Mx5 Heaven Limited

Mx5 Heaven Ltd, based in Dorchester, UK, is a small holding company with an active status, having been founded nine years ago in 2015. The company employs seven people and holds £42,015 in assets. It operates from a virtual address, registered at an address shared by sixty-eight other companies, and is managed by three directors and one owner. It boasts a stellar 5.0 Google rating based on sixty reviews. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with recent activity recorded four months ago.

The company’s website showcases Mx5 Heaven as a specialist in Mazda MX5 parts and restoration services. It offers a wide range of new and used parts, as well as a service centre for repairs and maintenance. The website also features a "Bargain Bin" section with discounted items. The company’s focus is clearly on serving the MX5 enthusiast community, offering both parts sales and expert mechanical services. It's an e-commerce business with a strong emphasis on specialist knowledge and customer service.

Financially, Mx5 Heaven Ltd presents a mixed picture. Current assets have decreased by 20% to £42,000, while net assets have plummeted 2200%, resulting in a substantial negative balance of -£13,000. Bank borrowings have increased significantly, reaching £10,000, and cash reserves have fallen by 5.2% to £5,900. Creditors have also increased by 49%, suggesting a reliance on trade credit. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the substantial equity decline raises concerns. No auditor is mentioned, and the financial statements are unaudited.

In short, Mx5 Heaven Ltd appears to be experiencing financial pressures despite its strong Google rating and specialist focus. The company’s success hinges on maintaining its reputation for quality service and parts, while addressing the negative equity and managing its cash flow.

Registered in England/Wales under the registration number 09872660, with a registered address at DT1 1RX, United Kingdom, Dorchester, Dorset, 24 Cornwall Road.

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