Coachbuilt Gb Ltd

Coachbuilt Gb Ltd, based in Nuneaton, UK, is a small, active company founded fifteen years ago. Employing fifteen people and holding £1,358,271 in assets, it's a family-run business with four directors and a solo founder, Bull Jeffrey Colin, at the helm. The company boasts a stellar 5.0 Google rating from 47 reviews. It’s an irregular importer, specializing in machinery, boilers, and mechanical appliances—parts, with the last import operation occurring in May 2023.

Coachbuilt Gb Ltd operates in the manufacture of lifting and handling equipment industries, and its website showcases a unique niche: bespoke wheelchair-accessible leisure vehicles. It offers new and pre-owned motorhomes, caravans, and day vehicles, catering specifically to individuals with mobility needs. The company emphasizes customization, offering integrated healthcare access equipment like ceiling track hoists and profiling beds, and even collaborating with brand ambassadors for inspiration.

Financially, Coachbuilt Gb Ltd shows some concerning trends. Cash bank on hand has fallen dramatically by 94%, dropping to just £2,400. Bank borrowings have surged by a staggering 88,000%, reaching £18,000, and corporation tax payable has increased by 35% to £48,000. Creditors have also risen by 11%, reaching £1,300,000. On the positive side, debtors have increased by 16%, reaching £1,100,000, and prepayments have jumped significantly. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the sharp decline in cash reserves and increase in borrowing suggests it's burning through money faster than it's bringing it in. No auditor is mentioned, so the financial statements are unaudited.

Despite these challenges, Coachbuilt Gb Ltd’s focus on a specialized market and its commitment to accessible vehicles could provide a buffer against broader economic pressures. The company's ability to adapt and secure funding will be key to its long-term success.

Registered in England/Wales under the registration number 06920852, with a registered address at CV11 6RS, England, Nuneaton, 5 Kelsey Close Kelsey Close, Attleborough Fields Ind Estate.

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