Chequered Flag (gb) Ltd

Chequered Flag Gb Ltd, based in Barnsley, UK, is a small, active company established 24 years ago. With six employees and £1,460,666 in assets, it operates from a virtual address – a detail flagged by the fact 99 companies are registered at the same location. The company is led by one director and two owners, and boasts a stellar 5.0 Google rating from 284 reviews. It’s an irregular importer, primarily dealing in art and antiques, with the last import activity recorded in January 2025.

The company’s website reveals its core business: the sale of used cars and light motor vehicles. It operates from a location in Leeds, West Yorkshire, and offers a wide selection of vehicles across various makes and models, from ABARTH to Volkswagen. The site features a robust search function allowing customers to filter by price, age, fuel type, and other criteria. It’s clearly designed for e-commerce, though it doesn’s a fully automated system.

Financially, Chequered Flag Gb Ltd presents a mixed picture. While current assets increased by 4.1% to £1,500,000, net assets remained steady at £900,000. Bank borrowings jumped 19% to £420,000, and creditors also rose 13% to £540,000, suggesting increased reliance on credit. Cash reserves remained stable at £320, although it's a small amount. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in debt warrants closer attention. No auditor is mentioned, likely due to the small company exemption.

The company’s success appears to hinge on its ability to manage its debt while maintaining its reputation for quality used vehicles. The virtual address and reliance on credit also raise questions about its long-term sustainability, though the high Google rating suggests strong customer satisfaction.

Registered in England/Wales under the registration number 04190463, with a registered address at S70 2SB, Barnsley, South Yorkshire, Old Linen Court, 83-85 Shambles Street.

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