Tex Automotive Limited

Tex Automotive, based in Witney, Oxfordshire, is a long-standing supplier of parts and accessories for classic British cars, employing five people and holding assets valued at £290,000. Established over 70 years ago, the company operates from the Cotswold Business Park and caters to a niche market with a focus on quality and heritage. Its website showcases a wide range of products, from mirrors and wipers to brakes and fuel caps, alongside lifestyle items like clothing and model cars. The business also distributes products from well-known brands like Castrol and Renovo, suggesting a blend of proprietary and partnered offerings.

The website functions primarily as an e-commerce platform, allowing customers to browse and purchase parts online. Categories are clearly defined, and a search function facilitates product discovery. The site also highlights bespoke options and encourages customers to call for assistance, indicating a focus on personalized service. Featured products, such as classic T-shirts and brake discs, are prominently displayed, aiming to drive sales. The site also provides detailed contact information, including a phone number and email address, and links to social media platforms.

Financially, Tex Automotive presents a mixed picture. Equity has seen a remarkable turnaround, jumping 190% to £24,000, a significant improvement from a loss of £26,000. Cash bank on hand has also increased by 23%, reaching £45,000. However, debtors have decreased by 30%, and creditors have fallen by 69%, which could indicate a reliance on credit or a slowdown in sales. Interestingly, other debtors have also decreased by 21%. The company has also seen a 190% increase in other remaining borrowings, which may be a strategic move to fund growth or manage cash flow. The unaudited accounts, prepared using Caseware UK software, don't mention an auditor, which is typical for small companies. The company is a private limited company, and the accounts have been prepared in accordance with the small companies regime.

Registered in England/Wales under the registration number 02082564, with a registered address at OX29 0YB, Witney, Oxfordshire, Range Road, Cotswold Business Park.

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