French Classics Limited

French Classics Ltd, based in Chatham, UK, is a small, active company founded 26 years ago in 1999. With just one employee and £110,474 in assets, it operates from a virtual address – a detail highlighted by the fact that 190 companies are registered at the same location. The business is led by a single director and owner, Olivier Houiller Francis, who also acts as the solo founder. It boasts a stellar 5.0 Google rating from 15 reviews. The company is an irregular importer, primarily dealing in vehicles, parts, and accessories (excluding trains and trams), with its last import activity recorded two months ago.

French Classics Ltd specializes in Citroen DS restoration, sales, and parts. Its website showcases a passion for classic Citroen cars, particularly the DS model, stemming from Olivier Houiller’s French background. The business offers car sales, servicing, and parts, and even has a showroom in Harrods, London. It’s clear that the company is passionate about the brand and its history.

Financially, French Classics Ltd presents a mixed picture. While cash bank on hand increased by a respectable 35% to £81,000, current assets remained steady at £110,000. However, trade debtors have surged by a staggering 580%, reaching £5,000, which could indicate issues with customer payments. Creditors have also decreased by 12%, which is a good sign. The company’s small size (meeting two of three conditions for a small company) allows it to remain nimble, but the increase in debtors is something to watch. The company is exempt from an audit, so the financial statements are unaudited.

Overall, French Classics Ltd seems to be holding its own, but the sudden increase in outstanding debts suggests a need for closer attention to cash flow management. The company’s strong reputation and passion for classic Citroens, however, provide a solid foundation for continued success.

Registered in England/Wales under the registration number 03705021, with a registered address at DA1 1PX, England, Dartford, Kent, Suite 11,1st Floor Front Studio Hawley Manor, Hawley Road.

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