Central Accident Management Services Ltd

Central Accident Management Services Ltd, based in Birmingham, UK, is a small holding company with an active status, having been founded 18 years ago in 2006. The company employs 12 people and holds £3,256,894 in assets. It has a real registered address, is managed by one director and one owner, and maintains a respectable Google rating of 4.0 based on 14 reviews. The company is an irregular importer of vehicles, parts, and accessories (excluding trains and trams), with its last import operation recorded 19 months ago in July 2019.

The company operates in the renting and leasing of cars and light motor vehicles industries. Its website indicates a focus on small claims assistance services, offering support for road accident claims. It appears to be a relatively straightforward business, serving as an intermediary between accident victims and insurance companies. The company’s website is simple and functional, lacking the complexity of a full-blown e-commerce platform. It's more of an information portal and lead generation tool.

Financially, Central Accident Management Services Ltd shows a mixed picture. Current assets increased by 8.6% to £3,300,000, while net assets grew by 10% to £3,100,000. Bank borrowings decreased significantly by -100% to zero, and cash reserves remained stable at £280,000. Creditors increased by 18% to £770,000, and trade debtors rose by 9.7% to £3,000,000. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble. The company has not taken any exemption under the Companies Act in not publishing its own profit loss account. The accounts are unaudited, likely due to the company's small size. There is no auditor mentioned. The company's growth in assets and net assets is encouraging, but the increase in creditors suggests a need to manage its liabilities effectively. The company's financial statements were prepared in accordance with FRS 102.

Registered in England/Wales under the registration number 05927767, with a registered address at B10 0EU, Highway, Birmingham, 25-39 Small Heath.

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