Automotive Wheels Ltd

Automotive Wheels Ltd, based in West Kingsdown, UK, is a small, active family business established 22 years ago. With seven employees and £630,643 in assets, it operates from a virtual address – a point to note as forty-two companies are registered at the same location. The company is run by four directors and owned by three individuals. It's a regular importer of vehicles, parts, and accessories (excluding trains and trams), with 52 months of import activity recorded, the last in February 2025. It exports irregularly, with just two months of activity, the last in November 2022.

The company’s website showcases a professional wheel supply business, offering wholesale services, manufacturing, and associated products like tyre pressure monitoring systems. It's a significant player in the UK automotive wheel market, supplying both OEM and aftermarket customers. They even have a dealer shop configurator for live stock searches.

Financially, Automotive Wheels Ltd shows some concerning trends. Current assets have decreased by 20% to £630,000, and net assets have fallen by 13% to £340,000. Bank balances have shrunk by 46% to £140,000. Creditors, however, have decreased by 29%, suggesting improved debt management. 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 decline in equity could indicate financial pressure. The accounts are unaudited, a common exemption for small companies, and no auditor is mentioned.

The increase in average employees during the period, from seven to ten, could be a sign of growth, but it also adds to operational costs. The company's investments fixed assets have increased, which could be a good sign, but the decrease in cash reserves is a concern. Overall, Automotive Wheels Ltd appears to be navigating a challenging environment, balancing growth with financial stability.

Registered in England/Wales under the registration number 04633696, with a registered address at TN15 6AR, West Kingsdown, Kent, Kings Lodge, London Road.

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