Skidz Limited

Skidz Ltd from Falkirk, UK, is a well-established small company with an active status, having been founded 27 years ago in 1998. With 12 employees and £4,280,918 in assets, it's a significant player in its sector. The company, led by one director and owner, boasts a stellar 5.0 Google rating based on 599 reviews, a testament to its customer service. It’s a regular importer, primarily of vehicles, parts, and accessories—a category it’s been importing into for the last four months, with the latest shipment arriving in August 2024.

Skidz operates as a specialist in alloy wheels and performance tyres, serving as the UK’s market leaders in these areas. Its website showcases a wide range of services, from alloy wheel refurbishment and car security systems to in-car entertainment and tyre sales. Notably, Skidz is the only UK-approved dealer for URBAN Automotive, a manufacturer of modified vehicles. The company also provides a full range of tyre options, including summer, winter, and performance tyres, alongside advanced vehicle security solutions. The website also features a virtual helpdesk, indicating a focus on customer support.

Financially, Skidz Ltd demonstrates a mixed picture. Cash bank on hand increased significantly by 85%, reaching £2,500,000, while current assets grew by 18% to £4,300,000. However, trade debtors decreased by 22%, dropping to £1,800,000, and bank borrowings increased, suggesting a need for additional financing. Creditors also rose by 12%, reaching £520,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in debtors could indicate payment delays. There’s no auditor mentioned, which is likely due to its status as a small company. The increase in cash reserves is a positive sign, but the company will need to manage its creditors and debtors effectively to maintain financial health.

Registered in Scotland under the registration number SC185342, with a registered address at FK2 7XY, Falkirk, Stirlingshire, Skidz Ltd Mungalend Court, Bankside.

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