L.e. Cramer Motor Engineers Limited

Le Cramer Motor Engineers Ltd from Rickmansworth UK: a small, holding company with an active status, was founded 59 years ago in 1965. The company employs 12 people and holds £162,524 in assets. With three directors and one owner, it maintains a stellar 5.0 Google rating based on 196 reviews. It’s an irregular importer of machinery, boilers, and mechanical appliances, with parts imported roughly every two months.

The company operates as a vehicle repair shop, offering a wide range of services from MOTs and bodywork repairs to specialist engineering and classic car care. It’s been in business since 1963, initially focusing on machining engine components, and now boasts a showroom in Harrods, London, alongside its base in Bushey, Watford. The website highlights its 60 years of experience, qualified engineers, and ability to manufacture its own parts for resale. It’s a family-run business, treating all customers like family.

Financially, Le Cramer Motor Engineers Ltd presents a mixed picture. Current assets decreased by 9.5% to £160,000, while net assets increased by a significant 130% to £72,000. Bank borrowings decreased by 30% to £23,000, and cash reserves fell by 19% to £55,000. Creditors decreased by 30% to £23,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in equity is notable, suggesting improved profitability or perhaps a capital injection. As a small company, it’s exempt from an audit, so the figures are unaudited.

Despite the positive equity growth, the decrease in cash reserves and the significant increase in property, plant, and equipment—particularly vehicles—suggest the company may be investing heavily for future growth. It’s a risk, but it could pay off.

Registered in England/Wales under the registration number 00867549, with a registered address at WD3 5SQ, United Kingdom, Rickmansworth, Hertfordshire, Saffron Lodge Rickmansworth Road, Chorleywood.

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