Landford Car Centre Limited

Landford Car Centre Limited, based in Southampton, UK, is a small, active company founded six years ago in December 2018. With ten employees and £416,878 in assets, it operates from a real address and is managed by one director and one owner. The company boasts a solid 4.0 Google rating based on 94 reviews, and functions as an irregular importer of vehicles, parts, and accessories—with its last import activity occurring one month ago in October 2023.

The company’s core business revolves around the sale of used cars and light motor vehicles. It’s a relatively small operation, meeting two of the three criteria to be classified as small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It's a family-run business, with Mclaughlin Mark serving as both director and owner. The company's website is minimal, offering no detailed information beyond contact details and a brief description of its services. It doesn’t appear to be an e-commerce site, suggesting a more traditional sales approach.

Financially, Landford Car Centre Limited shows a mixed picture. Current assets have decreased by 28% to £420,000, while net assets have fallen 13% to £270,000. Bank borrowings have declined by 41%, reaching £14,000, and cash reserves have dropped significantly by 68% to £48,000. Creditors have also decreased by 23%, and trade debtors have increased by 56%. The company’s small size helps it remain agile, but the decline in equity and cash reserves suggests potential financial pressures. The company’s accounts are unaudited, and no auditor is mentioned, which is common for small, exempt companies.

Despite these pressures, Landford Car Centre Limited appears to be holding its own. The positive Google rating indicates customer satisfaction, and the company's focus on used cars and light motor vehicles suggests a stable market. Whether it can sustain its current trajectory remains to be seen, but for now, Landford Car Centre Limited is a small, resilient player in the automotive market.

Registered in England/Wales under the registration number 11723967, with a registered address at SO15 0HW, United Kingdom, Southampton, England, Unit 104 Solent Business Centre, 343 Millbrook Road West.

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