Uk Auto Design Ltd

Uk Auto Design Ltd is a small, active company based in Dewsbury, UK, established just a year ago in June 2023. With a single employee and £40,141 in assets, it’s a solo founder operation led by a director and owner, Iqbal Neyha. The company operates from a real address and is regularly importing vehicles, parts, and accessories—a trend that’s continued for the last three months, with the latest import occurring on August 1, 2024.

The company’s activities appear to focus on the retail trade of motor vehicle parts and accessories. While a website isn’s available, this suggests a B2B model, supplying parts to garages or retailers rather than direct consumer sales. It’s possible they operate through online marketplaces or supply local businesses.

Financially, Uk Auto Design Ltd presents a mixed picture. Cash reserves are stable at £13,000, but creditors have risen to £18,000, and the company has seen a significant outlay of £18,000 repaying a director's advance. While current assets are reported at £40,000, a decrease from £40,000 last year, and net assets are a modest £7,200, the company’s small size (meeting two of three criteria for a small company) allows for flexibility. The company’s retained earnings and accumulated losses are £7,100. There’s no mention of an auditor, likely due to the company’s exemption as a small entity, so the figures are unaudited.

The company’s focus on imports, coupled with the director’s advance repayment, suggests it's actively investing in its business. Whether this investment translates to sustainable growth remains to be seen, but for now, Uk Auto Design Ltd is navigating the challenges of a young company in a competitive market.

Registered in England/Wales under the registration number 14943925, with a registered address at WF12 9QP, United Kingdom, Dewsbury, 8 Caldermill Way.

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