Dragon Automotives Limited

Dragon Automotives Limited, based in Chesterfield, UK, is a small, family-run business with an active status. Founded 25 years ago in March 2000, the company employs 35 people and holds assets worth £1,100,075. It operates from a real address and is overseen by five directors and two owners. The business regularly imports electrical machinery and equipment, with four months of import activity recorded, and exports vehicles, parts, and accessories—a five-month record.

The company’s website highlights its specialization in major mechanical vehicle repairs, offering solutions for everything from accidental misfuelling to engine replacements. It caters to insurance work, fleet repairs, and hybrid/electric vehicle maintenance, with a focus on cost-effectiveness and customer satisfaction. The site also showcases a "Smart Workshop" feature, providing clients with real-time updates throughout the repair process. Dragon Automotives has been in business since 1997, and prides itself on its expertise and commitment to sustainability.

Financially, Dragon Automotives shows a mixed picture. Cash reserves have impressively grown by 110%, reaching £420,000, while current assets have also increased by 22% to £1,100,000. However, net assets have risen by a substantial 29%, reaching £810,000, which is a positive sign. Creditors have decreased by 42%, suggesting improved debt management. 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 increased other creditors and social security payable, up 54%, could be a cause for concern. No auditor is mentioned, which is likely due to the company being exempt as a small entity.

The trend of increased cash reserves and assets is encouraging, but the rise in liabilities warrants closer attention. Dragon Automotives seems to be navigating the challenges of a growing business, balancing increased activity with careful financial management—though it’s clear there is a lot of work to be done.

Registered in England/Wales under the registration number 03943218, with a registered address at S41 9BT, Chesterfield, Derbyshire, Henry Street, Whittington Moor.

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