Basildon Wheels Limited

Basildon Wheels Ltd, based in Basildon, UK, is a small, active company founded five years ago. With eight employees and £145,029 in assets, it operates from a virtual address—a bit unusual, as twelve companies share the same location. The business is led by a solo founder and director, Thompson Jaime, and enjoys a stellar 5.0 Google rating from 242 reviews. It's a regular importer, specializing in vehicles, parts, and accessories (excluding trains and trams), with 11 months of import activity recorded, the last in January 2025.

The company's website, DGT Wheels Tyres, positions itself as an alloy wheel sourcing specialist, offering a wide range of brands and services. It's not just an online store; it’s a full-service operation with a showroom and offers services like wheel refurbishment, repairs, alignment, and even vehicle servicing. The website prominently features promotions, like the Hunter 10 wheel alignment check, and offers custom wheel solutions. It's clear they're trying to build a reputation for expertise and personalized service.

Financially, Basildon Wheels Ltd presents a mixed picture. While net assets increased by a substantial 170%, from £8,100 to £22,000, cash reserves plummeted 97%, leaving just £100. Bank borrowings increased significantly, and trade debtors vanished completely. Creditors, however, decreased, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the dramatic cash decline is a concern. The lack of an auditor (likely exempt due to its size) means the figures are unaudited. It’s possible the company has invested heavily in inventory or equipment, but the sharp drop in cash warrants closer scrutiny.

Registered in England/Wales under the registration number 12341543, with a registered address at SS14 3JJ, United Kingdom, Basildon, 4 Capricorn Centre, Cranes Farm Road.

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