My Car Cleaning Ltd

My Car Cleaning Ltd, based in Newcastle Upon Tyne, UK, is a small, active company founded six years ago in 2018. With eight employees and £554,273 in assets, it operates a real address and is led by a single director and owner—a solo founder. The company runs an e-commerce site and regularly imports machinery, boilers, and mechanical appliances, parts, with 25 months of import activity recorded, the last in December 2024. It exports these items irregularly, with just one month of export activity as of December 2022.

The company's website showcases a vast range of car care detailing products, from washing and drying aids to paint protection and interior cleaning supplies. It caters to both professional detailers and car enthusiasts, offering a wide selection of brands and products. The site emphasizes fast shipping and excellent customer service, with a focus on providing a convenient online shopping experience. It even has a section for winter essentials and hidden gems, suggesting a seasonal approach to product offerings.

Financially, My Car Cleaning Ltd presents a mixed picture. Cash bank on hand dramatically decreased by 91%, falling to just £47, while bank borrowings over draft increased significantly, reaching £150,000. Creditors also increased by 28%, reaching £440,000. However, net assets remained relatively stable at £130,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile, but the decrease in cash reserves is a concern. Debtors increased by a substantial 230%, reaching £240,000, which could indicate challenges in collecting payments. The company is exempt from an audit as a small company.

It appears My Car Cleaning Ltd is navigating a period of growth, but also facing increased financial pressures. The company’s reliance on e-commerce and its wide product range suggest a focus on online sales, but the rise in debt and the decrease in cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 11537106, with a registered address at NE4 7HX, England, Newcastle Upon Tyne, Unit 20 Invincible Drive.

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