4x4 Fabrication Limited

4x4 Fabrication Limited, based in Whitchurch, UK, is a small, active company founded six years ago. With four employees and £865,674 in assets, it operates as a regular importer and exporter of vehicles, parts, and accessories (excluding trains and trams), having imported for 28 months and exported for eight. The company has one director and one owner, Lea David.

The business specializes in engine conversion services, particularly for LS3, BMW, and Cummins engines. Located in Shropshire, 4x4 Fabrication offers a range of services, including custom exhausts, remapping, tuning, roll cages, welding, and alloy wheel repair. Its website highlights expertise in specialist tuning, gearbox rebuilding, and supplying distributors. The company’s physical address is Unit A3, Sandford Ind. Est, Whitchurch, and it’s open Monday to Friday, 9am to 6pm.

Financially, 4x4 Fabrication shows some concerning trends. While current assets increased by 32% to £870,000, net assets plunged a staggering 130,000% to -£130,000. Bank borrowings remained stable at £22,000, but cash reserves dropped significantly by 79% to £32,000. Trade debtors increased substantially by 240%, suggesting potential issues with customer payments. Despite these challenges, creditors increased by 53%, and the company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). There is no auditor mentioned, likely due to its small size.

The significant drop in equity is a cause for concern, and it's possible the company is burning through cash to fund its operations. The increase in trade debtors could indicate difficulties in collecting payments, and the company should monitor its cash flow closely. However, the continued growth in assets suggests the business remains active and potentially viable, despite the financial pressures.

Registered in England/Wales under the registration number 11402984, with a registered address at SY13 2AN, United Kingdom, Whitchurch, Shropshire, Unit A3, Sandford Ind Estate.

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