Aircooled Accessories Limited

Aircooled Accessories Ltd from Ashbourne UK: a small, active company founded six years ago, employs two people, and holds £447,956 in assets. It's a family business with two directors and owners, operating from a real address. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 20 months of import activity and 22 months of export activity.

The company’s website showcases a wide selection of interior and exterior accessories for classic Volkswagen vehicles – Beetles, Bay Windows, Splitscreens, Karmann Ghias, Type 3s, and Porsches. Products range from steering wheels and gauges to country signs and beauty trim rings, catering to enthusiasts of these iconic cars. The site features new arrivals, a "deal of the day" section, and even a newsletter sign-up, suggesting a focus on online retail and customer engagement. VAT is removed on orders shipped out of the UK.

Financially, Aircooled Accessories Ltd shows a mixed picture. Cash bank on hand has increased by a substantial 52% to £280,000, while current assets have also grown by 37% to £450,000. However, accumulated amortisation and depreciation have increased, indicating a gradual decline in the value of its assets. Creditors have risen by 22%, and taxation and social security payable have increased significantly – 54% – suggesting potential cash flow challenges. Despite these pressures, the company's net assets have increased by 25% to £380,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 25 employees) helps it remain agile. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

Overall, Aircooled Accessories Ltd appears to be a stable, albeit small, business. Its focus on a niche market and online sales seems to be working, but the increase in creditors and taxation suggests a need to manage cash flow carefully.

Registered in England/Wales under the registration number 11930688, with a registered address at DE6 3EN, England, Ashbourne, Derbyshire, Lower Hough Park, Hulland Ward.

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