Iparts4u Limited

Iparts4u Ltd from Newport UK: small company, active status, founded 11 years ago, 12 employees, £655,786 assets, real address, 1 director, 1 owner, solo founder, e-commerce site, google rating 5.0 based on 81 reviews. Regular importer of electrical machinery and equipment (147 months imported). Iparts4u Ltd is a small, active company based in Newport, Wales, with a solid 11-year history. It employs twelve people and holds assets valued at £655,786. The company, founded by a solo entrepreneur, operates an e-commerce site and enjoys a stellar 5.0 Google rating from 81 reviews – a testament to its customer service. It’s a regular importer of electrical machinery and equipment, with 147 months of import activity recorded.

The company’s website clearly positions it as a one-stop shop for iPhone, iPad, and Samsung parts and accessories. It offers a wide range of products, from screens and batteries to cameras and repair tools, catering to both individual customers and professional repair shops. The site’s design is clean and user-friendly, with clear product categories, detailed descriptions, and a secure checkout process. It’s a well-established e-commerce operation.

Financially, Iparts4u Ltd shows some concerning trends. While net assets remained relatively stable at £300,000, cash reserves dropped by a significant 12% to £17,000. Bank borrowings increased by 35% to £110,000, suggesting the company is relying more on external financing. Trade debtors also increased by a substantial 150%, which could indicate difficulties in collecting payments from customers. The decrease in finished goods by 15% might be a sign of slowing sales. However, the reduction in creditors by 10% suggests improved debt management. As a small company meeting two of three conditions (turnover under £10.2m, assets under £5.1m, and fewer than 25 employees), it’s likely exempt from an audit.

Overall, Iparts4u Ltd appears to be a well-regarded e-commerce business with a strong online presence. However, the financial data reveals some challenges, particularly around cash flow and debt management. Whether these are temporary setbacks or longer-term issues remains to be seen, but the company will need to carefully monitor its finances to ensure its continued success.

Registered in England/Wales under the registration number 08594441, with a registered address at NP19 0LW, United Kingdom, Newport, Newport, Unit 1 Phoenix Business Park, Telford Street.

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