Kent Auto Developments Limited

Kent Auto Developments Ltd, based in Romney Marsh, UK, is a small, family-run business with an active status. Founded 29 years ago in 1995, the company employs twelve people and holds assets valued at £148,257. With a real address and three directors, it’s a well-established operation. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with five months of import activity recorded. It also exports these same items, boasting an impressive 182 months of export activity.

The company’s website, Kent Auto Developments, specializes in A-Series Classic Mini race and road engine parts. It offers a wide range of products, including brakes, steering, suspension, carburation, and engine ancillaries. The site also highlights engine building facilities and a gallery showcasing its work. The company even offers services such as engine dyno testing and flow bench testing. It’s clear that Kent Auto Developments is a specialist in Mini engine components, catering to both racers and enthusiasts.

Financially, Kent Auto Developments Ltd shows some concerning trends. Current assets have dropped significantly by 61% to £150,000, while net assets have fallen 22% to £370,000. Bank borrowings have also decreased by 21% to £12,000, and cash reserves have plummeted 92% to just £17,000. Trade debtors have also decreased by 33%, suggesting a possible slowdown in customer 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) helps it remain flexible, but the sharp drop in cash reserves raises questions about its short-term liquidity. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Kent Auto Developments Ltd appears to be a well-established business with a strong reputation in the Classic Mini parts market. However, the recent financial trends suggest it's facing some challenges, and it will be interesting to see how it navigates these pressures in the coming years.

Registered in England/Wales under the registration number 03085869, with a registered address at TN29 0DT, Romney Marsh, Kent, Brooker Farm, Newchurch.

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