Fishponds Cars Ltd

Fishponds Cars Ltd from Bristol UK: a small, active company founded five years ago, is currently facing some financial challenges. Despite a solid 5.0 Google rating from one review, the company has overdue accounts and confirmation statements – two years and three years respectively. It’s a solo founder operation, managed by one director and owner, Mughal Athar Rouf, and operates from a real address. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with seven months of import activity recorded.

The business primarily focuses on the sale of used cars and light motor vehicles, and operates from 1 Maggs Lane, Clay Hill, Bristol. While no website is available, its core business involves retail.

Financially, Fishponds Cars Ltd presents a mixed picture. Accumulated depreciation impairment property plant equipment remains at 0 GBP, while additions to property plant equipment are at 35,000 GBP. However, the company has a negative debtor balance of -29,000 GBP and a net current liabilities of -32,000 GBP. Equity is at a modest 2,700 GBP, and cash reserves are low. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, suggesting an exemption for small companies.

The negative debtor balance and substantial liabilities suggest the company may be struggling to manage its short-term finances, although the consistent additions to property plant equipment indicates ongoing investment. The lack of employees points to a lean operation, but the overdue accounts and confirmation statements raise concerns about overall financial health.

Registered in England/Wales under the registration number 12224471, with a registered address at BS5 7EW, United Kingdom, Bristol, 1 Maggs Lane, Clay Hill.

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