Ng Car Sales Limited

Ng Car Sales Limited, based in Rochdale, UK, is a small, active company founded 12 years ago. With two employees and £56,202 in assets, it operates from a real address and is led by a single director and owner. The business enjoys a solid 4.0-star Google rating from 113 reviews and regularly imports vehicles, parts, and accessories – its last import operation was in November 2023.

The company’s focus is on the sale of used cars and light motor vehicles, operating within a competitive market. While a website isn't available to analyse, the business appears to be primarily focused on direct sales rather than e-commerce.

Financially, Ng Car Sales Limited presents a mixed picture. Current assets have increased slightly to £56,000, while cash reserves have grown to £20,000. However, bank borrowings have risen to £10,000, and trade debtors have surged to £7,900—a substantial increase. Creditors have also increased to £37,000. Equity has seen a significant boost, jumping to £3,700. 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 for flexibility, but the rise in debtors could indicate challenges in collecting payments. As a small company, it is exempt from an audit, and the financial statements are unaudited.

Overall, Ng Car Sales Limited seems to be navigating a period of growth, but keeping a close eye on debtor management will be important.

Registered in England/Wales under the registration number 08292517, with a registered address at OL12 7AX, England, Rochdale, 8-10 Rooley Moor Road.

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