Lewis Reed (wav) Ltd

Lewis Reed Wav Ltd, based in Bromborough, UK, is a small, active company founded 25 years ago. With 39 employees and £2,740,307 in assets, it’s a well-established player in the wheelchair accessible vehicle market. The company, run by three directors and one owner, maintains a real address and boasts a respectable 4.0 Google rating based on 23 reviews. It regularly imports vehicles, parts, and accessories (excluding trains and trams), with recent activity recorded just last month.

The company’s website showcases a range of Mercedes-Benz, Ford, and Volkswagen WAVs, offering both new and used vehicles, as well as conversion options. It specializes in bespoke petrol, diesel, and electric conversions, catering to individual mobility needs. The site highlights a digital showroom, FAQs, and even podcasts, suggesting a commitment to customer engagement. It also offers wheelchair accessible vehicle hire, and a dedicated section for the OT sector.

Financially, Lewis Reed Wav Ltd presents a mixed picture. While net assets increased by 9% to £1,300,000, bank borrowings jumped a significant 2,400% to £29,000. Creditors also increased by 39% to £34,000, which could indicate increased purchasing activity. Cash reserves fell 71% to £4,100, which is a concern. 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 decline in cash is something to watch. No auditor is mentioned, so the figures are unaudited.

Overall, Lewis Reed Wav Ltd seems to be navigating a period of change. The company's focus on specialized vehicle conversions and its strong Google rating suggest a loyal customer base, but the financial data reveals some pressures. It will be interesting to see how the company responds to these challenges in the coming year.

Registered in England/Wales under the registration number 03812123, with a registered address at CH62 3QR, Bromborough, Wirral, Unit 2 Plantation Court, Plantation Road.

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