Heritage Auto Werks Limited

Heritage Auto Werks Limited, based in Staines-Upon-Thames, UK, is a small, active company founded eleven years ago in 2014. The business, with £218,069 in assets, operates from a real address and is led by a single director and owner, Cranmer Gregory Steven, who is also the solo founder. Heritage Auto Werks is a regular importer, specializing in vehicles, parts, and accessories (excluding trains and trams), with 9 months of import activity recorded, the latest being November 2023.

The company’s website reveals a focus on Porsche servicing and custom builds. It’s a specialist in air-cooled Porsche restoration and modification, catering to private collections and undertaking special projects. The website highlights owner Greg Cranmer’s 35 years of experience and emphasizes a commitment to quality craftsmanship. It’s a small operation, with no employees listed, and a focus on a niche market.

Financially, Heritage Auto Werks Limited presents a mixed picture. While current assets increased by 29% to £220,000, net assets declined by 15% to £41,000. Bank borrowings surged by 210%, reaching £12,000, and cash reserves fell by 18% to £30,000. Creditors also increased significantly, by 110%, to £200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity and rise in debt suggests potential financial pressure. No auditor is mentioned, which is common for small, exempt companies.

Overall, Heritage Auto Werks Limited appears to be navigating a challenging environment. While its Porsche-focused services seem to be in demand, the financial data indicates a need for careful management to ensure long-term sustainability. It's a small business with a specialist focus, but the recent trends warrant close attention.

Registered in England/Wales under the registration number 09003356, with a registered address at SL3 9DJ, England, Slough, 34 B Mulberry Cottage Montagu Road, Datchet.

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