Discount Mg Rover Spares Limited
- Small
- Active
- 5 years
- 3 employees
- £229,548 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Solo founder
- E-commerce
- Rating 5.0 (29)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Discount Mg Rover Spares Ltd, based in Southampton, UK, is a small, active company founded five years ago. With three employees and £229,548 in assets, it operates as a solo-founded e-commerce site with a stellar 5.0 Google rating from 29 reviews. The company regularly imports vehicles, parts, and accessories—a consistent 29-month activity—with the latest shipment arriving in August 2024.
The company's website showcases a wide range of Rover and MG parts, from gaskets and suspension components to internal engine parts. It's a specialist retailer, catering to enthusiasts and mechanics alike. The site is well-organized, with clear product categories, detailed descriptions, and competitive pricing. It even includes helpful guides and blog posts, demonstrating a commitment to customer support.
Financially, Discount Mg Rover Spares Ltd presents a mixed picture. While current assets increased by 29% to £230,000, net assets also jumped by 46% to £230,000. However, creditors decreased by 37% to £120,000, suggesting improved debt management. Bank borrowings also fell, which is good. The company’s small size—meeting two of three criteria for being small—helps it remain flexible. The company’s turnover is under £10.2m, assets are under £5.1m, and it has fewer than 50 employees. With no auditor mentioned—likely exempt as a small company—the figures rely on unaudited statements.
Overall, Discount Mg Rover Spares Ltd seems to be doing well, but the slight decrease in cash reserves is something to keep an eye on. It's a niche business with a loyal customer base, and its online presence is strong—but the long-term sustainability depends on maintaining its competitive edge and managing its finances carefully.
Registered in England/Wales under the registration number 12149644, with a registered address at SO45 2AR, England, Southampton, Hampshire, 25 Glenmore Business Park, Holbury.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
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Total exemption full accounts made up to 2024-07-31Download 13 pages pdf report
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Confirmation statement made on 2024-08-08 with updatesDownload 4 pages pdf report
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Total exemption full accounts made up to 2023-07-31Download 11 pages pdf report
Importer profile by HS codes
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Last imported products
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