County Classics Limited

County Classics Limited, based in Maidstone, Kent, UK, is a small, active company with a 20-year history. Founded in 2004, it employs just two people and holds £40,056 in assets. With a real registered address and a single director and owner (Clarke Duncan), it’s a solo-founder operation. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with four months of import activity recorded, the last in February 2022.

The company operates in the maintenance and repair of motor vehicles industries. Its website is non-existent, so it’s unclear if they have an e-commerce presence or primarily operate through other channels.

Financially, County Classics Limited shows a concerning trend. Current assets have plummeted by 47%, dropping to £40,000. Equity has also seen a significant decline, falling 63% to just £2,400. Bank borrowings remain unchanged, and fixed assets have decreased slightly. Creditors have also decreased, which is a positive sign. 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 sharp decline in equity is a cause for concern. The accounts are unaudited and exempt from audit, relying on director-reported data.

It seems the company may be facing some financial headwinds. While it’s difficult to say definitively without more information, the drop in assets and equity suggests it’s burning through cash, though it’s managing its debts well. It’s possible the import slowdown has impacted revenue, or perhaps there are unexpected expenses.

Registered in England/Wales under the registration number 05248017, with a registered address at ME16 8TX, United Kingdom, Kent, 61 London Road, Maidstone.

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