Euronet Motors Limited

Euronet Motors Ltd from Leicester UK: a small, active company founded 19 years ago, employs five people, and holds £1,374,740 in assets. It’s a family business with a real address, managed by two directors and two owners, and enjoys a stellar 5.0 Google rating from 29 reviews. The company is an irregular importer of vehicles, parts, and accessories (excluding trains and trams), with just one month of import activity recorded as of June 2016.

The business operates in the sale of used cars and light motor vehicles, and its website is not available. It’s a small company as it met two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

Financially, Euronet Motors Ltd shows a mixed picture. Current assets declined by 15%, falling to £1,400,000, while net assets dropped 12%, settling at £680,000. Bank borrowings decreased by 20%, reaching £230,000, and cash reserves plummeted 85%, leaving just £21,000. Creditors also decreased by 20%, suggesting better debt management. Trade debtors, however, increased significantly by 67%, reaching £320,000, which could indicate a shift in payment terms or a build-up of outstanding invoices. The company's average number of employees increased by 20%, rising to six.

It's worth noting that the company's equity has been reduced, which could be a cause for concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. Overall, Euronet Motors Ltd appears to be navigating a period of change, with both challenges and opportunities ahead.

Registered in England/Wales under the registration number 05678725, with a registered address at LE5 5LB, Leicester, 29-31 Bannerman Road.

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