Eco Cars Motor Company Ltd
- Small
- Active
- 2 years
- £364,176 (assets)
- Virtual address
- 2 directors
- 3 owners
- Regular importer
- Family business
- Rating 5.0 (31)
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
Social media
Phones
Summary
Eco Cars Motor Company Ltd, based in London, UK, is a small, active company founded just two years ago. It boasts £364,176 in assets and a 5.0 Google rating from 31 reviews, a testament to its customer service. The company is a family business with two directors and three owners, and it’s a regular importer of vehicles, parts, and accessories – a trend that has continued for 43 months, with the latest import occurring in February 2025. It has a virtual address, which is a little unusual.
The company’s website highlights its focus on Ultra Low Emission Vehicles (ULEVs), specializing in providing high-quality ULEVs and offering expert advice. It imports both Japanese and American cars and caters to customers looking to buy new cars, upgrade existing ones, or switch to ULEVs. The site features a searchable inventory of used cars, ranging from Toyota Alphards to Vauxhall Zafiras, with prices starting around £3,000. It’s clear that they’re trying to position themselves as a specialist in the ULEV market, with blog content reinforcing their expertise.
Financially, Eco Cars Motor Company Ltd presents a mixed picture. While current assets remain steady at £360,000, equity has declined to -£110,000. Bank borrowings have increased significantly, reaching £330,000, and cash reserves are low at just £39,000. Creditors also remain high at £330,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the negative equity is a concern. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.
Overall, Eco Cars Motor Company Ltd appears to be navigating a challenging financial landscape, despite its strong online reputation and focus on a growing market. It’s likely that the company is reinvesting heavily in its inventory and operations, but the negative equity suggests it’s burning through cash.
Registered in England/Wales under the registration number 14731289, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 2 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 2 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 2 years
- 5
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 years
-
Resident of United Kingdom
-
Individual
- 2 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
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Total exemption full accounts made up to 2024-03-31Download 5 pages pdf report
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Confirmation statement made on 2025-02-27 with no updatesDownload 3 pages pdf report
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Confirmation statement made on 2024-03-11 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Eco Cars Motor Company Ltd
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