Forfar Motor Company Limited

Forfar Motor Company Ltd from Angus UK: small company, holding company, active status, founded 41 years ago, 22 employees, £3,570,421 assets, real address, 6 directors, 1 owner, google rating 5.0 based on 54 reviews. Regular importer of vehicles, parts, and accessories (not for trains or trams) (125 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the sale of new cars and light motor vehicles industries.

Based on available data, Forfar Motor Company Ltd appears to be a well-established, family-run business. The company’s website is currently unavailable, so it's difficult to determine if they operate an e-commerce platform or rely solely on traditional sales methods. The business is a regular importer, with its top import category being Vehicles, parts, and accessories (not for trains or trams), totaling 125 months of imports. The last import operation was conducted on March 01, 2025.

Financially, the company’s performance shows some interesting trends. While bank cash fell by 14% to £680,000, current assets increased by 52% to £3.6 million. Creditors, however, have risen significantly, increasing by 130% to £1.9 million, which could indicate increased investment in inventory or expansion. Debtors decreased by 29%, which is a good sign. The company’s net assets increased by 3.7% to £2.1 million. The company’s small size helps it stay agile, but the increase in creditors raises questions about its ability to manage its debt. The company’s auditor is not mentioned, which is likely due to its exemption as a small company.

The company’s six directors, including Phillip Graham Kerr and Phillip Gordon William, are responsible for steering the business. The company’s owner, Am Phillip Ltd, has changed ownership nine months ago. The company’s perfect Google rating suggests a commitment to customer satisfaction, which is a good foundation for continued success.

Registered in Scotland under the registration number SC087382, with a registered address at DD8 1XP, Scotland, Angus, Muiryfaulds Garage, Forfar.

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