. Trade debtors have disappeared completely, a significant shift. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity warrants attention. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Despite these fluctuations, Discount Car Centre Ltd seems to be holding its own. The strong Google rating suggests satisfied customers, and the increased cash reserves offer a buffer against potential challenges. The company’s long-standing presence in the market, coupled with its focus on used vehicles, points to a stable, if not spectacular, business model.

Registered in England/Wales under the registration number 04020763, with a registered address at M26 3WL, United Kingdom, Radcliffe, Greater Manchester, Moorgate Garage, Radcliffe Moor Road.

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