Richard Jones Atv Limited

Richard Jones ATV Ltd, based in Presteigne, UK, is a small, family-run business with an active status. Founded fifteen years ago, the company employs seven people and holds £412,820 in assets. It operates from a virtual address, with four directors and three owners overseeing operations, and boasts a stellar 5.0 Google rating from eighteen reviews. The company is a regular importer of vehicles, parts, and accessories (excluding trains and trams), with 48 months of import activity recorded.

Richard Jones ATV Ltd is a main dealer for Kawasaki, Quadzilla, and CanAm, serving Mid Wales and Herefordshire. Their website highlights a diverse range of ATVs, side-by-side vehicles, and roadsters, catering to both recreational and agricultural needs. They also supply second-hand bikes, dealership parts, and offer servicing and repairs for all makes and models. The business even breaks down various ATV models for parts, offering tested second-hand components.

Financially, Richard Jones ATV Ltd shows some concerning trends. Current assets decreased by 16%, dropping to £410,000, while equity plummeted 31%, settling at £170,000. Bank borrowings remained steady at £32,000, and cash reserves decreased slightly to £140,000. Creditors also decreased by 1.2% to £250,000. 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 equity decline warrants attention. As a small company, it’s likely exempt from an audit, relying on unaudited statements. The company’s financial data also shows a decline in other debtors, which could be a sign of a slowdown in payments.

Registered in England/Wales under the registration number 06923564, with a registered address at LD8 2UH, Presteigne, Powys, Office 10 Broadaxe Business Park.

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