Individual Specialist Cars Limited

Individual Specialist Cars Ltd, based in Birmingham, UK, is a small, active family business established nineteen years ago. With forty-seven employees and £1,942,477 in assets, it operates from a real address and is overseen by three directors and two owners. The company boasts a stellar 5.0 Google rating based on 290 reviews. It’s an irregular importer, primarily bringing in vehicles, parts, and accessories—the last import occurred in August 2024.

The company's website, while not providing detailed e-commerce functionality, indicates a focus on vehicle repair and sales, including used cars and light motor vehicles. It also highlights expertise in restoration and self-play system integration for pianos.

A review of the company’s financials reveals a mixed picture. While cash reserves increased by 14% to £180,000, net assets decreased by 6.6% to £630,000. Trade debtors fell by 19% to £880,000, which could reflect improved collections or a shift in credit policy. However, bank borrowings surged by 2,400% to £29,000, and creditors rose by 2.2% to £80,000, suggesting increased short-term debt. The company meets the criteria for a small business, with turnover below £10.2 million, assets under £5.1 million, and fewer than fifty employees. There’s no mention of an auditor, likely due to its small size and exemption from an audit.

Despite the increase in bank borrowings, the company’s strong Google rating and focus on specialist services—vehicle repair, restoration—suggest a solid foundation. The fluctuating financials may be a consequence of startup growth or changing market conditions, but the company’s ability to maintain a high customer rating indicates resilience.

Registered in England/Wales under the registration number 05778160, with a registered address at B18 7QD, England, Birmingham, 43 - 59 Western Road, Hockley.

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