Golf Car Uk Ltd

Golf Car UK Ltd, based in Salisbury, UK, is a small, active company established 22 years ago. With 22 employees and a virtual address, the business operates with three directors and two owners. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), having imported for 15 months and exported for 5 months.

The company's website showcases a wide range of golf buggies, utility vehicles, and hospitality vehicles, catering to both rental and sales markets. It operates a showroom and even offers custom design options. The site highlights its partnerships with brands like EZGO and Cushman, emphasizing reliability, value, and efficiency. It also provides services like GPS tracking, vehicle health checks, and onsite working support. Customer testimonials are prominently displayed, reinforcing the company's reputation for excellent service. The website clearly functions as an e-commerce platform, allowing customers to browse products, request quotes, and even design their own buggies.

Financially, Golf Car UK Ltd presents a mixed picture. Property, plant, and equipment have increased by 36%, indicating investment in assets, while cash reserves have plummeted by a staggering 93%, leaving only £19,000 on hand. Bank borrowings have remained stable, but creditors have decreased significantly by 38%, suggesting improved debt management. Net assets have increased by 53%, but this is largely due to a rise in equity. Trade debtors have fallen by 44%, which could be a positive sign of quicker payment cycles. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned is likely due to its small size.

The significant drop in cash reserves, despite increased assets, warrants closer attention. It's possible the company is reinvesting profits into growth, but the trend suggests a need for careful cash flow management. The company’s focus on new and used vehicles, coupled with its online presence, positions it well in the UK market, but the financial pressures require ongoing monitoring.

Registered in England/Wales under the registration number 04616458, with a registered address at SP3 4UF, United Kingdom, Salisbury, Wiltshire, Hitchcock House Hilltop Park, Devizes Road.

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