Kingsway Autos Limited

Kingsway Autos Ltd from Billericay UK: a small, active company established 60 years ago, boasts a solid 5.0 Google rating from 90 reviews. Employing ten people and holding £1,000,600 in assets, it’s a well-established business with a real address and three directors overseeing operations. The company is owned by Kallagher Jeanette. It's a regular importer, bringing in animal feed and food waste for 50 months, with the last shipment arriving in March 2025.

The company operates in the "other service activities n.e.c." industries, a broad category that suggests a diverse range of services. While no website is available, it's likely Kingsway Autos provides automotive-related services, given its name.

Financially, Kingsway Autos Ltd appears relatively stable. Current assets increased by 3.7% to £1,000,000, while net assets grew by 5.3% to £870,000. Cash reserves saw a healthy increase of 6.0% to £790,000. Trade creditors decreased by a significant 23%, which is a positive sign. However, bank borrowings increased by 2,400% to £29,000. The company qualifies as small, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the accounts are unaudited, as is common for small companies.

The company’s financial data suggests a period of growth, but also increased reliance on borrowing. It's possible that Kingsway Autos is investing in new equipment or expanding its operations, leading to the increased debt. The decrease in creditors could indicate improved payment terms with suppliers. Overall, while the company isn't experiencing explosive growth, it appears to be financially sound and well-managed.

Registered in England/Wales under the registration number 00814100, with a registered address at CM11 2XE, England, Billericay, Essex, Kingstown Gardiners Lane North, Crays Hill.

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