Monty's Devon Ltd

Monty’s Devon Ltd, based in Exeter, UK, is a small, active company founded fifteen years ago in 2009. Employing just four people, it holds £111,927 in assets and operates from a real address at 2 Eastons Buildings, Little Castle Street. The business is run by two directors, with one owner, Pollard Andrew John. It runs an e-commerce site specializing in classic motorcycle parts and restoration. The company is an irregular importer of machinery, boilers, and mechanical appliances, parts, with the latest import activity recorded one month ago.

The company’s website, Monty's Classic Motorcycles, caters to enthusiasts of classic British motorcycles, particularly Triumph, BSA, and Norton twins. It offers a wide range of parts, from badges and decals to engine components and workshop manuals. The site also highlights a showroom in Cornwall and emphasizes British-made parts sourced from manufacturers like L.F. Harris, a supplier even to the Royal Corp of Signals White Helmets Motorcycle Display Team. The company’s blog and featured products section showcase its expertise and commitment to quality.

Financially, Monty’s Devon Ltd presents a mixed picture. Current assets have decreased by 5.5% to £110,000, while net assets have fallen a significant 56% to -£23,000. Bank borrowings have increased, and cash reserves have fallen by 65% to just £10,000. Creditors have also decreased, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the sharp decline in equity raises concerns. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Monty’s Devon Ltd appears to be navigating a period of financial pressure, despite its strong reputation within the classic motorcycle community. The business’s focus on niche expertise and quality parts may help it weather the storm, but continued monitoring of its financial health will be important.

Registered in England/Wales under the registration number 07100148, with a registered address at EX4 3PX, Exeter, Devon, 2 Eastons Buildings, Little Castle Street.

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