Canford Classics Ltd

Canford Classics Ltd is a small, family-run business based in Blandford Forum, UK, with an active trading status. Founded ten years ago in 2014, the company employs seven people and holds £793,947 in assets. It operates from a real address and is led by two directors and owners, Drayson Alan Timothy and Drayson Dominique Claire. The company runs an e-commerce site specializing in classic Porsche restoration, parts, and sales. It also imports furniture, lighting, and prefabricated buildings, with two months of import activity recorded, and exports optical and medical tools and devices, with one month of export activity.

The company’s website showcases a meticulous approach to vintage Porsche restoration, offering services from full restorations to parts fabrication and sales. It also has a showroom in Harrods, London. The website emphasizes expertise, passion, and a commitment to British craftsmanship. The company’s blog and events section highlight its involvement in the classic Porsche community.

Financially, Canford Classics Ltd shows a mixed picture. Cash bank on hand decreased by 43% to £130,000, while net assets increased by 40% to £400,000. Creditors decreased by 57% to £7,500, suggesting improved debt management. However, corporation tax payable increased by 41% to £56,000. Bank borrowings decreased by 16% to £70,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Canford Classics Ltd appears to be financially stable, but the decrease in cash reserves warrants attention. The company’s focus on Porsche restoration and its strong online presence suggest a niche market and dedicated customer base, which should help it continue to thrive.

Registered in England/Wales under the registration number 09154264, with a registered address at DT11 9AT, Blandford Forum, Dorset, The Old Hay Barn North West Farm, West Street, Winterborne Kingston.

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