Derwen Garage Limited

Derwen Garage Ltd from Carmarthenshire UK: a small, active company founded 17 years ago, employs eight people, and holds £338,259 in assets. It’s a real address with three directors and two owners, operating as a family business and boasting a stellar 5.0 Google rating from 47 reviews. They’re regular importers of vehicles, parts, and accessories (excluding trains or trams), with 31 months of import activity recorded.

The company's website is currently unavailable, making it difficult to fully understand their online presence and sales channels. It appears they primarily operate as a physical repair shop, offering maintenance and repair services for motor vehicles. No e-commerce functionality is evident.

Financially, Derwen Garage Ltd presents a mixed picture. Current assets have seen a significant increase of 92%, rising to £340,000. However, net assets have also increased by 15%, reaching £940,000. Bank borrowings have decreased by 60%, dropping to £5,300, and cash reserves have increased by 89%, reaching £310,000. Trade creditors have increased by 12%, reaching £520,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to small company exemption.

Overall, Derwen Garage Ltd appears to be in a reasonably healthy financial state, with increasing assets and strong cash reserves. The increase in creditors suggests they may be expanding operations or investing in new equipment. The lack of an online presence could be a missed opportunity, but their strong reputation and physical location may be sufficient for their business model.

Registered in England/Wales under the registration number 06424696, with a registered address at SA19 8DT, Carmarthenshire, Derwen Garage, Harford, Llanwrda.

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