Allparts Southwest Limited

Allparts Southwest Limited, based in Devon, UK, is a small holding company with an active status, celebrating 22 years since its founding. Employing 36 people, the company holds assets worth £4,175,608. While it has a registered address, it's likely a virtual one, as 25 companies share the same location. The business is overseen by four directors and owned by one individual, boasting an impressive Google rating of 5.0 based on 114 reviews. Regular imports of tanning and dyeing products have been ongoing for 57 months, with the latest operation recorded in March 2025.

The company operates in the wholesale trade of motor vehicle parts and accessories industries, with a strong focus on crash repair parts and bodyshop supplies. Its website highlights a dual business model: selling car parts and offering a service for selling vehicles, particularly those needing dismantling or recycling. It even provides a free collection service in several areas, emphasizing same-day pickup and competitive pricing for scrap vehicles. The site details a comprehensive process, from paperwork to DVLA notifications, and even offers advice on vehicle tax refunds.

Financially, Allparts Southwest Limited presents a mixed picture. Current assets increased by a healthy 12%, reaching £4,200,000, while net assets also rose by 12%, totaling £3,200,000. However, bank borrowings jumped by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Trade debtors increased by 890%, suggesting delayed customer payments or expanded credit terms. The company meets the criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The surge in bank borrowings and the drop in cash reserves could indicate increased investment in inventory or expansion efforts, but it’s also possible that the company is experiencing cash flow challenges. The company’s focus on recycling and dismantling vehicles aligns with growing environmental concerns and could provide a sustainable competitive advantage, but it also exposes it to fluctuations in scrap metal prices.

Registered in England/Wales under the registration number 04610674, with a registered address at EX8 1BD, Devon, 28 Alexandra Terrace, Exmouth.

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