Alfaholics Ltd

Alfaholics Ltd, based in Clevedon, UK, is a small, family-run business with an active status, celebrating 25 years since its founding in 1999. Employing 15 people, the company holds £5,318,209 in assets and operates from a real address within an industrial estate. Six directors and two owners (though the list may not be exhaustive) steer the ship. Alfaholics specializes in importing and exporting vehicles, parts, and accessories – not for trains or trams – with a strong record of 222 months of imports and 626 months of exports.

The company’s website showcases a passion for classic Alfa Romeo restoration and parts. It offers a wide range of components, from handling kits and bonnet hooks to exhaust systems and suspension rebuild packages. Beyond parts, Alfaholics also builds and upgrades Alfa Romeo vehicles, with distinct “GTAR,” “SuperR,” and “SpiderR” badges signifying different levels of evolution. The website also features a gear and outlet section, offering merchandise and accessories related to the Alfa Romeo brand.

Financially, Alfaholics Ltd shows a mixed picture. Cash reserves increased by a substantial 29%, reaching £2.3 million, while current assets grew by 39% to £5.3 million. However, creditors jumped by 52%, reaching £4.5 million, and net assets declined by 3.5% to £1.5 million. Bank borrowings remained stable, and trade debtors increased by 13%. 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, but the rise in creditors could indicate increased pressure to manage short-term obligations. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Alfaholics Ltd appears to be a thriving business with a loyal following, though the increase in creditors suggests a need to carefully monitor cash flow. The company’s focus on classic Alfa Romeo restoration and its family-run nature contribute to its unique position in the automotive market.

Registered in England/Wales under the registration number 03850063, with a registered address at BS21 6XU, Clevedon, Bristol, Unit 12 Hither Green Industrial Estate.

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