A 1 Motor Stores Limited

A1 Motor Stores Ltd from Hinckley UK: a small, active company founded 36 years ago in 1988, employs 14 people and holds £1,990,285 in assets. It’s a real address with 8 directors and 3 owners, operates an e-commerce site, and has a solid 4.0 Google rating from 198 reviews. The company regularly imports electrical machinery and equipment, with 34 months of import activity recorded.

The company’s website, A1 Motor Spares, is a comprehensive online retailer of car parts and workshop supplies. It offers a vast catalog, from batteries and bonnets to specialist tools and valeting products, catering to both trade and retail customers. The site is well-organized, with a searchable database, model-specific parts listings, and detailed product descriptions. It even provides a range of services, including vehicle security and in-car technology upgrades.

Financially, A1 Motor Stores Ltd shows a mixed picture. Current assets decreased by 6.1% to £2,000,000, while net assets increased by 14% to £910,000. Bank borrowings decreased by 52% to £23,000, and cash reserves increased by 58% to £1,100,000. Trade debtors decreased significantly by 49% to £430,000, which could indicate improved cashflow management. Creditors decreased by 21% to £920,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

Overall, A1 Motor Stores Ltd appears to be financially stable, with a strong cash position and improved debt management. However, the decrease in current assets is something to keep an eye on. The company’s online presence and wide product range position it well in the competitive automotive parts market, and it seems to be holding its own.

Registered in England/Wales under the registration number 02295035, with a registered address at LE10 3ER, Hinckley, Leicestershire, Unit 20 Waterfield Way, Sketchley Meadows, Burbage.

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