Young Automotive Limited

Young Automotive Limited, based in Steyning, UK, is a small, active family business founded nineteen years ago. With ten employees and £805,593 in assets, it operates from a virtual address—a point to note as nineteen companies share the same location. The company boasts a stellar 5.0 Google rating based on nine reviews and is a regular importer of rubber and rubber products, with its last import operation occurring in February 01, 2025. It has three directors and two owners, with Mr. and Mrs. Young at the helm.

The company’s website, Young Automotive Direct, functions as an online marketplace for tyre repair consumables, equipment, and accessories. It caters to a wide range of customers, from individual mechanics to large commercial operations, offering everything from wheel weights and tyre valves to diagnostic tools and workshop equipment. The site’s extensive product catalog and focus on competitive pricing suggest a well-established presence in the automotive aftermarket. It’s a pretty comprehensive site, with a lot of different products.

Financially, Young Automotive Limited’s recent performance shows some interesting trends. While net assets increased by 14% to £630,000, cash reserves decreased by 28% to £270,000. Bank borrowings were reduced by 41%, falling to £14,000. Creditors increased by 61%, reaching £220,000, which could indicate increased supplier credit or investment in inventory. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it's exempt from an audit as a small company.

The company’s financial data reveals a mixed picture—growth in net assets, but a decrease in cash reserves. The increase in creditors suggests the company is leveraging its supplier relationships, but it’s important to monitor its ability to manage its short-term liabilities. The company is doing well, but it’s important to keep an eye on its cash flow.

Registered in England/Wales under the registration number 05479876, with a registered address at BN44 3TN, Steyning, West Sussex, The Courtyard, Shoreham Road Upper Beeding.

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