J K Vehicle Movements Limited

Jk Vehicle Movements Ltd from Lincoln UK: a small company, holding company, and active status, has been operating for eighteen years. Employing thirty-seven people, it holds assets valued at £1,962,269 and boasts a real address. With four directors and one owner, and a stellar 5.0 Google rating based on twenty-five reviews, the company is a well-regarded player in its sector. It’s an irregular importer of vehicles, parts, and accessories (excluding trains and trams), with just one month of import activity recorded as of December 2022.

The company’s core business revolves around freight transport by road, specializing in the movement of vehicles. Its website highlights a comprehensive service offering, from moving fleets and large commercial vehicles to transporting vintage and specialist cars. It provides a powerful mapping system to track vehicles across Europe and emphasizes safety and efficiency. The site also features testimonials from satisfied customers praising the company’s professionalism and friendly staff. A "Recruiting" section suggests the company is expanding its team.

Financially, Jk Vehicle Movements Ltd presents a mixed picture. While fixed assets increased by a significant 32%, cash reserves dramatically decreased by 85%, falling to just £33,000. Bank borrowings rose by 5.6%, reaching £630,000, and creditors increased by 22%, hitting £1.8 million. Debtor levels also rose by 22%, indicating a potential issue with customer payments. Despite these challenges, net assets increased by 3.4% to £1.5 million. The company’s small size—meeting two of three criteria for being a small company—allows for agility, but the decrease in cash reserves warrants attention. The company is exempt from an audit, so the financial information is unaudited.

Overall, Jk Vehicle Movements Ltd appears to be a reputable and well-regarded company facing typical growing pains. Its focus on specialized vehicle transport and commitment to customer service positions it well for future success, but managing its cash flow will be key.

Registered in England/Wales under the registration number 06253238, with a registered address at LN3 4PL, England, Lincoln, Unit 13 Wavell Drive, Witham Point Business Park.

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