Autoquip (gb) Garage Equipment Ltd

Autoquip (gb) Garage Equipment Ltd, based in Chilham, UK, is a small, active company founded thirteen years ago in 2011. With 21 employees and £1,675,892 in assets, it operates from a real address and is a family business, boasting a perfect 5.0 Google rating from eight reviews. The company regularly imports machinery, boilers, and mechanical appliances, with parts imported for 43 months, the latest activity occurring in February 2025. It runs an e-commerce site, and is managed by three directors and two owners, Davis Benjamin Courtenay and Davis Brian Keith.

The company’s website showcases a wholesale business specializing in garage equipment, catering to a range of automotive needs. It’s clear that Autoquip is focused on supplying quality products to the automotive industry. While the website doesn's offer a lot of detail, it's clear they are focused on the wholesale of equipment.

Financially, Autoquip (gb) Garage Equipment Ltd presents a mixed picture. While current assets grew by a healthy 19% to £1.7 million, net assets took a significant hit, plummeting 42% to £62,000. Bank borrowings increased by 11%, reaching £14,000, while cash reserves declined by 14% to £63,000. Trade creditors decreased by 18%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The average number of employees has increased by 14% to 24.

The company’s financial statements are unaudited, likely due to its small size. The decrease in equity is a concerning trend, and the increase in bank borrowings suggests a need for careful cash flow management. The company’s reliance on imports, as evidenced by the 43-month import history, could also expose it to supply chain risks. Overall, Autoquip (gb) Garage Equipment Ltd appears to be a stable, family-run business, but its financial health warrants close monitoring.

Registered in England/Wales under the registration number 07735195, with a registered address at CT4 8AH, Chilham, Kent, Yew Tree Barn, Mulberry Hill.

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