Mobility Smart Ltd

Mobility Smart Ltd from Preston UK: a small, active company founded 20 years ago, employs 16 people, and holds £1,394,238 in assets. It’s a family business with a real address, managed by one director and two owners, and operates an e-commerce site with a stellar 5.0 Google rating from 471 reviews. The company is an irregular importer of furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of June 2022.

The company’s website, Mobility Smart, is a comprehensive online store specializing in mobility aids, equipment, and daily living solutions. It’s not just an e-commerce site; it also boasts a large showroom in Lancashire, offering customers the chance to personally explore thousands of products. The website highlights a wide range of items, from wheelchairs and mobility scooters to bathroom aids and therapy equipment, catering to a diverse range of needs. They also offer engineer delivery and a 12-month warranty, alongside a price match promise.

Financially, Mobility Smart Ltd presents a mixed picture. Current assets increased by 23% to £1,400,000, while net assets grew by 26% to £700,000. Cash bank on hand also saw a substantial increase of 23%, reaching £800,000. However, creditors rose by 25% to £850,000, and trade debtors decreased by 76% to £18,000. The company’s small size—meeting two of three criteria for being a small company—helps it maintain agility, but the increase in creditors suggests a need for careful cash flow management. The company is exempt from an audit, so the figures are unaudited.

Overall, Mobility Smart Ltd seems to be in a relatively healthy position, benefiting from its strong online presence and showroom. The increase in creditors should be monitored, but the company’s solid asset base and growing cash reserves provide a good foundation for continued growth.

Registered in England/Wales under the registration number 05251905, with a registered address at PR3 1GD, Preston, Units 12-13, Creamery Industrial Estate Kenlis Road, Barnacre.

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