Autobright Limited

Autobright Ltd from Hertfordshire UK: a small, active company founded 19 years ago, holds £78,390 in assets, and operates from a real address. With three directors and two owners – Hare Donna Tracey and Hare Geoffrey Brian – it’s a family business running an e-commerce site and boasting a stellar 5.0 Google rating from 355 reviews. The company regularly imports soaps, cleaning products, and waxes, with the last import operation occurring five months ago.

The company’s website, autobritedirect.co.uk, showcases a wide range of professional car cleaning and detailing products. It’s clear that Autobright is focused on retail, offering everything from shampoos and waxes to machine polishers and detailing brushes. The site also highlights services like private labeling, car detailing courses, and even a Cars and Coffee event, suggesting a community-focused approach. It's a professional operation, with a focus on quality and expertise.

Financially, Autobright Ltd presents a mixed picture. While current assets increased slightly to £78,000, net assets decreased by 5.4% to -£270,000. Bank borrowings increased significantly, reaching £29,000, and cash reserves fell 30% to £10,000. Trade creditors also rose sharply, suggesting a reliance on credit from suppliers. Despite these challenges, the company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned is typical for a small, exempt company. It’s likely that the company is burning through cash, but the strong Google rating and focus on quality could help sustain it.

Registered in England/Wales under the registration number 05813562, with a registered address at EN10 7NR, Hertfordshire, 2 Lanthorn Close, Broxbourne.

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