Nationwide Smart Repairs Limited

Nationwide Smart Repairs Ltd from Hove UK: a small, active company founded 25 years ago, employs four people, and holds £391,393 in assets. Operating from a virtual address—with 79 other companies registered at the same location—it's a family business with four directors and three owners, boasting a stellar 5.0 Google rating from 14 reviews. The company regularly imports tanning and dyeing products, with 18 months of import activity recorded.

The company’s website, NWSR Nationwide Smart Repairs, specializes in SMART repairs—small to medium area vehicle damage—offering a cost-effective alternative to full bodywork. It sells a wide range of products, including paints, aerosols, and consumables, catering to professional repairers and DIY enthusiasts. The site also features training resources and a network of regional operators, indicating a broader business model beyond direct sales. It’s a wholesale trade of motor vehicle parts and accessories.

Financially, Nationwide Smart Repairs Ltd shows a mixed picture. Current assets remained steady at £390,000, while cash reserves dropped by 19% to £150,000. Trade creditors increased by 73%, suggesting a need for improved payment management. Debtors decreased by 73%, which is a positive sign. 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 nimble. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Nationwide Smart Repairs Ltd appears to be holding its own, but the increased creditors and decreased cash reserves suggest it needs to keep a close eye on its finances. The company's focus on niche repairs and its online presence position it well for future growth, but managing cash flow will be key.

Registered in England/Wales under the registration number 03948749, with a registered address at BN3 2BB, Hove, East Sussex, 85 Church Road.

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