Comline Auto Parts Limited

Comline Auto Parts Ltd, based in Bedford, UK, is a large, holding company with an active status, celebrating 37 years in business. Employing 129 people, the company boasts substantial assets of £23,014,548 and generates yearly revenue of £28,673,027. With seven directors and two owners, and a solid Google rating of 4.0 based on 67 reviews, it’s a well-established player in the automotive parts sector. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with a consistent history of 375 months of import activity and 313 months of export activity.

Comline Auto Parts Ltd operates as a wholesale distributor of automotive spare parts, catering to the UK and European car market. It’s a key supplier for branded parts, and its business model appears to be focused on efficient distribution and reliable service. The company’s website, while not explicitly e-commerce focused, highlights a wide range of parts and accessories, suggesting a business-to-business model with a focus on wholesale supply.

Financially, Comline Auto Parts Ltd presents a mixed picture. While revenue remained steady, current assets experienced a slight decrease, and bank borrowings increased significantly, reaching £6,000,000—a notable jump. Cash reserves also declined, although still remaining at a respectable £210,000. Interestingly, deferred tax assets have turned negative, indicating a shift in tax planning strategies. Despite these changes, the company's net assets remained relatively stable at £7,500,000. The company's size (meeting two of three criteria for a large company) suggests it’s a significant player in its sector. The accounts are unaudited, and the auditor, MHA, hasn’t been mentioned.

Overall, Comline Auto Parts Ltd appears to be a resilient company navigating a competitive market. The increase in bank borrowings and the decline in cash reserves warrant close monitoring, but the company’s established presence, consistent import/export activity, and positive customer reviews suggest a solid foundation for future growth.

Registered in England/Wales under the registration number 02227183, with a registered address at MK43 9ST, England, Bedford, Unit 4a Bedford Commercial Park Swallow Way, Wootton.

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