King's Lynn Auto Electrical Limited

King S Lynn Auto Electrical Ltd from Norfolk UK: a small, holding company with an active status, has been a fixture in the area for 47 years. Employing 15 people and boasting assets of £533,393, the company operates from a real address and is overseen by five directors and one owner. A strong Google rating of 5.0, based on 111 reviews, reflects positive customer experiences. The company is an irregular importer, primarily dealing in vehicles, parts, and accessories—with the last import operation occurring one month ago.

The business, based in Kings Lynn, specializes in auto electrical services and operates an e-commerce site showcasing a range of products, including batteries, starter motors, and LED lighting. The website details a workshop service and emphasizes stockists of auto electrical parts. The company’s registered address is PE30 5DD, Norfolk, Horsleys Fields, Kings Lynn.

Financially, King S Lynn Auto Electrical Ltd exhibits some concerning trends. Accumulated depreciation for furniture fittings decreased by 30%, while for land and buildings it increased by 9.2%. Bank borrowings have doubled to £45,000, and cash reserves fell by 3.8% to £75,000. Creditors decreased by 5.9%, suggesting better debt management, but the decline in net assets by 6.6% to £480,000 is a notable point. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, indicating exemption as a small company.

Overall, King S Lynn Auto Electrical Ltd seems to be navigating a period of change. While the company maintains a strong online presence and positive customer reviews, the financial data suggests a need for careful management and a focus on profitability. The company’s long history and established reputation provide a solid foundation, but ongoing monitoring of its financial health will be crucial for sustained success.

Registered in England/Wales under the registration number 01319546, with a registered address at PE30 5DD, Norfolk, Horsleys Fields, Kings Lynn.

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