Modena Rosso Limited

Modena Rosso Ltd, based in Huddersfield, UK, is a small, active company founded 22 years ago in 2003. With three employees and £30,533 in assets, it's a solo-founded operation with two directors, boasting a perfect 5.0 Google rating from eight reviews. The company is an irregular importer, specializing in vehicles, parts, and accessories—though only for two months of imports, the last in December 2022.

The company’s website showcases a specialist in Ferrari and other high-performance vehicles, offering services ranging from routine maintenance and repairs to bespoke modifications and restoration. It’s clear they’re aiming for a premium market, with a focus on precision care and attention to detail. The website highlights a portfolio of projects, including complete rebuilds and precision repairs, and emphasizes a deep understanding of each car's history.

Financially, Modena Rosso Ltd presents a mixed picture. Current assets decreased by 11% to £31,000, while net assets increased by a significant 35% to £20,000. Bank borrowings decreased by 38%, a positive sign, and cash reserves grew by 11% to £10,000. However, trade debtors increased by 9.4%, suggesting potential delays in customer payments. Creditors decreased by 14%, which is good. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, likely due to the company’s small size.

Overall, Modena Rosso Ltd seems to be financially stable, with growing equity and improved cash reserves. However, the increase in trade debtors warrants monitoring. The company’s focus on a niche market—high-performance vehicle maintenance—and its strong Google rating suggest a solid foundation for future growth.

Registered in England/Wales under the registration number 04671511, with a registered address at HD5 0AN, Huddersfield, West Yorkshire, Tandem Industrial Estate, Waterloo.

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