Extra (uk) Limited

Extra UK Ltd, based in London, is a sizable holding company with an active status, having operated for three decades. Employing 32 people and boasting assets of £14,172,473, the company is a regular importer and exporter of vehicles, parts, and accessories (excluding trains and trams), with a substantial 471-month import history and 4-month export record. It holds a respectable 4.0 Google rating from four reviews.

The company’s website reveals a B2B platform for the automotive parts and accessories industry. It doesn't appear to be a direct-to-consumer e-commerce site, but rather a marketplace or wholesale distributor. Categories range from apparel and components to nutrition and hydration, suggesting a broad offering for automotive professionals and retailers. Brands like Topeak, OnGuard, Met, Maxxis, and Fizik are prominently featured, indicating a focus on quality and established names. The site includes a dedicated section for dealers, requiring login credentials, further reinforcing its B2B model.

Financially, Extra UK Ltd presents a mixed picture. While revenue remained steady at £13 million, net assets increased by 12% to £12 million, reflecting a strengthening position. However, administrative expenses jumped significantly by 97%, potentially due to increased marketing or operational costs. Bank borrowings decreased by 38%, suggesting improved debt management. Cash reserves, however, declined by 44%, which could be a concern if not managed carefully. Staff costs decreased by 10%, likely a response to the increased administrative costs. The company’s auditor, Moore Kingston Smith LLP, has noted that the financial statements have been prepared in accordance with FRS 102.

The company’s large size (meeting two of three criteria for a large company) and its consistent import/export activity suggest a stable business model. The rise in administrative costs, however, warrants attention. The company’s reliance on established brands and its B2B focus indicate a strategy of providing value to industry professionals rather than competing directly in the consumer market.

Registered in England/Wales under the registration number 03001918, with a registered address at SW15 6NP, England, London, S.6 210 Upper Richmond Road, Hill House.

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