Efficient Motors Ltd

Efficient Motors Ltd, based in Bolton, UK, is a small, active company founded just two years ago in May 2023. With two employees and £39,031 in assets, it’s a family-run business with two directors and owners, Malik Abdul and Malik Mohammad Faizaan. The company boasts a perfect 5.0 Google rating from 17 reviews, a testament to its customer service. It regularly imports vehicles, parts, and accessories—not for trains or trams—with three months of import activity recorded as of February 2025.

The company operates in the sale of used cars and light motor vehicles, specializing in imported vehicles from Japan. Its website, infoefficientmotors.co.uk, highlights a focus on high-quality, economical, and reliable vehicles. It even offers to source specific models not currently in stock, leveraging a network of suppliers in Japan. The site also features profiles of the owners, emphasizing their dedication and expertise.

Financially, Efficient Motors Ltd presents a mixed picture. Cash bank on hand remains steady at £3,000, but current assets are at £39,000. Trade debtors increased to £17,000, and creditors are at £41,000. Net assets are at -£1,100, a slight decrease. 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 flexibility, but the negative equity suggests it's operating on a tight margin. There is no auditor mentioned, likely due to its small size and exemption from an audit. The accounts are described as "filleted" and unaudited.

Despite the financial challenges, Efficient Motors Ltd maintains a positive online presence and a strong reputation for customer service. Whether it can sustain its growth and profitability in the competitive used car market remains to be seen, but its focus on imported vehicles and personalized service gives it a unique advantage.

Registered in England/Wales under the registration number 14854902, with a registered address at BL3 4JD, England, Bolton, 72 Hulton Lane.

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