Whoops Wheel Fix It Limited

Whoops Wheel Fix It Ltd, based in Enfield, UK, is a small, family-run business with an active status, established eleven years ago. Employing nineteen people, the company holds £375,510 in assets and generates £1,375,638 in yearly revenue. With three directors and three owners, and a stellar 5.0 Google rating from 237 reviews, it’s a well-regarded operation. The company operates from a real address and is an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances, with its last import activity recorded over two years ago.

The company's website showcases its expertise in alloy wheel refurbishment, car body repair, and related services. It offers a range of options, from straightening and welding to diamond cut repairs and powder coating, catering to customers in Enfield, London, and surrounding areas. The website highlights a mobile repair service and even offers loan wheels to keep customers on the move. It also lists several high-profile clients and emphasizes its commitment to quality and customer satisfaction.

Financially, Whoops Wheel Fix It Ltd presents a mixed picture. While turnover increased by 14% to £1.4 million, equity has significantly decreased by 83% to just £8,800. Bank borrowings have increased substantially, reaching £110,000, and cash reserves have fallen by 38% to £230,000. Creditors have also increased, and trade debtors have remained consistent. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the sharp decline in equity suggests potential financial pressures. There is no auditor mentioned, likely due to its status as a small company.

The increase in administrative expenses by 5% and a decrease in the number of employees by 5% may indicate a focus on efficiency or a shift in operational strategy. The substantial investment income recorded, a 2600% increase, is a notable anomaly and warrants further investigation. Overall, Whoops Wheel Fix It Ltd appears to be navigating a period of change, balancing growth with financial stability.

Registered in England/Wales under the registration number 08917589, with a registered address at EN1 1TH, England, Enfield, Unit1, 38 Crown Road.

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