Sussex Traders Limited

Sussex Traders Limited from Bexhill-On-Sea UK is a small, active company founded four years ago. It employs just one person and boasts a stellar 5.0 Google rating from 78 reviews. The company is led by a single director and owner, who is also the solo founder. It operates from a real address and holds £450,000 in property, plant, and equipment.

Sussex Trade Centres Ltd, as it's known, specializes in the sale of used cars and vans in the Eastbourne area. They're a family-run business with over 40 years of experience, focusing on low-mileage, high-quality vehicles. Their main outlet is near Stone Cross, Eastbourne, and they operate a nearby offsite storage facility, holding around 150 vehicles. They partner with the RAC, guaranteeing pre-delivery inspections, and offer a range of services, including Hire Purchase and Personal Contract options. The website highlights their commitment to quality, with full valets, HPI checks, RAC warranties, and roadside assistance included with every vehicle.

However, the company’s financial picture reveals some challenges. Cash bank on hand has plummeted 91%, dropping to just £200, while creditors have remained relatively stable at £18,000. Equity has slightly improved, but remains negative at -£17,000. Accumulated depreciation has increased, reflecting the aging of their computer equipment. While the company meets the criteria for a small business (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), the decrease in cash reserves suggests it's burning through money. There's no auditor listed, which is common for small, exempt companies. The company's financial statements are unaudited, so the numbers rely on director-reported data.

Registered in England/Wales under the registration number 12622007, with a registered address at TN40 1DU, England, Bexhill-On-Sea, 21 Western Road.

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