The Car Key People Limited

The Car Key People Ltd, based in London, UK, is a small, active company founded eight years ago. With five employees and £603,863 in assets, it’s a family business operating from a virtual address—a detail flagged by the presence of 757 other companies registered at the same location. The company boasts a stellar 5.0 Google rating from 76 reviews, a testament to its customer service. It functions as an irregular importer, primarily dealing in vehicles, parts, and accessories, with recent import activity recorded just two months ago.

The company's website reveals its core business: providing replacement car keys in London. It offers a range of services, including key cutting, programming, opening locked vehicles, and lost key replacement. Customers can request quotes through an online form or by calling, with the website emphasizing convenience, mobile service, and competitive pricing. The site also features informative blog posts and videos, positioning the company as an expert in car key solutions.

Financially, The Car Key People Ltd shows a mixed picture. Cash reserves increased significantly by 65% to £450,000, a positive sign of financial stability. However, creditors also increased by 47% to £270,000, and bank borrowings decreased by 35% to £18,000. Net assets grew by 66% to £320,000, and trade debtors increased by 24% to £150,000. The company’s small size—meeting two of three criteria for being classified as small—helps it remain flexible, but the rise in creditors could indicate a need to manage its short-term liabilities. The company is exempt from an audit, and the financial statements are unaudited.

The company’s directors are Migliaccio Mark and Migliaccio Racheal Hannah, who also own the business. While the financials suggest a healthy growth in assets, the increase in creditors warrants monitoring to ensure sustainable financial performance.

Registered in England/Wales under the registration number 10569023, with a registered address at EC2A 4LU, United Kingdom, London, 4th Floor 4 Tabernacle Street.

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