Total Cars Ltd

Total Cars Ltd from Peterborough UK is a small, active company founded two years ago on April 06, 2023. It’s a private limited company with a real address at PE4 7YW, United Kingdom, Peterborough, 80 Hallfields Lane, and is run by a single director and owner – a solo founder. The company’s status is active, and it’s registered with the number 14785859.

The business operates in the retail sale via mail order houses or via internet, the other retail sale not in stores, stalls or markets, and the sale of used cars and light motor vehicles industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The website is currently unavailable, so it’s difficult to assess the extent of its e-commerce operations.

Financially, Total Cars Ltd is showing some concerning trends. Cash on hand remains steady at £9,100, but net assets are currently at a negative £18,000. Creditors are stable at £27,000, and loans from directors are also unchanged at £27,000. The company’s equity is also negative, at -£18,000. The accounts are described as "filleted" and unaudited, meaning they are simplified and haven’t been reviewed by an external auditor—which is common for small companies. The company’s small size allows for flexibility, but the negative equity suggests it’s burning through cash, or perhaps struggling to generate profit. It’s possible that the company is relying heavily on loans from its director to stay afloat, which isn’t necessarily a sustainable long-term strategy. The lack of employee numbers reported makes it difficult to assess the scale of operations.

Registered in England/Wales under the registration number 14785859, with a registered address at PE4 7YW, United Kingdom, Peterborough, 80 Hallfields Lane.

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