Mccarthy Cars (uk) Limited

McCarthy Cars Uk Ltd from Croydon UK is a small, active company founded 37 years ago in 1988. Employing 27 people, the business holds £3,084,680 in assets and operates from a real address on Mitcham Road. With one director and four owners, it’s a family-run operation boasting a stellar 5.0 Google rating from 90 reviews. The company regularly imports vehicles, parts, and accessories—though only for three months of import activity recorded, the last being in 2016.

The company’s website highlights McCarthy Cars Service Centre, a garage offering a wide range of services from routine car repairs and MOTs to specialist hybrid and electric vehicle maintenance. They’re an RAC Approved Garage and affiliated with HEVRA and EVA, emphasizing their expertise in modern vehicle technology. The site promotes its commitment to quality workmanship, competitive pricing, and customer service, with a focus on both traditional repairs and cutting-edge EV solutions.

Financially, McCarthy Cars Uk Ltd presents a mixed picture. While fixed assets remained steady, current assets dropped by 3.5% to £3,100,000. Bank borrowings decreased by 25% to £500,000, and cash reserves increased by 43% to £5,600. Creditors, however, rose significantly by 10% to £2,600,000, and trade debtors increased by 37% to £1,100,000. The company’s small size (meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) helps maintain agility, but the increase in creditors suggests a need to monitor cash flow. With no auditor mentioned, the figures are unaudited.

The company’s long history and positive customer reviews demonstrate a strong foundation, but the financial data hints at potential challenges. Whether the business can sustain its growth and maintain its reputation remains to be seen—but for now, McCarthy Cars Uk Ltd appears to be holding its own in a competitive market.

Registered in England/Wales under the registration number 02226376, with a registered address at CR0 3RJ, Croydon, 72-74 Mitcham Road.

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