Southgate Cars Limited

Southgate Cars Ltd, based in London, UK, is a small, active company founded 12 years ago. With £131,911 in assets and a real address at 189 Osidge Lane, it's a relatively modest operation run by one director and owner, Meegalla Senarath Arachchige Susantha. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with 17 months of import activity recorded, the last in October 2024. It operates in the sale of used cars and light motor vehicles industries.

The company’s website, Southgate Cars, presents itself as a gateway to quality used cars from Japan. It emphasizes passion, quality assurance, and handpicked vehicles, offering a selection of Nissan, Toyota, and other Japanese brands. The site features a simple layout with inventory listings, contact information, and a blog highlighting its expertise in Japanese cars. It even has a phone number listed, 44 7940 005456, that's available Monday through Sunday.

Financially, Southgate Cars Ltd shows a mixed picture. Cash bank on hand increased dramatically by 4,300% to £11,000, a positive sign, but net assets only increased by 22% to £53,000. Bank borrowings decreased slightly, and creditors increased by 20% to £69,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the increase in creditors suggests it’s relying on credit to keep operations running. No auditor is mentioned, likely due to its small size and exemption from an audit. The company has also paid out £12,000 in final dividends, which is a good sign.

Registered in England/Wales under the registration number 08419711, with a registered address at N14 5DU, England, London, 189 Osidge Lane.

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