Spraytech Auto Repairs Ltd

Spraytech Auto Repairs Ltd, based in Telford, UK, is a small, active company founded five years ago. Employing just three people, it holds £15,493 in assets and maintains a real registered address. With a perfect 5.0 Google rating from 64 reviews, it’s a well-regarded local business managed by one director and owner. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of June 2023.

Spraytech Auto Repairs’ website highlights its expertise in vehicle body repair, accident repairs, customisation, and restoration. It positions itself as a specialist garage offering professional finishes at affordable prices, catering to both commercial and private customers. The site emphasizes skilled technicians, advanced tools, and a commitment to customer satisfaction, offering services ranging from general wear and tear repairs to bespoke restoration projects. Testimonials from satisfied customers praise the quality of work and friendly service.

Financially, Spraytech Auto Repairs Ltd presents a mixed picture. Current assets have increased by 34% to £15,000, while net assets have decreased by 74% to -£44,000. Bank borrowings have decreased by 13% to £34,000, and creditors have increased by 30% to £91,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the significant equity drop suggests potential financial strain. There's no auditor mentioned, likely due to the company’s small size, so the figures are unaudited.

The decrease in cash reserves could be a result of investments in equipment or marketing efforts to attract more customers, or perhaps a consequence of rising operational costs. It’s possible that the irregular import activity has also impacted cash flow, although more data would be needed to confirm this. Overall, Spraytech Auto Repairs Ltd appears to be a well-regarded local business facing typical challenges for a small company.

Registered in England/Wales under the registration number 12598246, with a registered address at TF1 7ES, England, Telford, Unit B6, Hortonwood 10.

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