Calibre Autoparts Limited

Calibre Autoparts Ltd from Scraptoft UK is a small holding company with an active status, founded ten years ago in 2014. The company employs just two people and holds assets valued at £492,319. It has a real address and is overseen by two directors and one owner. Calibre Autoparts is an irregular importer of rubber and rubber products (importing for just one month, with the last operation in 2018) and a regular exporter of carpets and textile floor coverings (exporting for five months, with the last operation in 2021).

The company operates in the manufacture of bodies (coachwork) for motor vehicles, the manufacture of other parts and accessories for motor vehicles, the wholesale trade of motor vehicle parts and accessories, and the other retail sale in non-specialised stores. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The Chubworthy Group Ltd owns Calibre Autoparts Limited. Chaggar Valinder and Chaggar Kiran Raj Singh are the directors.

Financially, Calibre Autoparts Ltd shows some concerning trends. Accumulated depreciation on furniture and fittings increased by 10%, while motor vehicle depreciation saw a dramatic 230% jump. Amounts owed by group undertakings decreased by 7.7%. Creditors rose significantly by 41%, and other creditors ballooned by 90%. However, cash bank on hand increased by 220%, and debtors decreased by 12%. The company’s net assets declined slightly by 1.2%. While the company’s small size allows for agility, the rise in creditors and the decrease in equity suggest it’s burning through cash. The lack of an auditor (likely exempt as a small company) means these figures are unaudited.

The company's financial data shows a trend of increasing costs and decreasing cash reserves, which could be a concern. It’s unclear whether these trends are typical for a small business or a sign of deeper issues, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 09100936, with a registered address at LE7 9TW, United Kingdom, Scraptoft, Leicester, Scraptoft House 11 Scraptoft Hall, Off James Way.

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