Mcrent (london) Limited

Mcrent London Ltd from Watford, UK, is a small holding company with an active status, established 11 years ago. The company employs just two people and operates from a virtual address, registered to 56 other companies, a detail that raises some questions. It's managed by two directors and two owners, and boasts a stellar 5.0 Google rating based on 55 reviews. Mcrent London Ltd is a regular importer, primarily of vehicles, parts, and accessories—a trend spanning eight months, with the latest import recorded in December 2024.

The company's website, McRent, positions itself as a campervan and RV motorhome hire specialist in the UK and Europe. It's clear that the business operates an e-commerce site, offering rentals and potentially sales, with a focus on providing a wide range of vehicles and associated services.

Financially, Mcrent London Ltd presents a mixed picture. Cash and cash equivalents saw a significant increase, jumping 94% to £340,000. However, trade debtors have exploded, rising by an astonishing 2,400% to £970,000—a concerning trend that suggests potential issues with customer payments or an expansion of credit terms. Creditors also increased substantially, up 55% to £7.6 million, while net deferred tax liability shifted dramatically, decreasing by 110% to -£19,000. Despite these fluctuations, the company’s small size—meeting two of three criteria for a small company—allows for agility. The lack of an auditor mentioned likely means unaudited accounts.

The sharp increase in trade debtors, coupled with rising creditors, suggests Mcrent London Ltd may be burning through cash to fuel growth, or perhaps facing difficulties in collecting payments. While the company's Google rating indicates strong customer satisfaction, the financial data warrants closer scrutiny to ensure long-term sustainability.

Registered in England/Wales under the registration number 08803921, with a registered address at WD17 1HP, Watford, Hertfordshire, First Floor Radius House, 51 Clarendon Road.

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