European Auto-parts Exporters Ltd

European Auto-Parts Exporters Ltd, based in Stoke-On-Trent, UK, is a small, active company founded seven years ago. With a single employee and £102,861 in assets, it’s a lean operation managed by one director and owner. The company regularly imports machinery, boilers, and mechanical appliances parts (15 months) and exports vehicles, parts, and accessories (50 months), excluding those for trains or trams. It has a real address, and is registered with Companies House.

The business operates in the wholesale and retail trade of motor vehicle parts and accessories, as well as agricultural, mining, and construction machinery. It caters to fleet owners, operators, installers, and stockists, offering a broad product range from a single location. The company’s website emphasizes a B2B wholesale model, with a focus on international markets. It’s clear that they are trying to be a one-stop solution for spare parts.

Financially, European Auto-Parts Exporters Ltd presents a mixed picture. Cash bank on hand increased by 27%, rising to £54,000, which is a good sign. However, retained earnings and accumulated losses plummeted by a staggering 84%, dropping to just £2,900. Trade debtors decreased by 37%, which is positive, but creditors rose by 18% to £100,000. The company’s inventory increased significantly, by 200%, reaching £15,000. It’s a small company, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, fewer than 50 employees). There’s no mention of an auditor, which is common for small companies.

The sharp decline in equity suggests the company may be burning through cash, although the increase in cash reserves provides some buffer. The rise in creditors could be due to increased purchasing to meet demand, or perhaps a sign of stretched finances. It's possible that the company is experiencing growing pains as it expands its export activities.

Registered in England/Wales under the registration number 11131147, with a registered address at ST4 2LW, England, Stoke - On - Trent, Staffordshire, Trent House 234 Victoria Road, Fenton.

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