Local Mobility Uk Limited

Local Mobility Uk Ltd, based in Leigh, UK, is a small, family-run business with an active status, having been established sixteen years ago in 2009. The company employs eighteen people and holds £476,585 in assets, operating from a real address within the Leigh Business Park. It's led by three directors and owned by two individuals, Waterworth Paul and Waterworth Sarah. The business runs an e-commerce site and regularly exports vehicles, parts, and accessories—five months of export activity were recorded, with the last operation in November 2022.

The company’s website showcases a wide range of mobility scooters, accessories, and daily living aids, catering to individuals with mobility challenges. It emphasizes manufacturer endorsements, aftercare support, insurance options, and extended warranties—all designed to build trust and provide peace of mind. The site also features a showroom, a blog, and a free home demonstration service, highlighting a customer-centric approach. It’s clear they are trying to provide a comprehensive service.

Financially, Local Mobility Uk Ltd presents a mixed picture. Current assets have declined by 18% to £480,000, while bank borrowings have increased significantly by 31%, reaching £260,000. Creditors have also risen by 25%, to £480,000. Equity, however, has taken a substantial hit, plummeting 140% to -£140,000—a worrying trend. Cash reserves have also fallen, down 52% to just £100. The company meets the criteria for being a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. No auditor is mentioned, likely due to its small size.

The sharp decline in equity, despite a seemingly active business, suggests potential financial strain. Whether this is a temporary setback or a longer-term challenge remains to be seen, but Local Mobility Uk Ltd will need to carefully manage its finances to ensure its continued success.

Registered in England/Wales under the registration number 06843866, with a registered address at PR7 5PA, Heskin, Preston, Heskin Hall Farm, Wood Lane.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.