Vehicle Accessories Solutions Limited

Vehicle Accessories Solutions Ltd, based in Lichfield, UK, is a medium-sized holding company with an active status. Founded fourteen years ago in 2010, the company employs thirty people and manages assets totaling £10,420,149, generating a yearly revenue of £14,209,151. It operates from a real address in Shenstone Business Park and is overseen by four directors and two owners. The company regularly imports and exports electrical machinery and equipment, with a long history of import activity (327 months) and a more recent export record (16 months).

The company’s website showcases a specialist supplier of vehicle accessories, catering primarily to fleet and retail customers. They offer a wide range of products and services, including vehicle lining, van locks, camera systems, roof racks, and welfare conversions. A key focus is on providing bespoke solutions and installations, with a strong emphasis on quality and customer service. The website highlights partnerships with leading brands like Rhino and positions the company as a trusted provider for numerous nationwide brands, including Hertz, Europcar, and Flexerent.

Financially, Vehicle Accessories Solutions Ltd presents a mixed picture. While revenue increased by a healthy 28%, net assets have declined by 11%, and cash reserves have fallen by 44%. Bank borrowings have increased significantly, rising by 450%, and creditors have also risen by 65%. Trade debtors have increased by 22%, suggesting a possible challenge in collecting payments. Despite these pressures, the company’s assets are still substantial, and the increase in revenue suggests continued demand for its products and services. The company’s size (meeting two of three criteria for a medium company) allows for flexibility, but the decline in equity warrants closer scrutiny. The financial statements are audited by HB&O Ltd, providing a degree of assurance.

Overall, Vehicle Accessories Solutions Ltd appears to be navigating a period of change. While revenue growth is positive, the company needs to manage its debt and maintain a healthy cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 07443795, with a registered address at WS14 0SB, England, Lichfield, Latchford House, Shenstone Business Park Lynn Lane, Shenstone.

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