Scc Cars Limited

Scc Cars Limited, based in Altrincham, UK, is a small, active company founded eight years ago. With two employees and £749,361 in assets, it’s a solo-founded operation led by a single director and owner, Umpleby Simon. The company boasts a stellar 5.0 Google rating from 189 reviews, and operates as an irregular importer of aluminum and aluminum products, with just one month of import activity recorded as of March 2023.

The company’s business revolves around retail sales via mail order and internet, operating within the broader automotive sector. While a dedicated website isn't available, the company is listed on several directories and appears to specialize in car sales. It’s a relatively small operation, meeting two of the three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Scc Cars Limited presents a mixed picture. Cash reserves took a hit, dropping 25% to £150,000. Trade debtors have exploded, increasing by a staggering 200% to £480,000, which could indicate delayed payments or expanded credit terms. However, creditors also rose significantly, increasing by 17% to £840,000, suggesting a need for more cash flow. Net assets have plummeted 900%, falling to -£74,000, a concerning trend. Bank borrowings decreased by 15%, reaching £230,000. The lack of employees (just one reported) points to a lean operation. With no auditor mentioned, the unaudited figures rely on director-reported data.

Overall, Scc Cars Limited is navigating a challenging financial landscape. The company's reliance on credit and the significant drop in equity raise concerns, but the high Google rating suggests a positive customer experience. Whether the company can sustain its operations and turn the financial tide remains to be seen.

Registered in England/Wales under the registration number 10596897, with a registered address at WA14 2PX, England, Altrincham, Cheshire, Suite 20, Peel House, 30 The Downs, The Downs.

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