Car Audio & Security Limited

Car Audio & Security Limited is a small, active company based in Hayes, Middlesex, UK. Founded 26 years ago in March 1999, it employs 42 people and holds £3,779,358 in assets. The company, a family business, operates an e-commerce site and boasts a real registered address. With one director and two owners, it’s a tight-knit operation. The business regularly imports and exports electrical machinery and equipment, with 362 months of import activity and 46 months of export activity recorded.

The company's website showcases a vast range of car audio and security products, from stereos and speakers to alarms and tracking systems. It caters to a wide range of vehicle makes and models, offering both in-store and online sales. The site’s extensive product catalog and detailed specifications suggest a focus on providing customers with a comprehensive selection of high-quality components. It’s a very large site, with a lot of detail.

Financially, Car Audio & Security Limited presents a mixed picture. While net assets remained relatively stable at £2.1 million, cash reserves decreased by 130% to £430,000. Trade creditors increased significantly by 140% to £400,000, which could indicate increased purchasing activity or delayed payments from suppliers. On a positive note, cash bank increased by 130%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 100 employees) helps it remain flexible, but the rise in creditors suggests a need for careful cash flow management. The company is exempt from an audit, so the numbers are unaudited.

The company’s consistent import and export activity demonstrates its engagement in international trade. The growth in creditors, however, could be a sign of financial pressure, or perhaps a strategic decision to extend credit terms to customers. The business is doing well, but it needs to keep an eye on its cash flow.

Registered in England/Wales under the registration number 03740069, with a registered address at UB3 3NF, Middlesex, 6a Bilton Way, Hayes.

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