Bull Motif Spares Limited

Bull Motif Spares Ltd, based in Redditch, UK, is a small, active company founded 23 years ago. With six employees and £1,100,028 in assets, it operates from a virtual address, a detail worth noting, and is overseen by five directors and two owners. The company is a regular exporter of vehicles, parts, and accessories—a core activity spanning 24 months, with the most recent shipment in April 2024—but only occasionally imports, with just two months of import activity recorded back in 2017.

The company’s website, Bull Motif Mini Spares, is a specialist retailer of classic Mini parts, offering a vast catalogue from body panels and engines to interior trim and accessories. The site’s longevity, dating back to 1981, is a testament to its enduring appeal within the classic Mini community. It’s clear the company is focused on a niche market, offering a comprehensive range of parts and accessories for enthusiasts and restorers.

Financially, Bull Motif Spares Ltd presents a mixed picture. Current assets have decreased by 6.7% to £1,100,000, while net assets have fallen by 13% to £1,100,000. Creditors have increased significantly by 55% to £250,000, which might indicate increased supplier costs or extended payment terms. Cash reserves have also declined by 9% to £630,000. The company’s small size—meeting two of three conditions for being considered small—helps it remain flexible, but the decrease in equity raises questions about its long-term financial health. No auditor is mentioned, which is common for small, exempt companies.

Overall, Bull Motif Spares Ltd appears to be a well-established business catering to a dedicated market. While the financial figures suggest some pressures, its strong brand and specialist focus position it well for continued success.

Registered in England/Wales under the registration number 04343583, with a registered address at B98 8BP, England, Redditch, 8 Church Green East.

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