Morris Leslie Auctions Limited

Morris Leslie Auctions Ltd from Perth UK: small company, holding company, active status, founded 14 years ago, 16 employees, £4,212,808 assets, real address, 2 directors, 1 owner, google rating 4.0 based on 269 reviews. Regular importer of vehicles, parts, and accessories (not for trains or trams) (3 months imported). It’s a small, active holding company, established fourteen years ago, and operates as a key player in the vehicle auction and related industries. With sixteen employees and a solid base of £4,212,808 in assets, Morris Leslie Auctions Ltd maintains a real address and is overseen by two directors and one owner, boasting a respectable 4.0-star Google rating from 269 reviews. The company regularly imports vehicles, parts, and accessories, with the last import activity recorded three months ago in August 2017.

The company’s website paints a picture of a diversified business. While primarily known for its vehicle auctions, Morris Leslie Auctions Ltd also encompasses plant hire, plant sales, property services, and even luxury lodges. The website highlights a "one-stop-shop" approach, catering to a wide range of customer needs. It’s clear that the company is actively promoting its online auction platform, offering a modern and accessible way to bid on vehicles and equipment. The website also features a calendar of upcoming events, including the Royal Highland Show and classic vehicle auctions, demonstrating a commitment to engaging with its customer base. The site also includes a newsletter sign-up, a testament to its marketing efforts.

Financially, Morris Leslie Auctions Ltd presents a mixed picture. While cash bank on hand increased by a healthy 23% to £1.1 million, other indicators suggest potential challenges. Creditors rose by 9.8% to £2.7 million, and other debtors fell by 40% to £210,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increase in creditors raises questions about its short-term financial health. The company’s auditor, Henderson Loggie LLP, has provided an unqualified report. The company’s retained earnings accumulated losses increased by 16% to £1.9 million, a positive sign. Overall, Morris Leslie Auctions Ltd seems to be holding its own, but it's important to monitor its financial trends closely.

Registered in Scotland under the registration number SC383721, with a registered address at PH2 8BW, Scotland, Perth, 1st Floor South Inch Business Centre, Shore Road.

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