Ingliston Driving Experiences Limited

Ingliston Driving Experiences Ltd is a small, active company based in Hammerwich, UK, founded five years ago in 2019. With £93,026 in assets and two employees, it operates as a solo founder venture, overseen by two directors. The company has a real registered address and runs an e-commerce site, offering driving experiences and related services. It’s an irregular importer, primarily bringing in vehicles, parts, and accessories (excluding trains and trams), with its last import activity recorded one month ago. The business also engages in retail via mail order houses or via internet, renting and leasing of recreational and sports goods, travel agency activities, and other amusement and recreation activities.

The company’s website, Ingliston Driving Experiences, showcases a range of driving experiences, from supercar days to off-road adventures, catering to enthusiasts and corporate events. It’s clear they’re focused on providing memorable driving experiences, with a strong emphasis on safety and professional instruction. The site highlights the variety of vehicles available and the expertise of their instructors, suggesting a customer-centric approach.

Financially, Ingliston Driving Experiences Ltd presents a mixed picture. While current assets increased by 130% to £93,000, net assets decreased by 38% to £67,000. Bank borrowings decreased by 69%, reaching £15,000, and cash reserves increased dramatically by 10000%, reaching £79,000. Creditors decreased by 130%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decrease in net assets warrants closer examination. The company’s increased bank borrowings and creditors may indicate a need for more capital to support its growth. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The increase in depreciation for motor vehicles and plant machinery may suggest investment in new equipment, which could be a positive sign for the future. However, the decrease in trade debtors, while positive, could also indicate a slowdown in customer payments. Overall, Ingliston Driving Experiences Ltd seems to be navigating a period of transition, balancing growth with financial stability.

Registered in England/Wales under the registration number 12286871, with a registered address at WS7 0LG, England, Hammerwich, Staffs, Highash Grange, Meerash Lane.

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