B.m.g. Autoparts Limited

BMG Autoparts Ltd, based in Leatherhead, UK, is a small, family-run business with an active status, celebrating 38 years in operation. Employing 31 people and holding £3,028,907 in assets, it’s a well-established player in the automotive parts sector. The company, led by four directors and two owners, boasts a stellar 5.0 Google rating from 64 reviews, a testament to its customer service. It’s an irregular importer of machinery, boilers, and mechanical appliances, with its last import operation occurring in October 2023.

BMG Autoparts operates primarily as a wholesale supplier of car parts and accessories. Its website showcases a comprehensive range of products, from clutches and brake pads to batteries and workshop tools. The company doesn’t appear to be operating an e-commerce site directly, instead focusing on B2B sales and service. It delivers to a wide area across the South East of England, emphasizing its commitment to local businesses. The company also highlights its experience with OE (Original Equipment) parts, suggesting a deep understanding of the automotive industry.

Financially, BMG Autoparts Ltd presents a mixed picture. Bank borrowings have surged dramatically, increasing by 31,000%, reaching £310,000 – a significant change. Creditors have also risen, increasing by 21% to £2,600,000, and trade debtors are up 19% to £2,500,000. However, current assets have also increased by 19% to £3,000,000, and net assets are up 6% to £440,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the increase in debt raises concerns. With no auditor mentioned, the financial statements are unaudited. It’s likely the company is still burning through money, but it has a strong reputation and a loyal customer base.

Registered in England/Wales under the registration number 02063159, with a registered address at KT22 7DL, Leatherhead, Surrey, Unit 5 Rydon Business Park, Barnet Wood Lane.

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