Target status: x
Upload date: 07/02/2019
Last updated on: 30/11/2020
Who are the important people in the company?
The ultimate controlling party is Lei Shing Hong Limited based in Hong Kong.
• Dr Till Henrik Conrad
Correspondence address: Mercedes-Benz Of Birmingham Central, Lawley Middleway, Birmingham, United Kingdom, B4 7XH
Date of birth: January 1969
Nationality: Dutch
Country of residence: Hong Kong
Occupation: Lei Shing Hong Automobile CEO (Hong Kong-based)
• Liew Kek Thin
Correspondence address: Mercedes-Benz Of Birmingham Central, Lawley Middleway, Birmingham, United Kingdom, B4 7XH
Date of birth: December 1960
Nationality: Malaysian
Country of residence: Hong Kong
Occupation: Director
• Martyn Paul Webb
Correspondence address: Mercedes-Benz Of Birmingham Central, Lawley Middleway, Birmingham, United Kingdom, B4 7XH
Date of birth: May 1973
Nationality: British
Country of residence: United Kingdom
Occupation: MD in LSH Auto UK Limited
What is the structure of the company?
• Statement of Capital (Share Capital) (24/07/2020)
Class of Shares: ORDINARY
Currency: GBP
Number Allotted: 115010000
Aggregate nominal value: 115010000
Prescribed Particulars:
Voting Rights: Shares rank equally for voting purposes. On a show of hands, each member shall have one vote and on a poll, each member shall have one vote per share held.
Dividend rights: Each share ranks equally for any dividend declared.
Distribution Rights on a winding-up: Each share ranks equally for any distribution made on a winding up.
Redeemable Shares: The shares are not redeemable.
• Statement of Capital (Total)
Currency: GBP
Total Number of shares: 115010000
Total Aggregate nominal value: 115010000
• Full Details of Shareholders (as per confirmation statement of 16/03/2019, more recent confirmation statement has not been published yet)
Shareholding 1: 65010000 ORDINARY shares held as at the date of this confirmation statement
Name: LSH AUTO (HOND KONG) LIMITED (immediate controlling party)
Note: In the most recent Statement of capital mentioned above, out of the total 115010000 ORDINARY shares 50000000 are referred to as bonus shares. Subtracting the bonus shares from the current total it is found the same number of ORDINARY shares remains as per the analytical confirmation statement published in 2019. So, it is plausible to assume that the immediate controlling party and the nature of control have stayed the same despite the increase of the company’s shared and this is the reason why the confirmation statement of 2020 has no updates.
What is the prospect’s strategy and ambitions?
Strategy
• Geographical Expansion:
The company plans to relocate at Solihull, Stockport and Tamworth to new premises. An appropriate site has been identified and planning permission is being sought to build the dealerships. Development commercial in 2017 and the dealerships will become operational between 2018 and 2020.
• Defined Contribution Pension Scheme (offered as a benefit):
From February 2018, all employees (not already members of this pension scheme) were auto-enrolled into a pension scheme in which they and the Company contribute 1% of salary
• Strategic Partnerships with reputable Auto-Brands: When automotive retailing group Lei Shing Hong commenced with its first Mercedes-Benz dealership more than 45 years ago, it started on its journey to becoming the world’s largest Mercedes-Benz retailer.
Ambitions
• Further Geographical Expansion both across the UK and globally
• Form more strategic dealer partnerships with reputable auto-brands
Who are the prospect's customers?
Their clientele includes car buyers from areas around Manchester and Birmingham and the rest of the UK.
Customer Reviews on Trustpilot:
Overall Rating: 4.5/5 (3,112 Reviews)
“Lsh auto Whitefield have appalling…
Lsh auto Whitefield have appalling customer service and leave little to elevate their position with ratings.
After visiting their Whitefield site I was advised from one of their technicians that they would get back to me with an answer to whether a fault was covered on the warranty. I am still to receive an answer.The vehicle is only just over 13 months old!
I find that to purchase another Mercedes when im ready to change the car will almost certainly never be another Mercedes. Alarming, as I’ve had 5 in the last 6 years, just maybe they are not interested in keeping there loyal customer base satisfied. I find it agivating to go to such lengths to report their conduct to Mercedes direct. If anyone is interested in purchasing a GLE 400 a vehicle of considerable cost please look at other manufacturers. The joke is I turned down a deal with Land Rover to buy this. Fool on me but as the saying goes “once bitten twice shy”
-Steve Griffiths-Nov.2020 (1/5)
“Horrendous Customer Service – Manchester Central
Horrendous experience in viewing and test driving a used GLA.
