P&r American Classics Llp

Pandr American Classics Llp from Ardleigh UK is a small company with an active status, established nine years ago in 2015. It holds £641,783 in assets, operates from a real address, and is managed by two directors and two owners. The company regularly imports art and antiques, with a history of 22 months of import activity.

The business, Classic American Car Sales, specializes in the import and sale of classic American cars, primarily Mustang Fastbacks from 1965-1969. It locates, purchases, and imports Mustangs from the USA, bringing them to the UK for preparation and sale. The company boasts a showroom near Colchester, Essex, and even ships cars internationally. Peter Cavallo and his wife Louise run the business, alongside a network of parts suppliers, mechanics, and painters. They aim to maintain a large UK stock and cater to customers with varying levels of familiarity with classic Mustangs.

Financially, Pandr American Classics Llp shows some concerning trends. Accumulated depreciation has increased significantly, with a 51% rise in land and buildings and a 39% increase in plant and machinery. Cash bank holdings have plummeted by a staggering 87%, leaving just £41,000 remaining. Debtors have ballooned by 990%, reaching £92,000, which could indicate difficulties in collecting payments. On a positive note, creditors have decreased by 64%, suggesting improved management of short-term liabilities. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the sharp decline in cash reserves warrants closer scrutiny. No auditor is mentioned, which is common for small companies.

Overall, while Pandr American Classics Llp appears to be a passionate and specialized business, the financial data suggests it's facing some challenges. The company's reliance on cash reserves and the surge in debtors could be a cause for concern, and it's important to monitor its financial performance closely in the coming months.

Registered in England/Wales under the registration number OC403189, with a registered address at CO7 7SU, England, Ardleigh, Essex, Vinces Barn, Frating Road.

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