Excited By Cars Ltd

Excited By Cars Ltd, based in Nottingham, UK, is a small, active company founded nine years ago in 2015. With a single employee and £54,792 in assets, it’s a solo founder operation led by a director and owner. The company operates as an irregular importer of vehicles, parts, and accessories (excluding trains and trams), with just one month of import activity recorded as of January 2023. It’s a real address with only two companies registered there.

The company's website, currently under construction, promises updates soon and encourages visitors to subscribe. The countdown timer suggests an imminent launch, hinting at a planned expansion of its online presence. The site’s focus is clearly on building anticipation and capturing potential customers.

Financially, Excited By Cars Ltd presents a mixed picture. Current assets have increased by a substantial 92% to £55,000, while cash reserves have jumped 37% to £17,000. However, net assets have declined by 79% to -£630, and retained earnings have fallen by 80%. Creditors have increased significantly by 70% to £58,000, and trade debtors remain steady. The company’s small size (meeting two of three conditions for a small company) helps with agility, but the drop in equity is noticeable. With no auditor mentioned, the accounts are unaudited.

The company’s irregular import activity suggests a niche market or fluctuating demand. The upcoming website launch could be a strategic move to boost sales and streamline operations, but the negative equity raises questions about its long-term financial stability.

Registered in England/Wales under the registration number 09908050, with a registered address at NG8 2BE, England, Nottingham, 156 Russell Drive Russell Drive.

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