Neguinho Motors Ltd

Neguinho Motors Ltd from London UK: a small, active company founded six years ago, employs eight people, and holds £336,005 in assets. It operates from a real address and is managed by one director and owner, boasting a stellar 5.0 Google rating from 89 reviews. The company regularly imports vehicles, parts, and accessories—a trend continuing for five months, with the last import made in May 2022. It also runs an e-commerce site.

The company’s website, NGN Motorcycle Rentals, Repairs, and Motorcycle MOT, showcases a diverse range of services. Beyond rentals, NGN offers motorcycle repairs, MOT testing, and sales, alongside a wide selection of accessories. The site features multiple locations—Catford, Tooting, and Sutton—each with its own phone number and WhatsApp option. It even has a section for used motorcycles and financing options, alongside a blog with helpful tips and news. The site's design is a little busy, but it clearly aims to be a one-stop shop for all things motorcycle.

Financially, Neguinho Motors Ltd presents a mixed picture. Current assets have decreased by 30%, falling to £340,000, while net assets have increased by 52%, reaching £530,000. Bank cash has dropped significantly by 54%, down to £120,000. Trade debtors remain stable at £190,000, however, creditors have increased by 29%, reaching £170,000. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the drop in cash reserves is something to watch. The company is exempt from an audit, and the accounts are unaudited.

The company's growth in equity suggests increased profitability, but the decrease in cash reserves could indicate increased investment or operational expenses. The consistent import activity shows a reliance on external suppliers, and the multiple locations point to a growing customer base. Overall, Neguinho Motors Ltd seems to be a stable, if somewhat cash-strapped, business with a strong online presence and a loyal customer base.

Registered in England/Wales under the registration number 11600635, with a registered address at SE6 4NU, England, London, 9-13 Catford Hill.

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