The Body Kit Ltd

The Body Kit Ltd from Oldham UK: a small, active company founded two years ago, holds £25,862 in assets, and operates from a real address. Run by a single director and owner – a solo founder – the company regularly imports vehicles, parts, and accessories (excluding trains and trams), with recent activity recorded three months ago. It's a small business, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

The Body Kit operates primarily as an e-commerce business, selling a wide range of automotive styling kits. Its website showcases a diverse selection of body kits, spoilers, side skirts, and other accessories for popular car makes like Audi, BMW, Ferrari, and Land Rover. The site offers free delivery on orders over £399 and emphasizes a 30-day return policy and 24/7 customer support. It even has a blog with helpful articles about car styling.

Financially, The Body Kit Ltd presents a mixed picture. Cash bank on hand has dramatically decreased by 95%, falling to just £35. Creditors have increased by 26%, reaching £48,000, while loans from directors have also risen by 23%, reaching £47,000. Despite this, trade debtors have decreased, suggesting better management of customer payments. The company’s net assets and liabilities both show a 69% decline, reaching -£21,000. While the company is small, the drop in equity is concerning. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, The Body Kit Ltd appears to be facing some financial pressures, despite its active e-commerce presence. The increase in debt and decrease in cash reserves suggest it’s burning through money, but the decrease in trade debtors is a positive sign. It will be interesting to see if the company can turn things around and sustain its growth in the competitive automotive accessories market.

Registered in England/Wales under the registration number 14219649, with a registered address at OL9 9AA, England, Oldham, Amber House Crompton Street, Chadderton.

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