Changan Uk R & D Centre Limited

Changan UK R & D Centre Ltd, based in Birmingham, is a medium-sized company holding company with an active status. Founded fourteen years ago in 2010, it employs sixty-one people and holds assets worth £6.65 million. Its yearly revenue is reported at £10.2 million, and it has a real address with just one director and one owner. The company boasts a Google rating of 4.0 based on seven reviews. It regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 38 months of import activity and 5 months of export activity.

The company's website highlights its focus on developing Changan iDD hybrid systems, positioning itself as a vital part of Changan Automobile’s future strategy. It operates as a technology news, careers, and about center, with a focus on research and development. The site also includes contact information and privacy policies.

Financially, the company has seen some interesting trends. Accrued liabilities have increased significantly, jumping from £13,000 to £340,000—a massive 2600% increase. Deferred income has decreased, and the company's investment in a joint venture has increased. However, cash and bank balances have also fallen by 18%, and current assets have decreased by 21%. Despite these challenges, turnover has risen by 23%, suggesting increased sales activity. The company’s auditors, Shinewing Wilson Accountancy Limited, have given the financial statements a clean opinion.

Overall, Changan UK R & D Centre Ltd appears to be a company navigating a period of change. While it’s showing signs of growth in revenue, the increased liabilities and decrease in cash reserves suggest it might be burning through money. The increased liabilities could be due to investments in new technologies or expansion plans, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 07295448, with a registered address at B37 7YG, United Kingdom, Birmingham, Building 3500 Parkside, Birmingham Business Park.

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