Jap Car Finder Limited

Jap Car Finder Ltd, based in Bradford, UK, is a small, active company founded seven years ago. Employing nine people and boasting £962,245 in assets, it’s a well-established importer of vehicles, parts, and accessories (excluding trains and trams), with 142 months of import activity recorded. The company enjoys a stellar 5.0 Google rating from 139 reviews, indicating strong customer satisfaction. It’s managed by one director and two owners, with a real registered address.

The business specializes in the sale of used cars and light motor vehicles, operating primarily as an importer and distributor. While no website is available to analyze, the company’s focus on importing suggests a business-to-business model, supplying parts and vehicles to dealerships or repair shops. The consistent import activity over the past 12 years points to a reliable supply chain and established relationships with overseas suppliers.

Financially, Jap Car Finder Ltd presents a mixed picture. Accumulated depreciation impairment for property, plant, and equipment increased by 18%, reflecting investment in assets like computer equipment. However, bank borrowings decreased by 45%, and cash bank on hand fell by 34%, suggesting a reliance on external funding or reduced profitability. Creditors also decreased by 45%, which could indicate improved debt management. Despite a 22% increase in the average number of employees, current assets decreased by 24%, and net assets dropped by 6.4%. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, meaning the accounts are unaudited.

Overall, Jap Car Finder Ltd appears to be navigating a period of change. While the company maintains a strong reputation and consistent import activity, the financial data suggests a need to carefully manage expenses and potentially explore new revenue streams. The decrease in cash reserves and net assets warrants close monitoring, but the reduced bank borrowings are a positive sign.

Registered in England/Wales under the registration number 10858126, with a registered address at BD3 8HW, England, Bradford, Unit 4 Kyme Mills, Johnson Street.

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