Masumin Motor Spares Limited

Masumin Motor Spares Ltd from Milton Keynes UK: a small, active company founded 14 years ago, employs 18 people, and holds £328,355 in assets. It’s a family business with two directors and owners, boasting a solid 4.0 Google rating from 223 reviews. The company operates from a real address and is an irregular importer of vehicles, parts, and accessories (excluding trains and trams), with recent import activity recorded just two months ago.

The company’s website reveals a dual focus: motor vehicle repair and parts retail. It offers a range of services, including diagnostics, engine servicing, and brake repairs, catering to both individual customers and trade clients. The site prominently features appointment booking, membership programs (offering discounts), and trade account options. It’s clear that Masumin Motor Spares Ltd is actively trying to attract new customers and build loyalty. The website doesn't appear to be a fully-fledged e-commerce platform; instead, it functions as a marketing tool to drive customers to their physical locations in Milton Keynes and Luton.

Financially, Masumin Motor Spares Ltd shows a mixed picture. While net assets increased by 12% to £160,000, cash reserves declined by 22% to £120,000. Trade debtors have fallen significantly, dropping 46% to £20,000, which could indicate improved collection practices. However, bank borrowings have increased, rising 31% to £22,000. Creditors have also decreased by 28%, which is a positive sign. The company meets the criteria for a small business, with turnover below £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, which is common for small companies exempt from an audit. The company's small size allows for flexibility, but the fluctuating financials suggest it's navigating some financial pressures.

Registered in England/Wales under the registration number 07601453, with a registered address at MK1 1HW, Milton Keynes, Buckinghamshire, Unit 6 Bilton Road, Bletchley.

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