No returned emails or phone calls,
Left waiting in reception for over 20 minutes after my appointment, numerous LSH employees passed us with no communication to see if they could help, receptionist disappearing dead on 1800 without passing our details onto the sales exec we had an appointment with, sales exec phoning and asking where we were whilst being sat across the the show room from him, vehicle still sat in the show room and not prepared for a test drive (the main reason we called and made the appointment), Sales exec not really up for getting the car out for a test drive, due to the time and would only allow 1 person to test drive and only allowed 10 minutes (if you know this area, 10 mins gets you to the main traffic lights) as they were closing at 1830.
I would expect more from a main dealer, and especially from a prestige name in Mercedes Benz.
If this is the service at the sales point, what service should i expect if something goes wrong??
Stay away from LSH and try another dealer.”
-Nicolo Ruggieri Oct.2020 (1/5)
What does the prospect consider important for its customers?
- LSH Auto UK Limited operates in an environmentally and socially responsible manner and prides itself on providing the highest – level of customer experience.
- The Lei Shing Hong Automobile group works in close partnership with Mercedes-Benz to ensure all customers receive the best possible service. This commitment to providing the highest-level customer service is central to the core values of Lei Shing Hong.
- They believe in providing the very highest level of care, which keeps their customers coming back time after time.
Who are the prospect's staff?
The average monthly number of persons (including directors) employed by the group and company during 2018, amounted to 727 (2017:696)
Employee Reviews on Glassdoor:
Overall Rating: 1.9/5
Analytical Rating:
- Culture & Values: 1.6/5
- Diversity & Inclusion: 3/5
- Work-life Balance: 2/5
- Senior Management: 1.6/5
- Compensation and Benefits: 2.4/5
- Career Opportunities: 2.2/5
Former Employee – Manager in Birmingham, England-Nov.2020 (1/5)
“poor leadership”
Doesn’t Recommend
Negative Outlook
I worked at LSH Auto UK full-time for more than 3 years
Pros
strong parent company but uk leadership very poor
Cons
senior leaders are clueless and the business is uncaring to its team
Former Employee – Sales Executive in Solihull, England-Oct.2020 (1/5)
“Awful place to work!”
Doesn’t Recommend
Positive Outlook
I worked at LSH Auto UK full-time for less than a year
Pros
Great dealerships, nice cars that’s about all
Cons
Seriously bad management, as the saying goes there fish stinks from the head down’ most staff talk about leaving , it’s a stop gap till something better comes along
Advice to Management
Listen to the staff, if you don’t the good ones will be gone
What are the prospect’s unique selling points (USPs)?
• As a member of the Lei Shing Hong Group, LSH Auto holds an unparalleled heritage of partnership with premium automotive brands under Daimler AG – Mercedes-Benz, Mercedes-AMG and smart.
• They offer exclusively approved used Cars.
• Friendly staff with the expertise you rely on.
• Premium cars, premium service.
• After Sales is a big part of the services they offer. A sales journey for them doesn’t stop with the purchase.
What are the prospect’s business activities and potentials?
The principal activities of the Company comprised retailing new and used Mercedes-Benz passenger cars and smart cars through a network of sites across Manchester and Birmingham. In addition, the company engages in the supply of parts and accessories and the provision of service and repair facilities.
Locations
They’ve nine immaculate dealerships spread across Birmingham, Solihull, Tamworth, Manchester, Macclesfield, Stockport and Whitefield. For more info click here.
• The international group operates over 143 Mercedes-Benz dealerships in diversified markets such as China, Australia, South Korea, Taiwan, Vietnam, Cambodia, and most recently in Germany and the United Kingdom (UK).
Social Media of LSH Auto UK limited
LinkedIn
Facebook
Instagram
YouTube
Social Media of Lei Shing Hong Limited
Who are the prospect’s competitors?
Competitors List (alphabetical order)
Cambria Automobiles Plc (group of dealers)
Employee Count: 1,076:2019
Decidebloom Ltd
Employee Count: 2,709:2019
Hartwell Plc
Employee Count: 503:2019
Listers Group Limited
Employee Count: 2,331 (till March 2020)
Lookers Plc
https://www.lookers.co.uk/
Employee Count: 8,322:2018