High-spec Limited
- Small
- Active
- 28 years
- 9 employees
- £686,706 (assets)
- Real address
- 4 directors
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
High-Spec Cars Ltd, based in Kings Langley, Hertfordshire, is a small, active company founded 28 years ago. With nine employees and £686,706 in assets, it operates from a real address and is overseen by four directors and a single owner. The company regularly imports used luxury performance vehicles and exports them across the UK.
The business focuses on sourcing and selling high-end used cars, offering services like live video viewings and nationwide delivery. Its website highlights a commitment to quality, with each vehicle inspected and warranted. The company also provides detailing and MOT services, aiming to be a one-stop shop for luxury car enthusiasts.
Financially, High-Spec Cars Ltd demonstrates a mixed picture. Cash reserves increased significantly by 43% to £570,000, a positive sign of liquidity. However, accrued liabilities jumped dramatically, rising 1400% to £140,000, and net assets increased by 15% to £420,000. Trade debtors have also increased by 250% to £70,000, which could indicate challenges in collecting payments. 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 increase in liabilities warrants attention. The company is regulated by the Financial Conduct Authority (FRN 1006003), and unaudited accounts are prepared. The rise in bank borrowings, up 2,400%, suggests a reliance on external funding.
Registered in England/Wales under the registration number 03299034, with a registered address at LE9 7GA, Earl Shilton, Leicester, Starlight House, Oaks Way.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 75%+
- 🇬🇧
Resident of United Kingdom
Managers
-
Individual
- 7 years
- 🇬🇧
Resident of United Kingdom
-
Individual
- 7 years
- 🇬🇧
Resident of United Kingdom
-
Individual
- 23 years
- 🇬🇧
Resident of United Kingdom
-
Individual
- 28 years
- 🇬🇧
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Register inspection address has been changed from Street Ashton Farmhouse Street Ashton Stretton Under Fosse Rugby Warwickshire CV23 0PH United Kingdom to Watling Offices Smockington Lane Wolvey Hinckley Leicestershire LE10 3AYDownload 1 page pdf report
-
Confirmation statement made on 2025-01-02 with no updatesDownload 3 pages pdf report
-
Secretary's details changed for Jayne Ann House on 2024-11-05Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about High-spec Limited
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