Smiths Honda Limited

  • Small
  • Active
  • 13 years
  • 6 employees
  • £1,585,471 (assets)
  • Virtual address
  • 3 directors
  • 2 owners
  • Regular importer
  • Family business
  • Rating 5.0 (219)

Field of Operation

Sale, maintenance and repair of motorcycles and related parts and accessories
45400 4032 companies

Website

Social media

Phones

Summary

Smiths Honda Limited, based in Nantwich, UK, is a small, family-run business with an active status. Founded thirteen years ago in 2011, it employs six people and holds £1,585,471 in assets. The company operates from a virtual address, a detail worth noting as sixty-nine other companies are registered at the same location. It’s managed by three directors and owned by two individuals, Karen and Mark Smith. Google users rate it a perfect 5.0 based on 219 reviews.

Smiths Honda specializes in the sale, maintenance, and repair of motorcycles and related parts and accessories. Its website showcases a wide range of Honda motorcycles, scooters, and accessories, from the Goldwing specialist bikes to the nimble Monkey models. They also offer training programs and financing options, catering to both new and experienced riders. The website has a lot of bikes on offer, and the company also runs a Honda school of motorcycling.

Financially, Smiths Honda presents a mixed picture. Current assets increased by 30% to £1,600,000, while net assets grew by 8.8% to £1,000,000. Bank borrowings, however, surged by 31% to £2,000,000, and cash reserves rose by a staggering 86,000% to £5,200. Trade debtors decreased significantly by 66%, suggesting better collection practices. The company’s small size (meeting two of three conditions for being classified as small) helps it remain nimble, but the increase in bank borrowings warrants a closer look. With no auditor mentioned, the figures are unaudited. The company’s creditors increased by 29%, which is something to keep an eye on. Overall, Smiths Honda appears to be a solid, well-regarded business, but the financial data suggests it’s burning through money a little faster than it’s bringing it in.

Registered in England/Wales under the registration number 07833716, with a registered address at CW5 7ED, Nantwich, Cheshire, 31 Wellington Road.

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

Owners & PSC

  • 9 years
  • 2
  • 25%+
  • 9 years
  • 1
  • 25%+

Managers

  • 13 years
  • 2
Director
  • 13 years
  • 3
Director
  • 13 years
  • 2
Secretary

Last reports

Download the last financial report
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Last news

  1. Total exemption full accounts made up to 2024-07-31
  2. Confirmation statement made on 2024-12-01 with updates
  3. Satisfaction of charge 078337160003 in full
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