Auto Kit International Ltd

Auto Kit International Ltd, based in Leicester, UK, is a small, family-run business with an active status, having been founded 24 years ago. The company employs 20 people and holds assets valued at £1,153,259. With three directors and four owners, it operates from a real address and has a long history of importing goods—though currently, it imports nothing. It's a regular exporter of various textile products, sets, used clothing, and rags, with five months of export activity recorded.

The company's website reveals a highly specialized operation. Auto Kit International isn's just a supplier; it's a full-service manufacturer of interior trim for the automotive industry. It offers everything from upholstery and trimming to robotic painting and engineering services, catering to major OEMs (Original Equipment Manufacturers). The website highlights its commitment to quality, innovation, and British manufacturing, with a focus on bespoke solutions and world-class craftsmanship. It even has a dedicated section showcasing its work with various markets, including automotive, off-highway vehicles, and even recreation sectors like stadium seating.

Financially, Auto Kit International Ltd shows some concerning trends. While current assets increased slightly to £1.2 million, net assets decreased significantly to -£97,000—a substantial loss. Bank borrowings increased by 1,200%, reaching £29,000, and cash reserves fell 50% to £6,500. Creditors also increased by 17%, suggesting increased reliance on external financing. 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 sharp equity decline raises questions about its long-term viability. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company’s focus on high-value, bespoke automotive trim suggests a strategy of specialization and premium service. However, the financial pressures indicate a need to carefully manage costs and maintain a strong cash flow. Whether it can sustain its growth and profitability in the face of these challenges remains to be seen—but its commitment to quality and innovation offers a promising foundation.

Registered in England/Wales under the registration number 04107092, with a registered address at LE18 2FT, England, Leicester, Leicestershire, Unit A3, Chartwell Point Chartwell Drive Industrial Estate, Chartwell Drive, Wigston.

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