Garagepride Limited

Garagepride Ltd from Chester, UK, is a small holding company with an active status, established 17 years ago in 2007. The company employs four people and holds £452,282 in assets. It operates from a virtual address, registered with 22 other companies, and is managed by three directors and one owner. Garagepride Ltd runs an e-commerce site and boasts a perfect 5.0 Google rating based on a single review. It’s an irregular exporter of electrical machinery and equipment, with two months of export activity recorded.

The company’s website, Garagepride, focuses on providing storage solutions for garages, offering a range of modular cabinets, floor tiles, wall storage, and accessories. It caters to both residential and commercial customers, emphasizing quality, durability, and ease of installation. The site also highlights a service for garage interior design and installation, suggesting a broader offering beyond just product sales. It’s a nice looking site, though Javascript seems to be disabled.

Financially, Garagepride Ltd presents a mixed picture. Cash reserves have taken a hit, dropping 75% to £69,000, which is a big change. Trade debtors have increased significantly, by 960%, reaching £350,000, which could indicate challenges in collecting payments. On the positive side, creditors have decreased slightly, by 6.1%, to £130,000, suggesting improved debt management. The company meets the criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the accounts are unaudited.

The sharp decline in cash and the surge in debtors are concerning, though, and it’s not clear what caused them. Perhaps it’s a seasonal fluctuation or a one-off event. The company’s holding status suggests it might have other investments or subsidiaries, but the financial report doesn’t provide details.

Registered in England/Wales under the registration number 06403427, with a registered address at CH4 9RF, United Kingdom, Chester, C/O Montacs, International House Kingsfield Court, Chester Business Park.

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