Chiptuningshop Ltd

Chiptuningshop Ltd, based in Kings Langley, UK, is a small, active company established thirteen years ago. With five employees and £1,905,834 in assets, it operates from a real address and is overseen by two directors and a single owner. The company regularly imports and exports electrical machinery and equipment – ninety-five months of import activity and sixty-one months of export activity recorded, with the most recent operations in January 2025.

The company’s website reveals a specialist supplier to the chip tuning industry, offering a wide range of professional equipment and software. It’s a one-stop shop for tuners, stocking brands like Alientech, AMTCartech, and BitSoftware. The site also offers used equipment and finance options, catering to both individual tuners and larger businesses. They even have a section dedicated to specialist knowledge, offering impartial advice on equipment selection. The site is well-designed and clearly geared towards a B2B audience.

Financially, Chiptuningshop Ltd shows a mixed picture. While net assets grew by 9.2% to £2,500,000, cash reserves took a significant hit, dropping 88% to £130,000. Trade debtors increased substantially, rising 160% to £1,600,000, which could indicate a shift towards larger customer contracts, or potentially delayed payments. Creditors also decreased, suggesting improved debt management. 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 agility, but the decline in cash reserves warrants attention. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Chiptuningshop Ltd appears to be a well-established player in a niche market, but the recent financial trends suggest a need for careful cash flow management.

Registered in England/Wales under the registration number 07943038, with a registered address at WD4 8FR, England, Kings Langley, Unit 11 Abbots Business Park, Primrose Hill.

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