Bussell Parts Ltd

Bussell Parts Ltd from Taunton, UK, is a small, family-run business with an active status, established twelve years ago. Employing eight people, the company holds £695,280 in assets and operates from a virtual address, registered to thirty-five companies – a bit unusual. Two directors and two owners manage the business, which regularly imports and exports machinery, boilers, and mechanical appliances parts.

The company specializes in dismantling and supplying parts for Kobelco and New Holland construction equipment, operating as the largest dismantler in the UK. They offer both used and new parts, including genuine and aftermarket options, and even provide expert advice on machine troubleshooting and solutions. Bussell Parts also buys old or damaged equipment and parts, further expanding their services. They have a website that is well-designed and informative, and even offer worldwide delivery.

Financially, Bussell Parts Ltd shows a mixed picture. Cash reserves have dramatically increased by 300% to £92,000, a very positive sign. However, bank borrowings have decreased by 40%, and current assets have increased by 9.5%. Trade debtors have significantly decreased by 35%, which might indicate better debt collection practices, but also potentially lower sales. Creditors have also decreased, which is a good thing. Despite these changes, the company’s net assets have increased by 11%, suggesting a healthy overall financial position. The company is small, meeting two of the three criteria for a small company, and the lack of an auditor is typical for a business of this size.

The company’s focus on specialized equipment parts and its strong online presence suggests a niche market strategy. The increased cash reserves are encouraging, but the decrease in trade debtors warrants further monitoring. It’s a solid, family-run operation, and it seems to be doing well.

Registered in England/Wales under the registration number 08459824, with a registered address at TA2 6AF, England, Taunton, Somerset, 141 Staplegrove Road.

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