Prestige Car Trading Ltd

Prestige Car Trading Ltd from Bradford UK: a small, active company founded three years ago, employs a single person, and holds a real address. With one director and one owner, it maintains a 3.0 Google rating based on three reviews. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with four months of import activity recorded as of September 2024.

The company operates in the “other service activities n.e.c.” industries, and its website, while not fully developed, suggests a focus on car trading. There's no clear e-commerce presence, indicating a more traditional sales model, perhaps involving auctions or direct sales. The company’s focus seems to be on sourcing and importing vehicles rather than a full-fledged online retail operation.

Financially, Prestige Car Trading Ltd presents a mixed picture. Cash bank on hand has decreased by 56% to £970, while creditors have increased dramatically by 140% to £10,000. Equity has plunged 2300% to -£7900, a significant drop that suggests the company is burning through cash or facing increased debt. Trade debtors have also increased, and property plant equipment has decreased by 18%. Despite this, accrued liabilities have slightly improved. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity is a concern. As a small company, it is exempt from an audit, so the figures are unaudited.

The company's financial trajectory suggests it's navigating a challenging period. While the import business remains active, the company needs to manage its debt and improve its cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 13909995, with a registered address at BD18 1BD, England, Bradford, Unit 13 Powell Road.

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