Quicksilver Exhausts Limited

Quicksilver Exhausts Ltd from Chichester UK: a small, active company founded 41 years ago, employs six people, and holds £1,385,190 in assets. It’s a real address with three directors and one owner. The company regularly imports vehicles, parts, and accessories (not for trains or trams) – eight months of activity recorded – and exports the same items, with a substantial 261-month history. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, quicksilverexhausts.com, showcases a wide range of stainless steel and titanium exhausts for classic and modern cars. It’s a specialist manufacturer, providing exhausts for various brands, from Alfa Romeo to Volkswagen. The site functions primarily as an online catalogue, allowing customers to find their exhaust by car make and model. There’s no obvious e-commerce functionality – customers are encouraged to call for orders.

Financially, Quicksilver Exhausts Ltd presents a mixed picture. Current assets have increased by 16% to £1,400,000, while net assets have jumped 30% to £1,200,000. However, bank borrowings have surged by 460% to £200,000, and cash reserves have fallen 30% to £250,000. Creditors have also increased by 110% to £210,000. The company’s small size helps it stay nimble, but the increased borrowing suggests a need for capital. The company’s financial statements are unaudited, likely due to its status as a small company. The increase in borrowing could be linked to investment in new equipment or expansion of its product line, but it’s also possible it’s a sign of tighter cash flow. The directors list was changed three months ago, which is a good sign.

Registered in England/Wales under the registration number 01773491, with a registered address at PO18 0FF, United Kingdom, Chichester, 4-6 The Mill Stane Street, Maudlin.

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