Tm Uk Cars Ltd

Tm Uk Cars Ltd, based in Hornchurch, UK, is a small, active company founded eight years ago. With £3,621,352 in assets, two directors, and one owner, it holds a stellar 5.0 Google rating from 267 reviews. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with 49 months of import activity recorded.

The business operates as a used car dealer, and its website (though currently unavailable for review) likely showcases a selection of vehicles for sale. It’s a family-run operation, with Ali Mohsin owning the company and Saeed Hafiz Muhammad Talha and Ali Mohsin serving as directors. The company’s registered address is real, with only three other companies sharing the same location.

Financially, Tm Uk Cars Ltd shows a mixed picture. Current assets increased by 33% to £3,600,000, while net assets grew by 56% to £21,000. Bank borrowings decreased by 17% to £41,000, and cash reserves saw a significant jump of 260% to £96,000. However, trade debtors soared by an astonishing 2600%, reaching £900,000—a potential concern. Creditors also decreased by 17% to £41,000. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). No auditor is mentioned, likely due to the small company status.

The company’s financial data suggests a period of growth, but the dramatic increase in trade debtors warrants closer attention. Perhaps the company is extending credit to customers, or there may be some outstanding invoices. The lack of employees (zero reported) indicates a lean operation, and the company’s success hinges on its ability to manage its finances and maintain its high Google rating.

Registered in England/Wales under the registration number 10481895, with a registered address at RM11 3UB, England, Hornchurch, The Moorings Garage, Southend Arterial Road.

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