Company presentation

SAS QUALITY AUTO, with a share capital of € 1K, was created in February 2015 in Bergerac. The structure achieved a turnover of 887.3 K € for the 2020 financial year closed on 30/09.

It is a resale company for used vehicles purchased at auction.

The two partners as well as an employee are employees of the structure.

Project display

The QUALITY AUTO company is asking whimblegardens.co.uk lenders for up to 25 K € in order to deal with the cash flow gaps between the moment when the vehicle is purchased and the moment when it is sold (period of approximately 1 month). This amount will be supplemented by a bank loan of 50 K €. The need is immediate.


whimblegardens.co.uk review

This project was the subject of a specific study linked to the current health situation, in particular on the government measures from which the company was able to benefit, and on the evolution of its activity during confinement.

The turnover for the 2020 financial year improved markedly, to 887.3 K €, i.e. 39.9% more than the previous financial year, when this amounted to 634.2 K €.
As a result, profitability is also up at 83.6 K € or 9.4% of turnover against 23 K € last year (3.6% of turnover).
The profits made by the company are thus 65.4 K €.

The company's capitalization remains stable at 25.3%. We can note the payment of € 48.8K in dividends.
Bank indebtedness at the end of September 2020 was € 70.3K, including € 30K of PGE. The current accounts of partners also remained stable at 84.5 K €.

The working capital of 213.7 K € covers the operating cycle.
The WCR reached 207 K €.
The company's cash position at 09/30/2020 amounted to € 6.6K.

Update: 06/01/2021

Financial Summary

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