Auto Guide Limited

Auto Guide Limited, based in Stockport, UK, is a small, active company founded four years ago. With two employees and £87,735 in assets, it’s a solo-founded operation managed by a single director and owner. The company regularly imports electrical machinery and equipment, with three months of import activity recorded, and has dabbled in exporting machinery parts, with just one month of export activity as of September 2021.

The company operates in the wholesale and retail trade of motor vehicle parts and accessories, alongside non-specialised wholesale trade and business support services. Its website, Auto Guide LTD, showcases a range of vehicle filters, brake pads, wiper blades, and other accessories, primarily sold through its eBay store. The site features a simple layout with product listings and a focus on competitive pricing. It’s a fairly standard e-commerce setup.

Financially, Auto Guide Limited presents a mixed picture. Current assets have increased by 33% to £88,000, while net assets have also risen by 31% to £10,000. Loans from directors, however, have jumped significantly by 38% to £71,000. Cash bank on hand has decreased by 15% to £8,200. Trade debtors have plummeted by 100% to zero, which is a big change. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in director loans suggests a reliance on external funding. With no auditor mentioned, the figures are unaudited.

Overall, Auto Guide Limited seems to be navigating a period of growth, but it’s also relying heavily on loans. Whether this is sustainable long term is still to be seen.

Registered in England/Wales under the registration number 13220504, with a registered address at SK1 2HX, England, Stockport, Vernon Mills, Mersey Street.

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