Auto Valeting Centre Ltd

Auto Valeting Centre Ltd from Margate UK: small company, active status, founded 9 years ago, 7 employees, £45,305 assets, virtual address, 1 director, 1 owner. Regular importer of soaps, cleaning products, and waxes (4 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £45,305.

Ladybrook Car Valeting Centre Ltd operates from 51 Ladybrook Lane in Mansfield, UK, offering a range of car valeting services. The website showcases a comprehensive menu, from basic washes to full diamond detailing, with clear pricing tiers. They also provide specialized services like pet hair removal, seat treatment, and roof care, all aimed at bringing “that new car feeling” to every visit. The site is very well laid out and easy to navigate. They even have a gallery showing off their work.

The company’s financial data presents a mixed picture. While net assets have decreased by 600%, dropping to -£480, cash reserves have increased by 60%, reaching £2,600. Bank borrowings have fallen by 15%, now at £40,000, and creditors have also decreased by 15%, sitting at £40,000. Trade debtors have fallen by 5.8% to £43,000. The lack of employees (7 reported) suggests a lean operation. The company’s small size helps it stay agile, but the sharp equity drop raises questions. There is no auditor mentioned, so the figures are unaudited.

The company's financial data suggests it's burning through money. The sharp decrease in equity, despite increased cash reserves, indicates potential losses or investments that haven't yet translated into profits. The decrease in bank borrowings is a positive sign, suggesting reduced reliance on external financing. The decrease in creditors is also a good sign, implying better management of short-term liabilities.

Registered in England/Wales under the registration number 09875755, with a registered address at CT9 1BD, England, Margate, Kent, 6 Cecil Square.

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