Si Aftercare Limited

Si Aftercare Limited is a small, active company based in London, UK, established five years ago in September 2019. It’s a solo-founder operation with one employee and £30,027 in assets, operating from a real address. The company is led by a single director and owner, Macnae Alan Paul. It primarily operates in the retail sale via mail order houses or via internet, and provides other service activities.

The company's website, Aftercare Response, showcases a comprehensive range of commercial vehicle services. They specialize in tail and passenger lift installation and maintenance, onsite body repairs, emergency roadside assistance, and fleet maintenance contracts. They also offer OEM warranty work, winch and moving deck floor maintenance, supermarket home delivery services, and a variety of commercial vehicle parts and accessories. The site emphasizes their position as the UK’s leading supplier of commercial vehicle mobile maintenance support.

Financially, Si Aftercare Limited shows a mixed picture. Current assets have doubled to £30,000, a positive sign, but net assets have decreased significantly, falling by 43% to -£23,000. Cash reserves have increased to £12,000, a welcome boost. However, bank borrowings remain steady at £1,900. Trade debtors have increased by 41%, potentially indicating delayed payments from customers. The company meets two of three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There's no mention of an auditor, likely due to the company’s small size.

While the business appears to be actively servicing the commercial vehicle sector, the decline in equity suggests it’s burning through money. The increase in debtors could be a short-term blip or a sign of longer-term cash flow challenges. It’s a small company, and it’s clear that the director is working hard to keep it afloat, but the financial data suggests it needs to carefully manage its expenses and improve its cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 12223359, with a registered address at SE10 9PN, England, London, London, 98 Old Woolwich Road.

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