Srd Tuning Limited

Srd Tuning Limited, based in Ansty, UK, is a small, active company founded three years ago. With five employees and £135,420 in assets, it’s a solo-founded operation led by a single director and owner, Perryman Lee Steven. Boasting a stellar 5.0 Google rating from 56 reviews, the company regularly imports vehicles, parts, and accessories—a trend observed over the last six months, with the most recent import occurring in January 2025.

The company operates in the manufacture of other parts and accessories for motor vehicles, as well as the maintenance and repair of motor vehicles. It’s a small business, meeting two of three criteria for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

A review of the company’s financial data reveals some interesting trends. Accumulated depreciation for plant machinery increased by 35%, while for vehicles it rose by 50%. Cash bank on hand decreased by nearly 20%, dropping to £23,000, and creditors have dramatically increased, jumping 200% to £100,000. Trade debtors have also fallen, suggesting a bit of a squeeze. However, net assets still grew by 21%, reaching £40,000. The company’s inventory has exploded, rising 1,400% to £96,000, which could indicate a build-up of stock or increased sales activity.

The company is exempt from an audit, and the financial statements are unaudited. While the business seems to be operating, the sharp increase in creditors and the decrease in cash reserves suggest a need for careful financial management. It’s a small business, and these fluctuations are not unusual, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 13435660, with a registered address at RH17 5AH, England, Ansty, Units 1 And 2 Moonhill Place Barn, Burgess Hill Road.

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