Keith Price Garages Limited

Keith Price Garages Ltd from Abergavenny UK: small company, active status, founded 39 years ago, 43 employees, £5,156,195 assets, real address, 3 directors, 1 owner, solo founder. Regular importer of furniture, lighting, and prefabricated buildings (7 months imported). It’s a family-run Peugeot, Jeep, and Subaru Main Dealer and Volvo and Mitsubishi Approved Service Centre, situated on Abergavenny, South Wales. The company’s strength is Customer Care, believing in one customerone relationship, supported by 45 years experience in the Motor Trade.

The business operates from a real address, with three directors and a single owner – a solo founder – overseeing its operations. It’s a small company, meeting two of the three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company has been around for nearly four decades, incorporated on March 21, 1986, and currently employs 43 people.

Keith Price Garages Ltd’s website showcases a wide range of new and used vehicles, including Peugeot, Subaru, Jeep, Volvo, and Mitsubishi models. It offers both online browsing and in-person test drives, and has a showroom. The site also highlights service and parts departments, and even offers financing options. The company's website is well-designed and easy to navigate, with a focus on customer service and a wide selection of vehicles.

Looking at the company’s financial data, there are some interesting trends. Property plant equipment has seen a decrease, with furniture fittings dropping by 23%, leasehold improvements by 13%, and motor vehicles experiencing a significant 350% increase. Bank borrowings have also increased, reaching £80,000, while cash reserves have fallen by 77%. Creditors have decreased by 28%, suggesting better debt management. It’s worth noting that the company’s net assets have increased by 7.7% to £2.7 million.

The company’s small size and family-run nature likely contribute to its agility, but the decrease in cash reserves and increase in bank borrowings raise questions about its financial health. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company, so the figures rely on unaudited statements. Overall, Keith Price Garages Ltd appears to be a stable business, but it’s facing some financial pressures.

Registered in England/Wales under the registration number 02002740, with a registered address at NP7 5DB, Abergavenny, Monmouthshire, Merthyr Road Garage, Merthyr Road.

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