Auto Works Repair Ltd

Auto Works Repair Ltd, based in Blackburn, UK, is a small, active company founded six years ago. With four employees and £43,305 in assets, it operates from a real address and is overseen by two directors and two owners. The company is an irregular importer, primarily dealing with optical and medical tools and devices, with its last import operation occurring one month ago in January 2024.

The company’s website showcases a focus on vehicle bodywork and repair services. Autoworks Repair offers a range of services, including full vehicle restoration, custom paint jobs, alloy refurbishment, and scratch removal. They even provide a 24-hour recovery service and boast state-of-the-art paint booths. Client testimonials highlight the quality of their work, with one praising the “showroom quality finish.” The website clearly targets vehicle owners seeking professional repair and cosmetic enhancements. It's not an e-commerce site; instead, it serves as an informational hub and lead generator.

Financially, Auto Works Repair Ltd’s recent performance shows some concerning trends. Accumulated depreciation has risen significantly, increasing by 630%, while cash reserves have fallen by 66% to just £3,400. Bank borrowings have remained consistent, but creditors have increased by 17%, suggesting a potential strain on working capital. Despite these challenges, debtors have increased by 11%, which could indicate improved sales. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for small, exempt companies.

Overall, Auto Works Repair Ltd appears to be facing some financial headwinds, with declining cash reserves and rising liabilities. While the business is clearly established and well-regarded locally, it will need to manage its working capital carefully to ensure its long-term viability. The company’s focus on quality repairs and customer service will be crucial in navigating these challenges.

Registered in England/Wales under the registration number 11981355, with a registered address at England, Blackburn, Autoworks Repair Unit 6, Chadwick St.

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