Mss Performance Limited

Mss Performance Ltd from Colchester UK: a small, active company founded 11 years ago, employs nine people, and holds £348,966 in assets. Operating from a virtual address, it's led by two directors and two owners, with a solo founder at its core. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 60 months of import activity and 21 months of export activity recorded.

The company’s primary focus is the sale, maintenance, and repair of motorcycles and related parts and accessories, operating from a registered address in Colchester. It's a small company, meeting two of three criteria: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. It’s a regular importer, with its top import category being Vehicles, parts, and accessories, and a regular exporter with the same top category.

Financially, Mss Performance Ltd shows a mixed picture. Current assets increased by 9.1% to £350,000, while net assets decreased by 3.4% to £150,000. Bank borrowings decreased by 60%, reaching £9,700, and cash reserves fell 88% to just £670. Creditors increased significantly by 72%, suggesting a reliance on trade credit. Trade debtors increased by 1.1%, which could indicate improved collections. The company’s small size helps it stay nimble, but the decrease in cash reserves and the increase in creditors raise questions about its short-term liquidity. The company is exempt from an audit, so the figures are unaudited.

The company’s financial data reveals some concerning trends. Accumulated amortisation impairment intangible assets remained constant, while accumulated depreciation impairment property plant equipment increased by 18%. Average number of employees stayed the same at nine. The company’s financial statements are prepared in accordance with Financial Reporting Standard 102. The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006.

Registered in England/Wales under the registration number 08899578, with a registered address at CO3 3LX, Colchester, Essex, Warden House, 37 Manor Road.

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