CARS UNDER LIMITED
Based in Rayleigh, Cars Under Limited (trading as Cars Under 3000) is a family-run business focused on providing first-class services for their customers all at an affordable rate. They also offer part-exchange and buy used cars. They take pride in the fact that all of their services are simple and seamless along with offering a wide range of brands for their customers. These include Audi, BMW, Citroen, Fiat, Ford, Lexus and Mercedes-Benz. Whatever the need, they are able to assist with. They even give financial advice from their dedicated team of experts. They are now growing as a business and are now fundraising for marketing, recruitment and a new website.
Providing first class services for all your motor needs all at an affordable rate.
We are proud to sell a vast collection of cars suitable for all types of needs, from cars of all sizes, convertibles, petrol or diesel, a first-time car or a van for work, we sell our vehicles for the right people for the right price. Our collection ranges from Audi, BMW, Citroen, Fiat, Ford, Lexus, Mercedes-Benz, MINI, Honda, Hyundai, Jaguar, Jeep, Kia, Land Rover and a whole lot more. Cars Under 3000 prices range from around £900 up to £5000. Not only do we sell used cars, but we buy used cars and do part exchange.
Our family values run beyond just between ourselves, it also includes developing a strong relationship with our customers. We treat our customers with the same strong values we hold within ourselves. We don't want our customers to come just once, so they can time and time again for all of their motoring needs. We offer coffee and cold refreshments for all of our meetings with our customers.
Our strong family values also affect the way we run our team. We ensure a healthy environment for all of our staff, all down to earth and friendly and overall a positive atmosphere.
We have sold thousands of cars, and our business is growing, so to meet those demands, we are raising funds for marketing, recruitment and to rebuild a new website.
The business has not been impacted by the effects of the pandemic, moreover, the sale of used cars significantly increased due to the shortage of new models in August 2021.
Please see the link below:
The financials accounts show a healthy position with an EBITDA of £78k Mar 21. The shareholder funds doubled to £61k from last year. The director is providing a personal guarantee, this means that if the business fails the director becomes personally liable for the loan. The director is a homeowner, however this does not ensure there are sufficient assets should the loan need to be recovered. There have been no CCJs for the business or directors.
"Providing first class services for all your motor needs all at an affordable rate."