Automotive Export Limited

Automotive Export Ltd from Preston UK is a small, active company founded 24 years ago. With five employees and £916,900 in assets, it operates from a real address and is overseen by two directors and one owner. The company is an irregular importer of vehicles, parts, and accessories (not for trains or trams) – just two months of imports were recorded, the last in January 2023. However, it's a regular exporter of the same items, with 155 months of export activity, the last recorded in September 2024.

The company's website is not available, making it difficult to assess its online presence and sales strategy. It’s likely that the company operates primarily through wholesale channels, supplying parts and accessories to other businesses rather than selling directly to consumers.

Financially, Automotive Export Ltd shows a mixed picture. Current assets increased by 42%, reaching £920,000, while net assets grew by 38% to £660,000. However, cash reserves dropped by 30% to £130,000, and trade debtors increased by 48% to £650,000, which could indicate delayed payments from customers. Bank borrowings also increased, and creditors rose significantly. 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 for flexibility, but the increase in debtors warrants closer monitoring. There's no auditor mentioned, likely due to the small company status.

Overall, Automotive Export Ltd appears to be a stable, albeit somewhat cash-constrained, operation. The growth in assets and net assets is encouraging, but the increase in debtors suggests a need for improved credit control. The company’s focus on exporting, combined with its established presence in the market, positions it for continued success, though careful financial management will be key.

Registered in England/Wales under the registration number 03998700, with a registered address at PR2 2YH, Preston, Lancashire, Unit 2 Ferry Road Office Park, Riversway.

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