Custom Car Mats Ltd

Custom Car Mats Ltd, based in Bradford, UK, is a small, active company founded seven years ago in 2018. With four employees and £118,078 in assets, it’s a solo-founded operation led by a single director and owner, Baig Rizwan. The company boasts a solid 4.0 Google rating from four reviews and regularly imports machinery, boilers, and mechanical appliances parts, with the last import activity recorded three months ago.

The company’s website, Custom Car Mats UK, is a fully-fledged e-commerce platform specializing in tailored car mats. Customers can select mats by make, model, and year of their vehicle, with options for ceramic coating and custom branding. The site emphasizes quality materials, UK manufacturing, and a 2-5 day turnaround time. It also offers a special order service for business logos or personalized gifts, promoting engagement through a Facebook page.

Financially, Custom Car Mats Ltd presents a mixed picture. Current assets remained stable at £120,000, while net assets increased by 13% to £46,000. Bank borrowings decreased by 13% to £63,000, and cash reserves also fell by 13% to £12,000. Trade debtors significantly decreased by 43%, suggesting improved collections. However, creditors increased by 92% within a year, and 84% in the last year, potentially indicating increased reliance on short-term financing. 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 rise in creditors warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Custom Car Mats Ltd appears to be holding its own, leveraging its online presence and focus on quality to serve a niche market. The rise in creditors, however, suggests a need for careful financial management to ensure long-term sustainability.

Registered in England/Wales under the registration number 11257314, with a registered address at BD3 9TF, England, Bradford, West Yorkshire, Unit 12 Gibson Street, Lonsgsdale Works.

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