The Alloy Hub Ltd

The Alloy Hub Ltd from Leek UK: a small, active company founded 11 years ago, employs five people, and holds £207,913 in assets. It has a real address, two directors, one owner (a solo founder), and operates an e-commerce site with a stellar 5.0 Google rating from 167 reviews. The company regularly exports vehicles, parts, and accessories (excluding trains and trams), with the last export operation occurring five months ago in December 2024.

The Alloy Hub’s website showcases a specialist in alloy wheel refurbishment and sales. It offers a wide range of services, from genuine alloy wheel sales to wheel refurbishment and tyre fitting. The site highlights its expertise in refinishing wheels, with a focus on high-quality workmanship and customer satisfaction. They even offer a service for businesses, including trade cars and commercials. The site’s blog features regular updates on alloy wheel trends, maintenance tips, and industry news, showcasing their knowledge and engagement with the automotive community.

Financially, The Alloy Hub Ltd presents a mixed picture. Current assets have decreased by a significant 45%, dropping to £210,000, while net assets have plummeted 85%, settling at just £22,000. Bank borrowings have increased by 76%, reaching £30,000, and cash reserves have vanished completely. Creditors have also decreased by 22%, which could indicate improved debt management. The company meets two of three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor (likely exempt due to its size) means the figures are unaudited.

Overall, The Alloy Hub Ltd seems to be facing some financial headwinds, despite its strong online reputation and specialized services. The sharp decline in equity raises concerns, but the company's agility as a small business could help it navigate these challenges. It's a company that's clearly passionate about wheels, but it will need to address its financial situation to ensure long-term success.

Registered in England/Wales under the registration number 08600934, with a registered address at ST13 8SW, England, Leek, Staffordshire, Middle Hulme Grange, Meerbrook.

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