Elite Vehicle Supplies Ltd

Elite Vehicle Supplies Ltd, based in Stokesley, UK, is a small, family-run business with an active status. Founded four years ago in 2020, the company employs just four people and holds £1,568,166 in assets. It operates from a real address and is overseen by two directors and two owners. The company is a regular exporter of machinery, boilers, and mechanical appliances, with 19 months of export activity recorded, the latest in December 2024. However, it’s also an irregular importer of optical and medical tools, with just two months of import activity.

The company's website, Elite Vehicle Supplies, positions itself as a specialist in bus safety equipment and services. It offers a range of products, including automatic fire suppression systems, driver fatigue systems, and induction loop kits. They also provide bespoke projects and maintenance services, catering to the bus and coach industry. The website highlights a team of experienced professionals and a commitment to innovation, even mentioning a focus on Vision Zero safety initiatives.

Financially, Elite Vehicle Supplies Ltd shows a mixed picture. Current assets have increased significantly, jumping 170% to £1,600,000, while net assets have also risen dramatically, increasing 280% to £720,000. Cash reserves have also seen a healthy increase, rising 51% to £320,000. However, creditors have also increased substantially, ballooning 120% to £870,000. Trade debtors have seen an even larger increase, jumping 230% to £1,200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Elite Vehicle Supplies Ltd appears to be financially healthy, with growing assets and cash reserves. However, the significant increase in creditors and debtors suggests that the company may be relying on credit to fund its operations, and that it is experiencing some challenges in collecting payments from its customers. It’s a good sign that the company is growing, but it will need to manage its finances carefully to ensure that it can sustain its growth in the long term.

Registered in England/Wales under the registration number 12569785, with a registered address at TS9 7AE, England, Stokesley, North Yorkshire, Unit 15 Terry Dicken Industrial Estate, Station Road.

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