Evok3 Performance Ltd

Evok3 Performance Ltd is a small, active company based in Thame, UK, founded six years ago in 2019. With two employees and £487,544 in assets, it operates from a real address and is led by one director and two owners—a family business. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 178 months of import activity and 144 months of export activity recorded.

The company’s website showcases a wide range of automotive performance parts, catering to enthusiasts and professionals alike. It’s primarily an e-commerce operation, with a vast catalog of products from brands like Vibrant Performance, Turbosmart, Garrett, and AEM. The site is well-organized, allowing customers to browse by product, vehicle, or brand. It also features a blog with technical articles and product reviews, suggesting a focus on building expertise and engaging with its target audience. There’s no obvious indication of a physical storefront or showroom.

Financially, Evok3 Performance Ltd presents a mixed picture. Cash bank on hand has decreased by a significant 34%, dropping to £83,000, while current assets have fallen by 17% to £490,000. Trade debtors have also decreased by 27%, to £91,000. However, creditors have seen a more substantial drop, falling 46% to £91,000, which could indicate improved debt management. Net assets remain stable at £190,000. The company’s small size—meeting two of three criteria for a small company—helps it maintain agility, but the decrease in cash reserves warrants attention. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The company’s focus on automotive performance parts and its well-designed e-commerce platform suggest a strong potential for growth. However, the decrease in cash reserves highlights the need for careful financial management to ensure long-term sustainability.

Registered in England/Wales under the registration number 11911321, with a registered address at OX9 3JS, England, Thame, 53 East Street.

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