Automaniac Service Ltd

Automaniac Service Ltd, based in Wisbech, UK, is a small, active company founded 14 years ago. With two employees and £5.4 million in assets, it’s a family business boasting a 4.0 Google rating from 88 reviews. The company operates in the maintenance and repair of motor vehicles, the sale of used cars and light motor vehicles industries. It’s a regular importer, bringing in vehicles, parts, and accessories (excluding trains and trams) for the past 18 months, with the most recent import occurring in August 2024.

The company's website is minimal, suggesting a focus on offline sales and service rather than e-commerce. It appears to be a local business catering to a specific niche within the automotive sector.

Financially, Automaniac Service Ltd shows a mixed picture. While current assets increased by 30% to £5.5 million, net assets also rose by 29% to £1.3 million. However, bank borrowings have surged by 180% to £210,000, and cash reserves have fallen by 48% to £170,000. Creditors have also increased by 30% to £5.7 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile. The increase in bank borrowings, however, could indicate a need for working capital or investment in the business. The company’s director, Mr. Matt White Xander, and owners, Mr. and Mrs. White, are likely deeply involved in day-to-day operations. No auditor is mentioned, which is common for small, exempt companies. The increase in creditors suggests the company is relying on trade credit to manage its operations.

Registered in England/Wales under the registration number 07603554, with a registered address at PE13 2GB, England, Wisbech, 1 Ams Industrial Estate, Sandall Road.

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