Pimsa Automotive Uk Ltd

Pimsa Automotive Uk Ltd, based in Nuneaton, UK, is a small, active company established eight years ago in 2016. Employing 38 people, it holds assets valued at £2,745,360. The company operates from a real address and is managed by two directors, although no owners are officially listed. Pimsa Automotive is a regular importer of machinery, boilers, and mechanical appliances parts, with 74 months of import activity recorded, and a regular exporter of vehicles, parts, and accessories (excluding trains and trams), with 8 months of export activity.

The company’s website paints a picture of a technologically driven manufacturer specializing in polyurethane parts for the automotive industry. Originally founded in 1975 as Pimsa Poliuretan, it has evolved into a modern operation with a focus on innovation, sustainability, and global interaction. The site highlights a commitment to mobility solutions, creative design, and advanced technology, offering a range of products from engine covers to sound insulation parts. It even boasts a dedicated research and development center, documented by the Ministry of Science, Industry and Technology.

Financially, Pimsa Automotive Uk Ltd shows a mixed picture. Cash reserves have increased dramatically, rising by 340% to £440,000, which is a positive sign. However, net assets have decreased by 16%, falling to £4,200,000, and bank borrowings have increased by 53%, reaching £78,000. Creditors have also risen significantly, increasing by 270% to £3,100,000. 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 agility, but the increase in borrowings and the decrease in net assets suggest a need for careful financial management. There is no auditor mentioned, likely due to its status as a small company, so the figures are unaudited.

Overall, Pimsa Automotive Uk Ltd appears to be a dynamic company navigating the challenges of a competitive market. Its focus on innovation and sustainability, combined with its strong technological capabilities, positions it well for future growth—although it will need to carefully monitor its financial performance to ensure long-term stability.

Registered in England/Wales under the registration number 10482022, with a registered address at CV11 4NF, England, Nuneaton, Warwickshire, Dunns Close.

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