Gb Jmd Motors Limited
- Small
- Active
- 5 years
- £82,868 (assets)
- Real address
- 1 director
- 1 owner
- Irregular importer
- Rating 5.0 (5)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Gb Jmd Motors Ltd from Bedford UK is a small, active company founded five years ago in 2020. It holds £82,868 in assets and boasts a perfect 5.0 Google rating based on five reviews. 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 August 2023. It has a real registered address and is managed by one director and one owner.
The company's core business revolves around the sale of used cars and light motor vehicles. While no website was provided, this suggests a primarily offline operation, potentially relying on local advertising and word-of-mouth. It's likely a small-scale dealership, focusing on a local customer base.
Financially, Gb Jmd Motors Ltd presents a mixed picture. Current assets have dipped slightly, falling 3.2% to £83,000. However, net assets have significantly declined, dropping 42% to -£14,000. Bank borrowings have decreased by 35%, settling at £9,700, and cash reserves have fallen 13% to £18,000. Creditors have also decreased by 12%, which could indicate improved debt management. The company meets two of the three criteria to be classified as small: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The unaudited accounts, prepared using Taxfiler software, were authorised for issue in March 2025. Ariana Accountants Ltd acted as the accountants.
The negative equity suggests the company may be burning through cash, although the decrease in bank borrowings is a positive sign. The lack of employees (zero reported) indicates a lean operation, possibly run by the director and owner, Faqiri Azizullah. The company is exempt from an audit, so the figures are based on director-reported data. Overall, Gb Jmd Motors Ltd appears to be navigating a challenging financial landscape, relying on its local presence and reputation to sustain its business.
Registered in England/Wales under the registration number 12395601, with a registered address at MK42 0HB, England, Bedford, Unit 9 Fenlake Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
-
Confirmation statement made on 2025-02-14 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-03-31Download 7 pages pdf report
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Total exemption full accounts made up to 2023-03-31Download 7 pages pdf report
Importer profile by HS codes
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Last imported products
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