Giant Cars Limited

  • Small
  • Active
  • 2 years
  • 1 employee
  • £3,942 (assets)
  • £57,760 (revenue)
  • Real address
  • 1 director
  • 1 owner
  • Irregular importer
  • Solo founder
  • Rating 4.0 (9834)

Field of Operation

Sale of other motor vehicles
45190 7327 companies
Sale of used cars and light motor vehicles
45112 39178 companies

Website

Social media

Phones

Summary

Giant Cars Limited, based in Borehamwood, UK, is a small, active company founded two years ago. With just one employee and £3,942 in assets, the business generates approximately £57,760 in yearly revenue. It operates from a real address and is led by a solo founder who also serves as director and owner, boasting a strong 4.0 Google rating from nearly 9,800 reviews. The company is an irregular importer, primarily dealing in vehicles, parts, and accessories—with two months of import activity recorded as of July 2024.

The company's website, Cargiant, presents itself as London's largest used car dealership, offering a wide range of vehicles and services. It’s clearly an e-commerce platform, allowing customers to browse inventory, filter by make and model, and even apply for finance online. The site emphasizes a large selection, competitive pricing, and same-day drive-away options. It also offers a variety of services, including part exchanges, valuations, and even disaster recovery for damaged pianos – a surprising addition that hints at a broader, possibly related business.

Financially, Giant Cars Limited’s numbers suggest a company struggling to turn a profit. While turnover remained steady at £58,000, the company reported a loss of -£2,200. Cash reserves have dwindled to just £2,100, and trade debtors have increased significantly, indicating potential issues with customer payments. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the declining equity and reliance on bank borrowings suggest it's burning through cash. There’s no auditor mentioned, which is common for small companies, so the figures are unaudited.

Overall, Giant Cars Limited appears to be a small business facing financial headwinds. While its online presence and strong Google rating suggest a healthy customer base, the company needs to address its profitability to ensure long-term sustainability.

Registered in England/Wales under the registration number 14692415, with a registered address at WD6 1PJ, England, Borehamwood, 56 Barton Way.

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

Owners & PSC

  • 2 years
  • 3
  • 75%+

Managers

Company director

Last reports

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Last news

  1. Confirmation statement made on 2025-02-26 with no updates
  2. Total exemption full accounts made up to 2024-02-28
  3. Confirmation statement made on 2024-02-26 with no updates
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