Classic Cars (uk) Limited

Classic Cars (UK) Limited, based in Edgware, Middlesex, is a small, family-run business with an active status. Founded 22 years ago in 1992, the company employs just three people and boasts assets of £6,952,902. It operates from a real address and is managed by one director and two owners. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with three months of import activity recorded, the latest in February 2024. It also exports these same items, with a substantial 176 months of export activity, the latest in February 2025.

The company’s website showcases a high-end automotive business specializing in bespoke automotive services, sales, sourcing, and finance. It features a curated inventory of rare vehicles, including Lamborghinis and Range Rovers, and offers services like sourcing, finance, and even selling your car. Customer testimonials highlight excellent service and a positive buying experience. The website also includes a showroom address and contact information, indicating a physical presence alongside its online operations.

Financially, Classic Cars (UK) Limited presents a mixed picture. While current assets increased by 38% to £7,000,000, net assets rose by 22% to £4,300,000, and equity increased by 22% to £4,300,000, several key metrics have declined. Bank borrowings dropped dramatically by 98%, reducing to just £10,000, and cash reserves fell by 75% to £12,000. Trade debtors, however, ballooned by 170%, reaching £3,000,000, suggesting potential issues with customer payments. Creditors also increased significantly by 150% to £1,500,000. 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 decrease in cash reserves and the rise in trade debtors warrant attention. With no auditor mentioned, the figures are unaudited.

In conclusion, Classic Cars (UK) Limited appears to be navigating a period of change. While it maintains a strong online presence and positive customer feedback, the financial data suggests a need to manage cash flow and customer payments more effectively. The company’s family ownership and niche focus on rare vehicles could be key to its long-term success, but careful financial management will be crucial.

Registered in England/Wales under the registration number 04464424, with a registered address at HA8 6LE, England, Middlesex, 30 Whitchurch Lane, Edgware.

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