Abbey Transmission Services Limited

Abbey Transmission Services Ltd from Nazeing, UK, is a small, family-run business with an active status, celebrating 46 years in operation. Employing seven people, the company holds £286,088 in assets and boasts a solid Google rating of 4.0 based on 17 reviews. With four directors and three owners, the business operates from a real address and regularly imports vehicles, parts, and accessories—most recently in July 2024.

The company’s website reveals a specialist in gearbox and axle restoration and supply. With over 40 years of experience, Abbey Transmission Services caters to a diverse customer base, from local garages to fleet management companies. They offer guaranteed rebuilt transmission units and professional rebuild services for a wide range of vehicles, including Ivecos, Fiats, and Volkswagens, even reaching customers as far as Scotland. The website highlights a focus on excellent workmanship and a twelve-month warranty, hallmarks of a trusted supplier.

Financially, Abbey Transmission Services Ltd shows some concerning trends. Cash reserves have fallen by 23% to £110,000, while net assets have plummeted 29% to £140,000. Bank borrowings have also increased, with a 9.7% decrease in the amount between one and two years. On a positive note, creditors have decreased by 22%, suggesting improved debt management. The company meets the criteria for a small business—with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—but the decline in equity raises questions about its long-term stability. The company is exempt from an audit, so the financial information is unaudited. Loans from directors have increased significantly by 190%, which could be a sign of investment or a need to cover shortfalls. Overall, Abbey Transmission Services Ltd appears to be navigating a period of financial pressure, but its established reputation and specialist services may help it weather the storm.

Registered in England/Wales under the registration number 01386505, with a registered address at EN9 2LP, Nazeing, Essex, Exchange House, Middle Street.

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