Rees Bros Restorations Limited

Rees Bros Restorations Ltd from Farnham UK: a small, active company founded twelve years ago, employs eight people, and holds £169,391 in assets. It operates from a virtual address, is overseen by two directors (with no owners reported), and boasts a stellar 5.0 Google rating based on three reviews. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with recent activity recorded three months ago.

The business focuses on car restoration services, operating from Aldershot and offering expertise in bodywork, paintwork, and mechanical repairs. Its website, while basic, highlights a commitment to quality workmanship and customer satisfaction. While no e-commerce functionality is apparent, the company likely relies on direct inquiries and word-of-mouth referrals for its restoration projects.

Financially, Rees Bros Restorations Ltd presents a mixed picture. Current assets increased by 14% to £170,000, while net assets grew by 20% to £96,000—a positive sign of overall health. However, bank borrowings surged by 15% to £140,000, and creditors increased by 19% to £87,000. Cash reserves also grew by 15% to £120,000. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt warrants monitoring. As a small company, it is exempt from an audit, and the figures are unaudited. The company’s average number of employees decreased by 12%, from eight to seven, which could be due to seasonal work or restructuring.

Registered in England/Wales under the registration number 08372784, with a registered address at GU9 7PT, Farnham, Surrey, Wey Court West, Union Road.

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