R. Simpson Motors Ltd.

R. Simpson Motors Ltd, based in Rosyth, UK, is a small, active company founded 21 years ago. Employing ten people and holding assets of £1,790,447, it operates from a real address and is managed by five directors, with one owner, Raymond James Simpson. The company enjoys a stellar 5.0 Google rating from 220 reviews, indicating high customer satisfaction. It functions as an irregular importer, primarily bringing in vehicles, parts, and accessories—the latest import activity occurred in February 01, 2024.

The company’s core business revolves around the sale of used cars and light motor vehicles, operating within a competitive market. While no dedicated website is available, its presence is documented on Companies House, detailing its registration and financial information.

Financially, R. Simpson Motors Ltd presents a mixed picture. Current assets have increased by 8.0% to £1,800,000, while net assets have also increased by 8.0% to £2,000,000. Bank borrowings have remained steady, and cash reserves have seen a significant jump of 77.0% to £660,000. Creditors have increased by 40.0% to £260,000. The company meets the criteria for a small company, with turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

Despite the positive asset growth, the increase in creditors should be monitored. The company’s strong Google rating suggests a focus on customer service, which is likely contributing to its continued success.

Registered in Scotland under the registration number SC259854, with a registered address at KY11 2EU, Rosyth, John Lynch & Co C.A., Torridon, House, Torridon Lane.

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