Ameauto Ltd

Ameauto Ltd from Uckfield UK: small company, active status, founded 8 years ago, 14 employees, £663,968 assets, virtual address, 1 director, 1 owner, solo founder. Regular importer of iron or steel products (107 months imported). Regular exporter of vehicles, parts, and accessories (not for trains or trams) (19 months exported). It's a small, active company based in East Sussex, operating for eight years and employing fourteen people. The company holds £663,968 in assets, but its registered address is a virtual one, shared by forty-three other businesses, which is a bit unusual. It’s run by a single director and owner, who is also the solo founder.

Ameauto Ltd specializes in the wholesale trade of motor vehicle parts and accessories. Its website, while simple, highlights a focus on British Scooter Endurance Club racing, suggesting a niche market. The site also contains a privacy policy and cookie settings, indicating an awareness of data protection regulations. There’s a clear emphasis on customer service, with contact information prominently displayed.

Financially, Ameauto Ltd’s performance shows a mixed picture. Current assets have significantly decreased by 56%, dropping to £660,000. Net losses have deepened considerably, reaching -£1,100,000. Bank borrowings increased by 40%, reaching £14,000, and cash reserves fell 52%, leaving just £20,000. Creditors also decreased by 9.7%, which could indicate better debt management. The company qualifies as small, meeting two of the three criteria (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). As a small company, it’s exempt from an audit, so the figures are unaudited.

The sharp decline in equity is a concern, and the increased bank borrowings suggest the company is relying more on debt financing. The decrease in cash reserves could indicate that the company is burning through money faster than it’s generating revenue. However, the company’s focus on a specific niche market and its regular import and export activity could provide a foundation for future growth. It's likely the company is navigating the challenges common to small businesses, and the current financial situation doesn't necessarily indicate long-term instability.

Registered in England/Wales under the registration number 10335951, with a registered address at TN22 1QL, England, Uckfield, East Sussex, Atlantic House, 8 Bell Lane.

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