Setford And Company Limited

Setford And Company Ltd, based in Southampton, UK, is a small, active company founded fifteen years ago in 2010. With ten employees and £824,547 in assets, it’s a well-established operation run by three directors and a solo founder. The company has a real address and regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with six months of import activity and five months of export activity recorded.

The company's website highlights its expertise in historic sports and race vehicles, offering services including engine building, restoration, recreation, and race car support. It seems they have a passion for restoring and supporting historic vehicles, with a focus on quality craftsmanship and practical engineering. The site also mentions a presence at major historic racing events worldwide, offering circuit and rally support.

Financially, Setford And Company Ltd appears to be in a relatively healthy position, although there are some interesting trends. Cash bank holdings have increased significantly, jumping 60% to £300,000. Current assets have also grown by 25%, reaching £820,000. However, creditors have increased by 33%, reaching £140,000, and trade debtors have increased by 3.7% to £410,000. Equity has increased by 19%, reaching £750,000. The company’s size (meeting two of three criteria for a small company) allows for flexibility, but the increase in creditors should be monitored. The company is exempt from an audit, so the financial information is unaudited.

The significant increase in cash reserves suggests a period of strong sales or efficient cost management. However, the rise in creditors could indicate a need to manage payment terms more closely. Overall, Setford And Company Ltd seems to be a stable and well-run business with a clear focus on its niche market.

Registered in England/Wales under the registration number 07129653, with a registered address at SO32 3QW, Southampton, Hampshire, Bushy Down Farm, Droxford.

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