Motive Components Limited

Motive Components Ltd from Milton Keynes UK: a small, active company founded 41 years ago, employs 28 people, and holds £7,351,113 in assets. It’s a family business with five directors and two owners, operating from a real address. The company regularly imports and exports machinery, boilers, and mechanical appliances, with a history of 591 months of imports and 342 months of exports.

The company's core business revolves around the wholesale trade of motor vehicle parts and accessories, operating from a base in Bletchley. It also has a website, which is not currently active. The company is a regular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 591 months of imports. The company is a regular exporter, with its top export categories including Machinery, boilers, and mechanical appliances; parts, totaling 342 of months exports.

Financially, Motive Components Ltd shows a mixed picture. Current assets have decreased by 7.2% to £7,400,000, while net assets have fallen by 13% to £6,600,000. Bank borrowings have increased by 54%, reaching £960,000, and cash reserves have declined by 12% to £3,300,000. Trade debtors have increased by 6.4%, suggesting a possible expansion of credit terms. 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 agile, but the equity drop is something to keep an eye on. The accounts are unaudited, likely due to the company’s small size, and prepared as abridged accounts. The company has not been required to obtain an audit.

Registered in England/Wales under the registration number 01722280, with a registered address at MK1 1PT, England, Milton Keynes, Buckinghamshire, Mk55 Bramley Road, Bletchley.

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