West Lancs Auto Electrics Retail Limited

West Lancs Auto Electrics Retail Ltd from Preston UK: a small, active company founded twelve years ago, employs two people, and holds £159,057 in assets. It’s a real address, managed by four directors and two owners, and operates as a family business with an e-commerce site and a solid Google rating of 4.0 based on seventy-six reviews. The company regularly imports electrical machinery and equipment, with nineteen months of import activity recorded, the latest in August 2023.

The company’s website, WLAE, is a specialist supplier of starter motors and alternators for a wide range of vehicles, from cars and vans to plant and marine craft. They pride themselves on offering a wide selection, competitive prices, and a generous eighteen-month warranty—longer than the industry standard. Customers can identify the correct unit using their vehicle registration number, online quote form, or by contacting their dedicated technical sales staff. The website also highlights forty years of industry experience and a commitment to customer service.

Financially, West Lancs Auto Electrics Retail Ltd shows some concerning trends. Net assets decreased by 32%, falling to £22,000, while net current assets plummeted 110%, resulting in a negative balance of -£2,000. Bank borrowings increased significantly by 79%, reaching £12,000. Trade debtors also rose by 180%, suggesting a potential issue with customer payments. Despite these challenges, the company’s small size—meeting two of three criteria for a small company—allows for flexibility. With no auditor mentioned, the financial statements are unaudited.

The company’s focus on a niche market and commitment to customer service may help it weather these financial pressures, but the decline in equity and negative current assets are certainly something to keep an eye on.

Registered in England/Wales under the registration number 08125268, with a registered address at PR5 6EE, Preston, Lancashire, 353-355 Station Road, Bamber Bridge.

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