James Sherlock Limited

James Sherlock Ltd from Barnstaple UK: a small, active company founded 20 years ago, employs 14 people, and holds £472,499 in assets. It operates from a virtual address, managed by two directors and one owner. The business is a regular importer of vehicles, parts, and accessories (excluding trains and trams), with 57 months of import activity recorded, the last in November 2024. It’s an irregular exporter, with just two months of export activity, the last in October 2023.

The company’s website showcases a comprehensive catalogue of motorcycle parts and accessories. It's a vast selection, broken down by brand (BMW, K75, R1200, and more) and part type, from brakes and clutches to engines and exhausts. The site also highlights a second-hand parts division, offering used components and restoration services. It’s clear that James Sherlock Ltd caters to a dedicated community of BMW motorcycle enthusiasts.

Financially, James Sherlock Ltd presents a mixed picture. Current assets have decreased by 3.6% to £470,000, while net current assets have plummeted to a negative £140,000—a significant shift. Debtors have fallen sharply, by 37%, to £41,000, which could indicate improved collection efforts. However, creditors have increased substantially, by 18%, to £610,000. Equity has also declined by 18%, to £280,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, relying on unaudited statements.

The company's retained earnings and accumulated losses have also decreased. It seems the business is facing some financial pressures, but its focus on a niche market and dedicated customer base could provide a foundation for future stability.

Registered in England/Wales under the registration number 05238269, with a registered address at EX32 8HR, Barnstaple, Devon, C/O D W Crick & Co, 15a Silver Street.

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