Haydock Commercial Vehicles Limited

Haydock Commercial Vehicles Ltd from Warrington UK is a large, active company established 40 years ago, in 1984. Employing 239 people and boasting assets of £106,784,092, it's a significant player in the UK commercial vehicle sector. With four directors and one owner, and a respectable Google rating of 4.0 based on 107 reviews, the company has a solid reputation. It regularly imports vehicles, parts, and accessories (excluding trains and trams), with three months of import activity, and exports the same items, having done so for 35 months.

The company operates as a Scania dealer, providing sales, servicing, and parts for Scania commercial vehicles. Its website highlights a commitment to customized heavy trucks, buses, and engines, emphasizing sustainable transport solutions. It also features a Scania calendar series showcasing customer operations and a focus on driving the future with smart dash technology. The company is dedicated to providing excellent customer service and offers a range of services, including workshop services, parts, and driver services.

Financially, Haydock Commercial Vehicles Ltd presents a mixed picture. While turnover increased by 5.8% to £140 million, net losses deepened to -£6.2 million. Cash bank on hand decreased by 15% to £9.2 million, and bank borrowings surged by 87% to £6.9 million. Creditors increased significantly, by 110% to £92 million, indicating a greater reliance on short-term financing. However, staff costs remained stable at £11 million, and the company’s director remuneration decreased by 43%. The company's assets are valued at £17 million. The auditor is MHA, and the accounts are audited.

These trends suggest the company is experiencing growth but also facing increased financial pressures. The surge in creditors and the decrease in cash reserves could be attributed to increased investment in inventory or expansion efforts. It’s possible that the company is navigating a challenging economic climate, or that it’s strategically leveraging debt to fuel growth.

Registered in England/Wales under the registration number 01852976, with a registered address at WA5 4AH, England, Warrington, Unit 4 Lockheed Road, Burtonwood.

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