Nk Import Cars Ltd

Nk Import Cars Ltd, based in Staines-Upon-Thames, UK, is a small, active company founded three years ago. With a single employee and £53,810 in assets, it’s a solo founder operation led by a director and owner, Abdul Kafoor Waseem. The business operates an e-commerce site and boasts a perfect 5.0 Google rating from 28 reviews. It regularly imports vehicles, parts, and accessories (excluding trains and trams), with seven months of import activity recorded, the last in September 2024.

The company's website, NK Import Cars, showcases a wide range of vehicles, from BMWs to Toyotas, available for preorder. It emphasizes ease, speed, and friendliness, allowing customers to select models and even compare vehicles online. The site highlights “new arrivals” and “best selling” vehicles, featuring detailed specifications and attractive pricing. A blog section provides updates on vehicle deliveries and services, reinforcing the company’s commitment to customer support.

Financially, Nk Import Cars Ltd presents a mixed picture. Current assets increased by 25%, reaching £54,000, while net assets also grew by 28%, settling at £2,600. However, bank borrowings surged by a significant 100%, reaching £16,000, and cash reserves only increased slightly by 29%, landing at £2,200. Creditors also rose by 22%, reaching £53,000. 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 for agility, but the increased borrowings suggest a reliance on external financing. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Nk Import Cars Ltd appears to be growing, but it's also taking on more debt. The e-commerce platform seems well-received, and the focus on preorders and customer service suggests a modern, responsive approach—though the long-term financial sustainability remains to be seen.

Registered in England/Wales under the registration number 13844868, with a registered address at TW19 5HF, England, Staines-Upon-Thames, 98 Welley Road, Wraysbury.

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