Joe Macari Classics Limited

Joe Macari Classics Limited, based in London, UK, is a small, active company with a strong reputation. Founded eleven years ago in 2013, it employs six people and boasts impressive assets of £4,297,946. The company, with two directors and one owner, holds a perfect 5.0 Google rating from 423 reviews—a testament to its customer service. It operates from a real address in the Kimber Centre and is an irregular importer of vehicles, parts, and accessories, with its last import activity recorded one month ago in August 2023.

The company’s website showcases a passion for classic cars, particularly Ferraris and Maseratis. Joe Macari, the owner, is a well-known figure in the classic car world, with a background in racing and restoration. The site highlights sales, servicing, restoration, and storage options, and even features a classic car workshop and a showroom. It’s clear that Joe Macari Classics Limited isn's just a dealership; it’s a hub for enthusiasts and collectors.

Financially, Joe Macari Classics Limited presents a mixed picture. Cash bank on hand has dramatically increased by 2800%, reaching a substantial £330,000, a positive sign of improved liquidity. However, creditors have also increased by 35%, reaching £4.5 million, which could indicate increased reliance on borrowing. Debtors have doubled to £1 million, potentially reflecting a shift in payment terms or a larger volume of sales. Equity, however, has plummeted from a negative £31,000 to a positive £1,400—a significant turnaround, though the reasons for this are unclear. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the fluctuating equity suggests ongoing financial management is required. No auditor is mentioned, consistent with its status as a small, exempt company.

Overall, Joe Macari Classics Limited appears to be a thriving business with a strong brand and a dedicated customer base. While the financial figures show some volatility, the company’s impressive asset base and growing cash reserves suggest it’s well-positioned for continued success.

Registered in England/Wales under the registration number 08726820, with a registered address at SW18 4PP, London, Unit 6 The Kimber Centre, 54 Kimber Road.

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