Psi Tuning Ltd.

Psi Tuning Ltd, based in Newcastle-Under-Lyme, UK, is a small, active company founded fifteen years ago in 7009. Employing nine people, the firm holds £81,035 in assets and operates from a real address within the Parkhouse Industrial Estate. It's a family affair, with two directors, one owner (a solo founder), and a 4.0 Google rating from 108 reviews. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with a history of imports spanning nine months, the last in 2017.

Psi Tuning’s website showcases a specialist Volkswagen, Audi, Seat, Skoda, and Porsche parts supplier. The site functions as a fully-fledged e-commerce platform, allowing customers to browse and purchase a wide range of products, categorized by vehicle make and model. It’s clear the company caters to enthusiasts and mechanics alike, offering everything from performance upgrades to essential maintenance items. The website also highlights a servicing and workshop, indicating a broader range of services beyond just parts sales.

Financially, Psi Tuning Ltd’s recent performance presents a mixed picture. While bank borrowings decreased by 12%, cash reserves declined by 14% to £29,000. Creditors increased by 21%, suggesting a rise in short-term liabilities. The company’s net assets, however, saw a substantial increase of 94%, reaching £31,000. With a small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the business benefits from agility. No auditor is mentioned, so the financial statements are unaudited.

Overall, Psi Tuning Ltd seems to be navigating a period of change. While the e-commerce side appears strong and well-regarded, the financial data suggests a need for careful management. The company’s focus on specialist vehicles and its commitment to customer service position it well within its niche, but sustained growth will depend on maintaining financial stability.

Registered in England/Wales under the registration number 07056598, with a registered address at ST5 7RH, Newcastle-Under-Lyme, Newcastle-Under-Lyme, Unit 5 Winpenny Road, Parkhouse Industrial Estate East.

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