1a Auto Style Limited

1a Auto Style Ltd from Washington UK: a small, active company founded 10 years ago, employs just one person, and holds £33,329 in assets. With a real address, one director, and one owner, it boasts a stellar 5.0 Google rating based on two reviews. This company is a regular importer of vehicles, parts, and accessories (excluding trains and trams), with 37 months of import activity recorded.

The company’s online presence is primarily through a Facebook login page. This suggests a focus on social media engagement and potentially limited direct e-commerce functionality. The page directs users to log in or create an account, highlighting a community-based approach rather than a standalone online store.

Financially, 1a Auto Style Ltd presents a mixed picture. Current assets have decreased by 29%, dropping to £33,000, while net assets have surged by an impressive 1900%, reaching £2,800. Bank borrowings have decreased by 35%, settling at £16,000, and cash reserves have fallen by 25% to £33,000. Creditors have also decreased by 35%, indicating improved debt management. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the decrease in cash reserves could be a concern. The company’s unaudited accounts, prepared under the small companies’ regime, rely on director-reported data.

Overall, 1a Auto Style Ltd seems to be navigating a period of change. While the decrease in cash reserves warrants attention, the significant increase in net assets suggests a potential turnaround. The company's reliance on social media and its position as a regular importer of auto parts indicate a focused business model, though it's unclear if the Facebook login is a primary sales channel.

Registered in England/Wales under the registration number 09459034, with a registered address at NE38 8QD, England, Washington, 21 Stirling Close.

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