Aks Tuning Ltd

Aks Tuning Ltd from Bedford UK: a small, active company founded eleven years ago, employs four people, and holds £423,043 in assets. It’s a real address, managed by three directors and two owners, and operates as a family business with an e-commerce site. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with seven months of import activity and ten months of export activity.

The company’s website, akstuning.co.uk, is a vibrant online marketplace for Volkswagen, Audi, Seat, and Skoda vehicle enthusiasts. It features a wide range of products, from performance parts and tuning accessories to complete vehicle packages. The site is well-organized, with clear product categories, detailed specifications, and customer reviews. There’s also a dedicated “Workshop Services” section, indicating that Aks Tuning provides vehicle modifications and maintenance. The site’s "Popular Brands" section highlights key partners, and a "Bestsellers" section showcases popular items. New products are prominently displayed, and the site includes a FAQ section and guides for customers.

Financially, Aks Tuning Ltd presents a mixed picture. Cash bank on hand has decreased by 45% to £62,000, while bank borrowings have also fallen by 52% to £9,100. Creditors have decreased by 14% to £270,000, suggesting better debt management. However, net assets liabilities have risen by 3.1% to £190,000. While the company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, the decrease in cash reserves could indicate tighter margins or increased investment. The company’s accounts are unaudited, as is common for small entities.

The company's focus on importing and exporting vehicle parts suggests a reliance on international supply chains, which could be vulnerable to disruptions. The recent increase in depreciation on plant and machinery, by 73%, may indicate investment in equipment or increased wear and tear. Overall, Aks Tuning Ltd appears to be a well-managed small business, but the financial data suggests it’s facing some challenges.

Registered in England/Wales under the registration number 08561965, with a registered address at MK43 7SZ, England, Bedford, The Workshop, Willow Vale Pavenham Road, Oakley.

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