Phoenix Motos Ltd

Phoenix Motos Ltd, based in Preston, UK, is a small, active company established four years ago. With a single employee and £94,076 in assets, it operates from a virtual address shared by numerous other businesses. The company is led by two directors, one owner (a solo founder), and holds a respectable 4.0 Google rating from 13 reviews. It's a regular importer, specializing in art and antiques, with recent activity dating back to December 2022.

The company's website showcases a comprehensive range of new and pre-owned Yamaha motorcycles, genuine parts, and accessories, alongside workshop services. It’s clear that Phoenix Motos Ltd operates as a Yamaha dealer, offering test rides, promotions, and news updates. The site highlights a partnership with Yamaha, emphasizing new model launches and financing options. It’s a well-designed site, with a focus on online sales and customer engagement.

Financially, Phoenix Motos Ltd presents a mixed picture. Current assets have decreased by 13%, dropping to £94,000, while net assets have plummeted a staggering 8900%, resulting in a negative balance of -£3,100. Cash reserves have also declined, although not as dramatically. Trade debtors have increased significantly, suggesting potential issues with customer payments. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the sharp decline in equity is concerning. No auditor is mentioned, which is typical for a small, exempt company.

Overall, Phoenix Motos Ltd appears to be navigating a challenging financial landscape. While the website suggests a thriving business, the underlying numbers reveal a company burning through money. The increase in debtors and negative equity point to potential cash flow problems, and the lack of employees could indicate a lean operation struggling to keep pace with demand.

Registered in England/Wales under the registration number 13030077, with a registered address at PR2 2YH, England, Preston, Lancashire, Chandler House 7 Ferry Road Office Park, Riversway.

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