Ldn Motors Ltd

Ldn Motors Ltd from Harrow UK: a small, active company founded three years ago, boasts £33,018 in assets and a stellar 5.0 Google rating from 67 reviews. It’s a real address with one director and owner, regularly importing vehicles, parts, and accessories (excluding trains and trams) for the last 16 months. The company operates in the sale of used cars and light motor vehicles industries.

The company's website, ldnmotors.com, showcases a diverse range of used vehicles, from Hondas and Toyotas to Nissans and BMWs. Listings include detailed descriptions and contact information, encouraging direct inquiries. The site also features a "Loan Calculator" and "Testimonials" section, alongside a newsletter signup, all geared towards facilitating online sales. It’s clearly an e-commerce focused business, with a user-friendly interface and emphasis on showcasing inventory.

Financially, Ldn Motors Ltd presents a mixed picture. Cash reserves have impressively increased by 140%, reaching £33,000, a positive sign of improved liquidity. However, net assets have declined by a significant 87%, dropping to just -£1,100. Trade creditors have risen by 54%, and loans from directors have increased by 56%, suggesting reliance on external funding. Despite these challenges, the company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are described as “Filleted Accounts” and were prepared using Taxfiler software. There is no auditor mentioned, which is common for small companies.

Overall, Ldn Motors Ltd appears to be navigating a period of growth and investment, but it’s important to monitor its equity position. The increase in cash is encouraging, but the rising debt levels and declining net assets warrant attention. The company’s success will likely depend on its ability to maintain sales momentum and manage its financial obligations effectively.

Registered in England/Wales under the registration number 13698132, with a registered address at HA2 6LD, England, Harrow, 10 Verwood Road.

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