A & B Motors Limited

A & B Motors Limited, based in Southsea, UK, is a small, active company established fifteen years ago. With seven employees and £572,502 in assets, it operates from a virtual address shared by 174 other companies, a fact that raises some questions. The company is led by a solo founder and director, Goulding Alan, and maintains a stellar 5.0 Google rating from 54 reviews. It’s an irregular importer, primarily dealing in tanning and dyeing products, with the last import recorded in December 2024.

The company’s website paints a picture of a well-regarded car body repair shop, "A & B Motors Accident Repair Centre," boasting over 40 years of experience. It emphasizes quality without compromise, offering services ranging from scratch repairs to full jig work, including accident repair, bike race replica resprays, and even a courtesy car service. The website highlights expertise in accident repair and a commitment to customer care, even offering legal aftercare services. The business seems to be thriving, with a focus on building a reputation and providing comprehensive support to customers involved in road traffic accidents.

However, the financial picture is a bit more complex. While current assets increased by 11% to £440,000, net assets actually decreased by 18% to £380,000. Bank borrowings decreased by 26% to £28,000, and cash reserves grew by 8.4% to £310,000. A significant drop in furniture fittings was seen, decreasing by 100% to zero. Trade debtors decreased by 5.8% to £83,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity warrants closer attention. As a small company, it’s exempt from an audit, so these figures are unaudited.

Overall, A & B Motors Limited appears to be a reputable and well-regarded business, but the financial data suggests it’s navigating some challenges. The business seems to be doing well, but the financials show a bit of a mixed bag.

Registered in England/Wales under the registration number 07121903, with a registered address at PO5 2DA, England, Southsea, 10 Victoria Road South.

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