Apex Auto Parts Ltd

Apex Auto Parts Ltd, based in Barking, UK, is a small, active company founded seven years ago. With ten employees and £1,402,845 in assets, it operates from a real address and is managed by one director and owner. The company regularly imports and exports machinery, boilers, and mechanical appliances parts—192 months of imports and 371 months of exports recorded.

The business runs an online store, apexautoparts.co.uk, selling a wide range of car parts and accessories for various vehicle makes and models. The site offers a comprehensive catalog, from engine components to bodywork protection, and even includes a section for tuning and styling. It seems like they're trying to cater to a broad range of customers, from everyday drivers to car enthusiasts. The site also features a "popular searches" section, suggesting they're tracking customer behavior to optimize their offerings.

Financially, Apex Auto Parts Ltd shows some interesting trends. Cash reserves increased by 21%, reaching £450,000, which is a positive sign. However, creditors have also risen significantly—both within one year (51%) and after one year (52%), reaching £120,000 and £350,000 respectively. This could indicate increased purchasing or perhaps a reliance on credit. Debtor amounts also increased by a large 310%, reaching £140,000, which could be a cause for concern if these payments are not received promptly. The company’s small size (meeting two of three conditions for being a small company) allows for flexibility, but the increase in creditors and debtors suggests they may be stretching their resources. The accounts are abridged and unaudited, so the numbers rely on director-reported data.

The company is a small operation, but it seems to be working hard to serve the automotive parts market. Whether the increased costs and debtors will be manageable in the long run remains to be seen.

Registered in England/Wales under the registration number 11229260, with a registered address at IG11 0EA, England, Barking, Unit 20, River Road Business Park, 33 River Road.

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