Cvam Limited

Cvam Limited, based in Denbigh, North Wales, is a large, active company established sixteen years ago. Boasting £11,080,850 in assets and a yearly revenue of £10,952,022, it’s a significant player in the commercial vehicle sector. The company, with three directors and two owners, holds a stellar 5.0 Google rating from sixteen reviews. Regular exports of vehicles, parts, and accessories—excluding trains and trams—have been ongoing for twenty-seven months, with the latest export operation occurring in October 2024.

Cvam Limited specializes in the resale of used commercial vehicles, plant, and machinery, operating a large stock of tractor units, riged trucks, and trailers. The company’s website showcases a comprehensive inventory, searchable by make, model, year, axle configuration, and price range. It also offers services like vehicle deliveries, finance options, rentals, and even handles vehicle exports, providing shipping agent partnerships to simplify the process. The site also features a “Trucks Wanted” section, indicating a willingness to purchase vehicles from sellers.

Financially, Cvam Limited's performance presents a mixed picture. While turnover increased by 5.1% to £11,000,000, net assets decreased by 11.7% to £7,200,000. Bank borrowings rose by 138% to £320,000, and cash reserves fell 15% to £17,000,000. Creditors decreased by 29% to £240,000, suggesting improved debt management. The company meets two of three criteria for a large company: turnover exceeding £36 million and balance sheet total exceeding £18 million, but it has no employees reported. With no auditor mentioned, the financial statements are unaudited.

The surge in bank borrowings and the decline in cash reserves could indicate increased investment in inventory or expansion efforts. The company's strong Google rating and active export operations suggest a healthy demand for its products, but the financial data warrants close monitoring. It’s likely the company is experiencing some turbulence, but it’s still a strong business.

Registered in England/Wales under the registration number 06667027, with a registered address at LL16 5SU, Denbigh, Dyffryn Trading Estate, Rhyl Road.

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