Kingsley Cars Ltd

Kingsley Cars Ltd from Witney UK: small company, active status, founded 12 years ago, 23 employees, £1,467,119 assets, real address, 1 director, 1 owner, solo founder. Irregular importer of art and antiques (1 months imported). Regular exporter of vehicles, parts, and accessories (not for trains or trams) (15 months exported). Kingsley Cars Ltd is a specialist in Range Rover restoration and upgrades, operating from the heart of the UK automotive valley. The company, founded twelve years ago, focuses on breathing new life into classic Range Rovers, offering restoration services, bespoke upgrades, and a range of parts. It’s a small business, meeting the criteria for a small company with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website showcases a meticulous process, from initial assessment to final delivery, with a configurator allowing customers to customize their Range Rover. They even have a section dedicated to Land Rover Defender restoration, catering to a broader audience of classic vehicle enthusiasts. The site’s design and content suggest a focus on high-quality craftsmanship and a premium customer experience.

Financially, Kingsley Cars Ltd’s recent performance presents a mixed picture. While current assets remain steady at £1.5 million, net assets have fallen by a significant 36%, dropping to £340,000. Bank borrowings have decreased, which is a positive sign, but cash reserves have also declined by 24% to £71,000. Creditors have increased by 34%, which could indicate an expansion of operations or perhaps some difficulty managing short-term liabilities. The company’s solo founder, Sawbridge John Joseph, is the sole director, and Rausing Magnus is the owner. The lack of an auditor is likely due to the company’s small size and exemption from audit requirements.

Overall, Kingsley Cars Ltd appears to be a financially stable business, but the decrease in net assets warrants close monitoring. The company’s focus on a niche market and its reputation for quality restoration work should provide a solid foundation for continued success, though it’s important to keep an eye on its debt management.

Registered in England/Wales under the registration number 08190136, with a registered address at OX29 4EF, England, Witney, Oxfordshire, A40 Eynsham By-Pass, Eynsham.

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