Equi-trek Limited

Equi-trek Limited, based in Sheffield, UK, is a sizable holding company with an active status, established thirteen years ago. Employing 130 people and boasting assets of £13,090,250, the company generates a yearly revenue of £24,626,107. With seven directors and a single owner, it operates from a real address and maintains a respectable Google rating of 4.0 based on 114 reviews. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 32 months of import activity and 203 months of export activity recorded.

Equi-trek’s website showcases its primary business: the manufacture of horseboxes and motor homes. However, it also reveals a secondary venture – a high-end piano restoration division, operating independently from Cambridge and even featuring a showroom in Harrods, London. This division specializes in museum-grade restorations, self-play system integrations, and disaster recovery services for damaged pianos, suggesting a diversification of business interests.

A review of Equi-trek’s financial data reveals a mixed picture. While current assets increased by 11.5% to £13,000,000, net assets decreased by 17.0% to £5,100,000. Bank borrowings decreased by 67.0% to £160,000, which could indicate a reduction in debt, but cash reserves increased by 71% to £1,900,000. Creditors decreased by 16.0% to £8,200,000, suggesting improved debt management. The company meets two of three criteria to be classified as a large company, with turnover over £36 million, balance sheet total over £18 million, and average number of employees over 250. The company’s auditor is Xeinadin Audit Limited.

The decrease in net assets, despite the increase in cash, could be attributed to increased investment in the piano restoration division, or perhaps increased expenses related to the horsebox manufacturing. The reduction in bank borrowings is a positive sign, but the long-term sustainability of the company will depend on its ability to generate consistent profits and manage its liabilities effectively.

Registered in England/Wales under the registration number 07983005, with a registered address at S36 4GS, Sheffield, South Yorkshire, Montgomery House Sheephouse Wood, Stocksbridge.

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