Japanese Motor Spares Ltd

Japanese Motor Spares Ltd, based in Rainham, UK, is a small, active family business established eight years ago. With six employees and £57,324 in assets, the company operates from a real address and is overseen by two directors and three owners. It holds a respectable Google rating of 4.0 based on 140 reviews, indicating good customer satisfaction. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with a history of seven months of import activity.

The company’s website, accessible through a standard Facebook login, primarily functions as a platform for connecting and sharing—it doesn’t appear to be a dedicated e-commerce site. Instead, it directs users to Facebook, suggesting a reliance on social media for marketing and sales. It seems the company operates primarily offline, using Facebook as a supplementary tool.

Financially, Japanese Motor Spares Ltd presents a mixed picture. While net assets increased by 48% to £11,000, current assets decreased by 25% to £57,000. Cash bank on hand took a significant hit, dropping 75% to just £5,300. Trade creditors decreased by 30%, which is a positive sign, but the decline in cash reserves is concerning. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the drop in cash suggests it might be burning through money faster than it’s earning it. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s financial data also shows a decrease in property, plant, and equipment gross cost by 20% to £7,500. It's unclear whether this is due to depreciation or asset sales, but it could indicate a need to invest in equipment to support its operations. Overall, Japanese Motor Spares Ltd appears to be navigating a challenging financial landscape, needing to carefully manage its cash flow and potentially explore ways to boost revenue.

Registered in England/Wales under the registration number 10296285, with a registered address at RM13 9UL, England, Rainham, Unit7b Salamons Way.

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