Specialist Car Products Limited

Specialist Car Products Limited is a small, active holding company based in Faygate, West Sussex, UK. Founded 42 years ago in 1983, it employs 16 people and holds assets valued at £1,806,259. With three directors and one owner, the company operates from a real address and has a long history of importing and exporting vehicles, parts, and accessories (excluding trains and trams) – 58 months of imports and 261 months of exports.

The company’s website reveals a focus on improving ride quality, comfort, and stability in various vehicles. It’s a family-run business specializing in cost-effective upgrades, acting as a factory-accredited dealer for VB Air Suspension and EP Hydraulics – renowned market leaders. They cater to a wide range of customers, from motorhome owners to public sector authorities, offering services like habitation checks, vehicle servicing, and security system installations. The website prominently features contact forms for quick quotes and brochure downloads, indicating a strong emphasis on customer engagement.

Financially, Specialist Car Products Limited presents a mixed picture. While current assets remain steady at £1,800,000, net assets have decreased by 6.1% to £680,000. Bank borrowings have increased by 2.5% to £10,000, and cash reserves have fallen by 18% to £220,000. Trade debtors have also decreased by 6.2%, suggesting a focus on collecting payments. The company's small size—meeting two of three conditions for being a small company—allows for flexibility, but the decline in equity warrants closer attention. No auditor is mentioned, likely due to its small company status, meaning the figures are unaudited.

The company’s long history and established partnerships suggest a degree of stability, but the recent financial trends indicate potential challenges. Whether the business can maintain its momentum in a competitive market remains to be seen.

Registered in England/Wales under the registration number 01690048, with a registered address at RH12 4DN, Faygate, West Sussex, Unit 12, Faygate Business Centre.

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