Car Panels Direct Limited

Car Panels Direct Ltd is a small, active company founded 24 years ago, in 2001. Based in London, it employs nine people and holds £1,331,537 in assets. The company operates from a virtual address, registered at 6 Ritherdon Road, SW17 8QD, which is shared by twelve other businesses. It's a family business with two directors and two owners, Patel Amit Pravin and Patel Anup Mahendra. The company has a solid 4.0 Google rating from 247 reviews.

Car Panels Direct Ltd is a regular importer, specializing in vehicles, parts, and accessories (excluding trains and trams), with 87 months of import activity recorded, the latest being January 2025. The company operates in the wholesale trade of motor vehicle parts and accessories. It has a dedicated website, though its functionality is currently unclear.

Financially, the company shows some interesting trends. Cash bank on hand has increased significantly by 98% to £390,000, a positive sign. However, corporation tax payable has skyrocketed by 3000% to £73,000, which could be a temporary issue or a sign of increased profitability. Trade debtors have also risen sharply, increasing by 170% to £640,000, potentially indicating a need to manage customer payments more closely. Creditors have also increased by 25% to £630,000. On the positive side, net assets have grown by 50% to £710,000. The company’s small size—meeting two of three criteria for being classified as small—helps it remain flexible. There's no auditor mentioned, likely due to the company's exemption as a small entity.

Overall, Car Panels Direct Ltd appears to be navigating a period of growth, but the increase in tax payable and debtors warrants attention. It’s a solid, family-run operation with a good reputation, but keeping a close eye on its financial health will be key to its continued success.

Registered in England/Wales under the registration number 04146217, with a registered address at SW17 8QD, 6 Ritherdon Road, London.

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