Amd Technik (essex) Limited

Amd Technik (essex) Limited, based in Billericay, UK, is a small, active company founded 34 years ago in 1991. With six employees and £375,002 in assets, it operates from a virtual address—a point of interest as 38 companies are registered at the same location—and is led by a solo founder and one director. The company's e-commerce site enjoys a stellar 5.0 Google rating based on 283 reviews, and it functions as an irregular importer of vehicles, parts, and accessories, with the last import activity recorded two months ago in May 2016.

The company’s website, AMD Tuning, is currently offline, displaying a message indicating changes are underway and redirecting visitors to a remaps site. It encourages users to submit their email addresses for updates, suggesting a planned relaunch. The site’s focus is on vehicle tuning, with a login area for early access and social media links. It’s clear that the company is transitioning, and the website is not currently operational.

Financially, Amd Technik (essex) Limited presents a mixed picture. While the company’s turnover isn’t explicitly stated, it meets the criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. However, current assets have decreased by 40% to £380,000, and net assets have fallen 44% to £290,000. Bank borrowings remain steady, but cash reserves have increased slightly to £3,900. Trade debtors have dramatically increased by 150%, which could indicate delayed payments or expanded credit terms. The company's property, plant, and equipment have been fully depreciated, and there's no auditor mentioned, likely due to its small size. The decrease in equity is a concern, and it's possible that the company is burning through cash while it transitions to its new tuning focus.

Registered in England/Wales under the registration number 02582954, with a registered address at CM12 0DU, England, Billericay, Unit7a Radford Crescent.

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