Abbey Motorsport Limited

Abbey Motorsport Ltd from Croydon, UK, is a small, family-run business with an active status, having been founded 24 years ago. With six employees and £132,642 in assets, it operates from a virtual address—a detail worth noting as sixteen companies share the same registration address. Two directors and two owners manage the company, which boasts a stellar 5.0 Google rating from 110 reviews. Abbey Motorsport is a regular importer and exporter, bringing in vehicles, parts, and accessories (excluding trains or trams) for ten months and exporting for four months, with the last export operation taking place in 2018.

The company's website, though not detailed, suggests a focus on vehicle repair and maintenance. It's a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It’s a tight-knit operation, with a real registered address and two directors at the helm.

Looking at the financials, there’s a mixed picture. Current assets have taken a hit, dropping by 38% to £130,000. Trade debtors have also decreased significantly, by 45%, to £97,000. Bank borrowings have increased by 22%, reaching £22,000, and cash reserves have plummeted 82%, leaving just £230. Creditors have also decreased by 5.5%, to £63,000. The company’s net assets have fallen significantly, by 99%, to -£160,000. The company's deferred tax provision has decreased by 53%, to £170.

These figures suggest a period of financial strain, potentially linked to increased costs or delayed payments. However, the company's strong Google rating and family-run nature indicate resilience and a focus on customer service. With no auditor mentioned, the financial statements are unaudited, relying on director-reported data. Overall, Abbey Motorsport Ltd is navigating a challenging financial climate, but its reputation and small size may help it weather the storm.

Registered in England/Wales under the registration number 04169844, with a registered address at CR0 0XZ, Croydon, Surrey, Airport House, Suite 43-45 Purley Way.

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