Auto Workshop (equipment) Services Limited

Auto Workshop Equipment Services Ltd, based in Axbridge, UK, is a small, family-run business with an active status. Founded 42 years ago in 1983, it employs nine people and holds £407,959 in assets. With five directors and two owners, the company has a solid foundation. A 4.0 Google rating from six reviews suggests good customer satisfaction. They are an irregular importer, with their top import category being Optical and medical tools and devices, totaling 1 months of imports. The last import operation was conducted on December 01, 2024.

The company operates in the repair and maintenance of other transport equipment, a niche service requiring specialized skills and equipment. While a website isn't available to analyze, the nature of their business suggests a focus on B2B clients rather than direct-to-consumer sales. It’s likely they serve local garages and workshops, providing parts, repairs, and maintenance services.

Financially, Auto Workshop Equipment Services Ltd shows a mixed picture. While cash bank on hand increased significantly by 96% to £180,000, creditors rose sharply by 39% to £270,000. Trade debtors decreased by 11% to £180,000, which could be a positive sign of improved payment collection. Net assets remained relatively stable at £210,000. 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. The increase in property plant and equipment gross cost by 9.4% to £190,000, and increase in depreciation by 9.1% to £93,000 suggests investment in the business. With no auditor mentioned, the figures are unaudited, but the company’s long-standing presence and stable asset base indicate a reasonably healthy operation. The directors' loan repayments were consistent, and the company’s bank overdraft decreased by 27%. Overall, Auto Workshop Equipment Services Ltd seems to be navigating the market well, but keeping an eye on rising creditor levels will be important.

Registered in England/Wales under the registration number 01720393, with a registered address at BS26 2UG, Axbridge, Somerset, Unit S5 Mendip Road, Rooksbridge.

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