Sams Vehicle Solutions Limited

Sams Vehicle Solutions Ltd from Walsall UK: a small holding company with an active status, was founded six years ago in 2018. The company employs four people and holds £846,246 in assets. It operates from a virtual address, registered at 36 Lichfield Street, WS1 1TJ, a location shared by fourteen other companies. Two directors oversee the business, which is owned by Select Investment Solutions Ltd. Sams Vehicle Solutions Ltd is an irregular importer of rubber and rubber products, with just one month of imports recorded back in 2022.

The company’s primary focus seems to be the maintenance and repair of motor vehicles, as well as the retail trade of motor vehicle parts and accessories. Its website showcases a wide range of used cars for sale across two locations: York and Harrogate. Customers can search by various criteria, including body style, age, weight, fuel type, transmission, mileage, and price—a comprehensive online marketplace. The website also promotes finance options and offers a vehicle selling service. Featured vehicles include high-end models like a Lamborghini Huracan and Bentley Continental, alongside more accessible options.

Financially, Sams Vehicle Solutions Ltd presents a mixed picture. While current assets increased by a substantial 52% to £850,000, net assets experienced a significant jump of 68%, reaching £470,000. However, bank borrowings decreased by 52%, and cash reserves fell 61%. Trade debtors increased by 55%, suggesting potential issues with customer payments. Creditors decreased by 18%, which is a positive sign. The company meets the criteria to be classified as a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, indicating the company is likely exempt from an audit.

Overall, Sams Vehicle Solutions Ltd appears to be a small, agile business navigating a competitive market. While the increase in assets and net assets is encouraging, the decrease in cash reserves warrants monitoring. The company’s online presence and diverse inventory suggest a focus on customer service and a broad appeal, but the financial details reveal a business still working to optimize its cash flow.

Registered in England/Wales under the registration number 11430972, with a registered address at WS1 1TJ, United Kingdom, Walsall, 36 Lichfield Street.

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