Autocarpart1 Ltd

Autocarpart1 Ltd from Birmingham UK: a small, active company founded four years ago, holds £81,110 in assets, and operates from a real address. It's a solo founder venture with one director and owner, running an e-commerce site and irregularly importing rubber and rubber products—just one month of imports recorded as of November 01, 2020. The company is involved in the retail trade of motor vehicle parts and accessories.

The company’s website, while not detailed, confirms its e-commerce focus. It’s clear Autocarpart1 Ltd is selling motor vehicle parts and accessories online, likely targeting a UK-based customer base. The site’s presence suggests a direct-to-consumer model, bypassing traditional dealerships or wholesalers.

Financially, Autocarpart1 Ltd presents a mixed picture. Current assets have increased by 41% to £81,000, which is good, but net assets have jumped to £33,000 from a negative £14,000—a significant turnaround. Bank borrowings, however, have fallen by 410% to -£61,000, and cash reserves have increased to £37,000. Trade debtors have also increased by 200%, which could be a concern if payments aren’t received promptly. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the accounts are unaudited.

The company’s financial recovery is encouraging, but the increase in trade debtors warrants attention. The solo founder model, while efficient, could also place a heavy burden on the director. The irregular import activity suggests a flexible sourcing strategy, but also potential supply chain vulnerabilities.

Registered in England/Wales under the registration number 12717039, with a registered address at B6 4TN, England, Birmingham, 303 Telsen Centre 55 Thomas Street.

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