Elite Motorhomes Limited

Elite Motorhomes Limited, based in Banbury, UK, is a small, holding company with an active status. Established 27 years ago in 1997, it employs 26 people and holds assets totaling £4,996,298. While it operates from a registered address, seventy other companies share the same location, suggesting a virtual address. The company is led by four directors and has one owner, and it runs an e-commerce site with a respectable 4.0 Google rating from 184 reviews. It regularly imports vehicles, parts, and accessories—not for trains or trams—with 22 months of import activity recorded.

The company’s website showcases a wide range of new and used motorhomes from brands like Auto-Trail, Bailey, and Chausson. It offers financing options, a brochure download, and a valuation service. The site also highlights a service center for habitation checks, mechanical repairs, and MOT testing. It seems like they are really trying to be a one-stop shop for motorhome enthusiasts. They even have a "Party Weekend" promotion and are exhibiting at the Southern Motorhome Campervan Show.

Financially, Elite Motorhomes Limited presents a mixed picture. While current assets increased by 58% to £5,000,000, bank borrowings surged by 97% to £3,100,000. Trade creditors increased dramatically by 300% to £2,300,000, which could indicate a need to manage supplier payments more closely. Net assets, however, increased by 21% to £2,000,000, 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 100 employees) allows for agility, but the increase in debt raises questions about its long-term sustainability. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company's growth in assets and net assets is encouraging, but the sharp increase in creditors suggests a need for careful financial management. The reliance on imports, while a core part of their business, could be vulnerable to supply chain disruptions. It’s likely that the company’s success hinges on maintaining its strong online presence and providing excellent customer service.

Registered in England/Wales under the registration number 03454157, with a registered address at OX16 9AB, United Kingdom, Banbury, Oxfordshire, Gilmarde House, 47 South Bar Street.

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