Vicks Motors Limited
- Small
- Active
- 4 years
- 2 employees
- £7,014 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Solo founder
- Rating 5.0 (55)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Phones
Summary
Vicks Motors Limited, based in Birmingham, UK, is a small, active company founded just three years ago. Employing two people and holding £7,014 in assets, it’s a solo-founded operation with a single director and owner. The business boasts a stellar 5.0 Google rating from 55 reviews and regularly imports vehicles, parts, and accessories (excluding trains and trams), with nine months of import activity recorded.
The company operates in the sale of used cars and light motor vehicles, as evidenced by its website. The site features a comprehensive search function allowing customers to filter by make, model, body type, transmission, fuel type, and engine size. Listings showcase a variety of vehicles, including Audis, BMWs, and Fords, all available for purchase. The site also includes opening times, location details, and contact information.
Financially, Vicks Motors Limited presents a mixed picture. Cash bank on hand has increased dramatically, jumping 1100% to £7,000, a welcome sign. However, creditors have decreased by -31%, and current assets have increased by 260%, suggesting a need for improved cash flow management. Net assets liabilities have decreased by -59%, and bank borrowings have decreased by -35%. Debtors have completely vanished, a concerning trend. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity warrants further investigation. As a small company, it’s likely exempt from an audit, relying on unaudited financial statements.
While the company’s Google rating and online presence suggest a positive customer experience, the financial data indicates a need for careful monitoring and potentially adjustments to its operational strategies.
Registered in England/Wales under the registration number 13469618, with a registered address at B11 1DU, England, Birmingham, 62 Montgomery Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 4 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted twelve months ago.
Last news
-
Total exemption full accounts made up to 2024-06-30Download 6 pages pdf report
-
Confirmation statement made on 2024-06-20 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-06-30Download 6 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Vicks Motors Limited
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