Uk Motor Factors Limited

Uk Motor Factors Limited, based in Luton, UK, is a small, active company established seven years ago. With a single employee and £3,603 in assets, it operates from a real address and is led by one director and owner, Ahmed Riaz. The company runs an e-commerce site specializing in automotive bulbs, car parts, and accessories, offering a wide range of products from headlights to battery cables and even hole saw drill bits. It operates in the retail sale via mail order houses or via internet industries.

The company’s website showcases a diverse inventory, with a focus on both essential maintenance items and specialized tools. Blog posts offer helpful advice on topics like removing double-sided tape and understanding headlight bulb types, suggesting a commitment to customer education. It’s clear they're trying to build a brand around quality and expertise.

Financially, Uk Motor Factors Limited’s report paints a picture of a very small business in a growth phase. Cash bank on hand increased by a substantial 87%, reaching £3,400, and current assets also saw a significant jump of 89%, settling at £3,600. However, net assets liabilities also increased, rising by 530% to £640. Trade debtors also rose, increasing by 120% to £220. The company’s small size (meeting two of three conditions for a small company) means it’s likely exempt from an audit, and the figures are unaudited. Corporation tax payable increased dramatically, by 340% to £1,100.

The increase in debtors suggests customers are taking longer to pay, which could be a challenge for such a small business. The rise in liabilities, however, could be due to investments in inventory or marketing efforts to drive sales. It’s a bit concerning that the company is operating with such a small amount of cash reserves.

Registered in England/Wales under the registration number 11012375, with a registered address at LU2 7DX, United Kingdom, Luton, 58 Marston Gardens.

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