Brakes International Limited

Brakes International Ltd from Lancashire UK: a small, active company founded 35 years ago, employs 23 people, and holds £1,822,016 in assets. It’s a real address with two directors and three owners, boasting a stellar 5.0 Google rating from 212 reviews. The company is a regular importer, specializing in vehicles, parts, and accessories (excluding trains and trams), with nine months of import activity recorded.

The company’s website, Brakeparts.co.uk, positions itself as a “superstore” for car brake parts – discs, pads, and calipers – catering to a wide range of vehicles. It’s clear that Brakes International is primarily focused on the wholesale and retail trade of motor vehicle parts and accessories. The site suggests a strong emphasis on online sales and a broad inventory.

Financially, Brakes International Ltd presents a mixed picture. While net assets increased by 7.1% to £1,800,000, cash reserves grew by a significant 19% to £1,100,000, and current assets rose by 14% to £1,800,000, there are some concerning trends. Accrued liabilities decreased by 61%, which could indicate better financial management, but creditors increased by 23%, suggesting a reliance on short-term financing. Trade debtors also increased by 18%, which could mean customers are taking longer to pay. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit.

Overall, Brakes International Ltd appears to be a stable, well-regarded business, but the increase in debt suggests it’s burning through cash a little faster than it’s bringing in revenue. The company’s strong Google rating and focus on a specialized market—car brake parts—should help it weather any short-term challenges.

Registered in England/Wales under the registration number 02458496, with a registered address at OL16 1QN, Lancashire, Moore Street, Rochdale.

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