Borg Automotive Uk Limited

Borg Automotive Uk Ltd, based in Wednesbury, UK, is a holding company with an active status, established sixteen years ago in 2008. Employing 122 people, the company holds assets valued at £8,794,741. It operates from a real address and is managed by one director and one owner. Boasting a Google rating of 4.0 based on ten reviews, Borg Automotive is a regular importer and exporter of vehicles, parts, and accessories (excluding trains and trams), with 184 months of import activity and 81 months of export activity.

The company’s website reveals a more complex business structure. Borg Automotive Group operates through three main divisions: Borg Automotive Reman, specializing in remanufacturing automotive parts; CPI, which remanufactures parts for other brands; and Borg Automotive Newman, a trading company offering wear products. These divisions cater to both original equipment manufacturers and the aftermarket, with a focus on quality and sustainability. The website highlights a commitment to circular economy principles and participation in UN Sustainable Development Goals.

Financially, Borg Automotive Uk Ltd shows some concerning trends. While revenue remained steady at £14 million, net assets declined by 19% to £11 million. Bank borrowings increased by 61%, reaching £2.9 million, and cash reserves fell 180% to just £93,000. Creditors also rose by 26%, suggesting increased short-term liabilities. However, finished goods decreased by 37%, indicating potential inventory management challenges. The company’s average number of employees increased by 14%, reflecting growth in operations. Despite these challenges, the company’s strong asset base and established business areas provide a foundation for future success. The accounts were audited by Thorne Widgery Accountancy Ltd.

Registered in England/Wales under the registration number 06586098, with a registered address at WS10 7BJ, England, Wednesbury, West Midlands, Units 13-15 Newman Park Western Way.

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