Finally onto the MG Sales Centre, company number 07416929, quotes are taken from the Director's Report section.
1. Sales have fallen by a quarter!
"Sales in the year decreased by 25% to £2,599,596 from £3,468,881 in previous year. However, the margin achieved on the reduced sales has improved from 5% to 6% in the current year. To achieve this improved margin, spend on advertising has increased with the result the overhead costs of the business have increased by 7% from £201,237 to £215,735. The loss in the year has increased to £56,300 (2014: £29,809)."
2. It will all be better when...
In a statement which will cause considerable mirth in some quarters, the company's sole director Hao Wang states "The director of MGSC remains confident that vehicle sales will improve once the number of models has increased and the brand has become better known."