Motor Management Group Ltd

Motor Management Group Ltd, based in Ilford, UK, is a small, active company founded four years ago. It operates with a virtual address, employs a single person, and is led by one director and owner, acting as a solo founder. The company’s status is active, and it’s registered at IG1 1LR, United Kingdom, Ilford, Essex, Treviot House, 186-192 High Road, although 287 companies share this address, suggesting a virtual setup.

The company operates in the retail sale via mail order houses or via internet industries, providing a platform linking trailer providers with transportation explorers. Its website, Nationwide Vehicle Logistics, focuses on vehicle transport, offering services for single, double, and triple vehicle transport, catering to both individual relocations and car dealers. The platform even has an app, allowing users to book vehicle services and track their car’s location. The site also highlights a piano restoration business, 1066 Pianos, which seems to operate independently.

Financially, Motor Management Group Ltd is showing some concerning trends. While cash reserves increased slightly to £110, net assets have plummeted to -£26,000, a significant drop from the previous year. Creditors have risen substantially to £27,000, and bank borrowings are at £20,000, which is a lot for such a small business. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no mention of an auditor, which is typical for small, exempt companies. The company has claimed exemption from reporting disclosure related party transactions.

Overall, Motor Management Group Ltd appears to be facing financial pressures. The company's reliance on a virtual address and a small workforce may contribute to its agility, but the negative equity and rising debts raise questions about its long-term viability.

Registered in England/Wales under the registration number 12983218, with a registered address at IG1 1LR, United Kingdom, Ilford, Essex, Treviot House, 186-192 High Road.

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