Lowerdale Autos Limited

Lowerdale Autos Ltd, based in Barnsley, UK, is a small, active company founded 17 years ago. With two employees and £209,078 in assets, it’s a solo-founded operation led by a single director and owner. The company boasts a perfect 5.0 Google rating from 65 reviews, indicating strong customer satisfaction. It’s an irregular importer of vehicles, parts, and accessories, with its last import activity recorded one month ago in March 2022.

Lowerdale Autos operates as a used car dealer, offering a wide selection of vehicles from hatchbacks to commercial vans. Its website highlights a commitment to quality, warranties, and partnerships with South Yorkshire Trading Standards. The company offers a "click-collect" service and features a range of used cars, including Abarths, Vauxhalls, and Fiats, with prices ranging from £6,995 to £10,795. It even offers finance options and part exchange valuations.

Financially, Lowerdale Autos shows some concerning trends. While current assets increased by 6.4% to £210,000, net assets grew by a more modest 26% to £63,000. Bank borrowings increased by 4.1% to £40,000, and cash reserves plummeted by 86% to just £3,000. Trade debtors have also risen dramatically, increasing by 240%. Creditors, however, decreased by 18%, which could indicate improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in cash reserves raises questions about its short-term financial health. As a small company, it’s exempt from an audit, so the figures are unaudited. It seems that the company is holding steady, but it is facing some pressures.

Registered in England/Wales under the registration number 06582403, with a registered address at S70 1HG, United Kingdom, Barnsley, South Yorkshire, Lowerdale Autos Limited Taylor Row, Doncaster Road.

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