Rs Automotive Core Limited

Rs Automotive Core Limited, based in Benfleet, UK, is a small, active company established a decade ago. With 18 employees and £2,219,670 in assets, it operates from a virtual address—a detail flagged by the registration of 290 companies at the same location—and is overseen by two directors and owners. The company boasts a stellar 5.0 Google rating based on a single review, highlighting its reputation among customers. It’s a regular importer and exporter of vehicles, parts, and accessories (excluding trains and trams), with 80 months of import activity and 123 months of export activity recorded.

The company's activities appear to center on the wholesale trade of motor vehicle parts and accessories, operating in a competitive market. While a website isn't available to analyze, the company’s focus on parts and accessories suggests a B2B model, likely supplying garages, repair shops, and other businesses. It's possible they also cater to individual customers through online marketplaces or partnerships.

Financially, Rs Automotive Core Limited presents a mixed picture. While net assets remained relatively stable at £1,200,000, cash reserves have taken a significant hit, dropping 62% to £52,000. Trade debtors have increased dramatically, rising 120% to £1,200,000, indicating a potential reliance on customer payments. Creditors have also increased, particularly within one year, surging 200% to £590,000. 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 decrease in cash and increase in debt raise concerns about short-term liquidity. The company’s property, plant, and equipment has increased by 72%, possibly due to investments in machinery or vehicles. There’s no auditor mentioned, which is typical for small, exempt companies. The company's retained earnings have remained consistent, suggesting a stable base for future growth.

Registered in England/Wales under the registration number 09268697, with a registered address at SS7 5HA, England, Benfleet, Fortress House, 301 High Road.

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