Rainham Motors (mot) Limited

Rainham Motors (mot) Limited, based in Rainham, Essex, is a small, active company established twelve years ago. With six employees and £173,453 in assets, it operates from a real address and is led by a single director and owner, Chaudhry Mohammad Rafi. The company enjoys a stellar 5.0 Google rating from 132 reviews, reflecting strong customer satisfaction. It’s a regular importer of vehicles, parts, and accessories (excluding trains and trams), with 51 months of import activity recorded, the latest in November 2024.

The company’s core business revolves around the maintenance and repair of motor vehicles, as well as the sale of used cars and light motor vehicles. Its website, while minimal, suggests a focus on providing reliable automotive services to the local community. While a simple site, it’s clear the business is focused on direct customer interaction rather than extensive online sales.

Financially, Rainham Motors (mot) Limited presents a mixed picture. Cash reserves decreased by 6% to £28,000, while creditors significantly dropped by 38% to £120,000—a positive sign of improved debt management. However, net assets improved by 790% to £61,000, indicating a substantial turnaround from previous losses. Trade debtors have vanished completely, which could be a positive or a sign of tight credit terms. Despite these improvements, bank borrowings have increased, suggesting the company is relying on external funding. 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 significant equity increase warrants closer examination. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Rainham Motors (mot) Limited appears to be on a path of recovery, with improved debt management and a substantial increase in equity. Whether this momentum can be sustained remains to be seen, but the company’s strong Google rating and focus on local automotive services position it well for continued success.

Registered in England/Wales under the registration number 08479253, with a registered address at RM13 8DR, Rainham, Essex, 35-39 New Road.

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