Town End Garage Limited

Town End Garage Ltd is a small, active family business established 31 years ago, in 1993. Based in Lancaster, it employs four people and holds assets valued at £507,901. While it operates from a virtual address—registered at 95 King Street, where fifteen companies are registered—it maintains a 5.0-star Google rating from 29 reviews. The company is run by three directors and owned by two individuals, Newby Lynn and Newby Stuart. It’s an irregular importer, with its top import category being vehicles, parts, and accessories, though only for one month of imports recorded back in 2018.

Town End Garage Ltd operates in the retail sale of automotive fuel and the sale of used cars and light motor vehicles. Its website is non-existent, so there’s no indication of an e-commerce presence. It appears to be a traditional, brick-and-mortar business.

Financially, Town End Garage Ltd presents a mixed picture. Current assets have decreased by 13%, dropping to £510,000. Bank borrowings have increased significantly by 2,400%, reaching £29,000, while cash reserves have fallen 39% to £150,000. Trade debtors have increased dramatically by 150%, suggesting a potential issue with customer payments. On a positive note, creditors have decreased by 18%, indicating improved debt management. The company's small size—meeting two of three conditions for a small company—helps it remain flexible, but the decline in equity raises concerns. As a small company, it’s exempt from an audit, so these figures are unaudited.

The company’s financial statements show a decrease in the number of employees from four to three. The company’s retained earnings have also decreased, suggesting a challenging period. It’s likely the company is facing increased competition or rising operational costs.

Registered in England/Wales under the registration number 02883519, with a registered address at LA1 1RH, 95 King Street, Lancaster.

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