Mot Centre Services Ltd

Mot Centre Services Ltd, based in Coventry, UK, is a small, active company established sixteen years ago. With eight employees and £525,371 in assets, it’s a well-established local business. The company has four directors and two owners, and operates from a real address, making it a credible operation. It’s a regular importer of machinery, boilers, and mechanical appliances, with parts imported for four months, the last activity recorded in 2019.

The company’s website showcases a focus on vehicle maintenance and repair. It operates as a MOT test station, offering tyre services, and general servicing and repairs for cars and vans. The technicians boast over thirty years of experience, emphasizing high-quality work and customer satisfaction – showing parts and explaining faults before work is carried out. They even provide a minimum twelve-month warranty and stock a range of budget and branded tyres.

Financially, Mot Centre Services Ltd appears to be in a stable position, although some trends are worth noting. Current assets have increased by 15%, reaching £530,000, while net assets have grown significantly by 33% to £440,000. Cash reserves have seen a healthy 19% increase to £480,000. Creditors have decreased by 19%, suggesting improved debt management. However, the company’s bank borrowings have increased, and the number of employees has risen by 25% to ten – possibly indicating expansion or increased workload. The company’s small size (meeting two of three conditions for a small company) means it’s likely exempt from a full audit, so the figures are unaudited. It’s worth noting that depreciation on plant machinery has increased by 20%, which could signal investment in equipment or increased wear and tear.

Registered in England/Wales under the registration number 06711344, with a registered address at CV6 5ED, England, Coventry, 563 Stoney Stanton Road.

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