Appd Ltd

Appd Ltd from Wallsend UK is a small, active company founded three years ago in 2021. With a single employee and £24,234 in assets, it operates from a real address and is managed by two directors and a solo founder. Its Google rating sits at 3.0 based on ten reviews. The company is a regular importer of vehicles, parts, and accessories (not for trains or trams), with 52 months of import activity recorded, the last operation taking place in February 1995.

Appd Ltd’s website, salesautoperformancepartsdirect.com, is an online retailer specializing in automotive performance parts. The site offers a wide range of products, from air intake systems to wheels and tires, catering to a diverse customer base. It features a robust search function, detailed product descriptions, and a secure checkout process. The website also includes a comprehensive FAQ section and customer support contact information. The site offers various payment options and international shipping.

Financially, Appd Ltd presents a mixed picture. Current assets increased by a significant 120% to £24,000, while net assets also jumped by 280% to £31,000. However, cash bank on hand decreased by 65% to £3,900. Trade debtors have risen dramatically, increasing by 12,000% to £12,000, which could indicate a reliance on customer payments. Bank borrowings have also decreased, and creditors have fallen by 41%. The company meets the criteria to be considered small, with a turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it is exempt from an audit, and the figures are unaudited.

The company’s growth in assets and net assets is encouraging, but the drop in cash reserves and the rise in trade debtors warrant closer attention. The company’s management team, consisting of two directors, faces the challenge of balancing growth with financial stability. While the company’s Google rating isn’t stellar, it’s a start, and the online presence suggests a focus on customer service and a desire to build a loyal following.

Registered in England/Wales under the registration number 13742584, with a registered address at NE28 6HF, England, Wallsend, Newcastle Upon Tyne, Carville Works, Hadrian Road.

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