Autobeam Limited

Autobeam Ltd from Dumfries, UK, is a small, active company founded nine years ago. With four employees and £404,504 in assets, it’s a solo-founded operation managed by a single director and owner. Boasting a stellar 5.0 Google rating from 286 reviews, Autobeam is a regular importer of electrical machinery and equipment, with 10 months of import activity recorded.

The company’s website showcases a vast array of automotive lighting and accessories. From LED dipped beam and fog lights to registration plates and wing mirror covers, Autobeam caters to a wide range of vehicle makes and models. It also sells a variety of performance parts, including quick shifters, sump plugs, and gear knobs. The site lists a multitude of brands, from Autobeam itself to well-known names like Airtec, Cobra Sport, and Vudu. It even offers merchandise and clearance products, with discounts up to 75%. The sheer volume of products suggests a focus on online retail, with a complex e-commerce platform.

Financially, Autobeam Ltd’s report shows some concerning trends. Cash bank on hand decreased by 16% to £32,000, while creditors increased by 23% to £150,000. Although the company’s net assets grew by 8.8% to £320,000, the increase in creditors suggests a reliance on borrowing. Trade debtors also increased by 47%, which could indicate difficulties in collecting payments. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the rise in debt warrants attention. With no auditor mentioned, the financial statements are unaudited.

Overall, Autobeam Ltd appears to be a thriving online retailer with a strong reputation. However, the increasing debt levels suggest it’s burning through cash and may need to carefully manage its finances to ensure long-term sustainability.

Registered in Scotland under the registration number SC535458, with a registered address at DG1 3PQ, Scotland, Dumfries, 1a Catherinefield Industrial Estate.

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