Am Cars Limited

Am Cars Ltd from Ilminster UK: a small, active company founded 25 years ago, employs nine people, and holds £249,919 in assets. It’s a real address with a single director and owner, who also happens to be the solo founder. The company is an irregular importer of vehicles, parts, and accessories (excluding trains and trams), with just one month of import activity recorded, and a regular exporter, with four months of export activity.

The company’s website, amcarsquattro.co.uk, positions itself as “The Premier International quattro Specialist,” offering a wide range of parts and services for Audi and Volkswagen vehicles. It operates a parts shop, workshop, and even deals in used vehicles, including classic cars and light commercials. A significant portion of the site is dedicated to quattro history and motorsport, showcasing a passion for these vehicles. The site also advertises DPF, fuel, and turbo cleaning services, and even has a section highlighting used parts and a blog featuring car builds and events. It's clear they are trying to build a community around their specialist knowledge.

Financially, Am Cars Ltd’s recent performance presents a mixed picture. Current assets have fallen by 10% to £250,000, while net assets have decreased by 4.8% to £32,000. Bank borrowings have increased by 11% to £12,000, and cash reserves have dropped 71% to £140. Trade payables decreased by 14%, which could indicate improved management of short-term debts. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s likely exempt from an audit, so the figures are unaudited.

The company's reliance on a single director and owner, coupled with the fluctuating financials, suggests a business that is holding steady but could be vulnerable to external factors. The focus on specialist vehicles and parts, however, provides a niche market and potential for continued success, even if it's a tightrope walk.

Registered in England/Wales under the registration number 03966468, with a registered address at TA19 9BL, Ilminster, Somerset, Unit 4 Slape Industrial Estate, Station Road.

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