Future Motors Limited

Future Motors Ltd, based in Billericay, UK, is a small, active company established six years ago. With 21 employees and £4,781,156 in assets, it operates from a virtual address and is overseen by four directors and one owner. The company regularly imports and exports electrical machinery and equipment, having imported for 13 months and exported for 50 months.

The company’s website showcases a focus on energy efficiency and sustainability, offering "smart motors" that can reduce energy consumption by up to 60%. Case studies highlight successful implementations in cleanroom environments, leisure groups, and manufacturing facilities, demonstrating the company’s ability to deliver measurable savings. The website also features a news section with updates on new projects and partnerships. It's clear Future Motors isn't an e-commerce business, but rather a B2B provider of energy-saving solutions, focusing on building relationships and demonstrating value through case studies.

Financially, Future Motors Ltd’s report reveals a mixed picture. While cash reserves increased significantly by 8300%, reaching £150,000, net assets decreased by 46%, settling at £680,000. Bank borrowings rose considerably, up 440%, reaching £190,000, and trade debtors increased by 78%, suggesting potential issues with customer payments. Creditors also increased by 95%, reaching £34,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity and increase in debt warrants attention. The lack of an auditor mentioned suggests the company is exempt from an audit as a small entity. The company’s average number of employees increased by 33% to 28, which could be a sign of growth or increased workload.

Registered in England/Wales under the registration number 11394800, with a registered address at CM12 0EQ, United Kingdom, Billericay, Essex, Kingfisher House, Radford Way.

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