Jeeparts-uk Ltd

Jeeparts Uk Ltd from Colchester UK is a small, active company founded eight years ago in 2017. With seven employees and £198,614 in assets, it’s a family business operating from a real address, overseen by four directors and three owners. Boasting a stellar 5.0 Google rating from 24 reviews, Jeeparts Uk Ltd is a regular importer of vehicles, parts, and accessories (excluding trains and trams), with 30 months of import activity recorded. The company operates in the other service activities n.e.c. industries.

The business primarily imports and supplies vehicle parts and accessories, catering to a niche market. While a website isn's available, this suggests a focus on direct sales or wholesale distribution rather than a large-scale e-commerce operation. It's likely a business-to-business model, supplying garages, mechanics, or other businesses in the automotive sector.

Financially, Jeeparts Uk Ltd presents a mixed picture. While current assets increased by 22% to £200,000, net assets decreased by 87% to -£6,300. Bank borrowings decreased by 2.2% to £50,000, and cash reserves increased by 33% to £26,000. Trade debtors increased significantly by 2000%, suggesting a potential issue with collecting payments, or perhaps a recent expansion of credit terms. Creditors decreased by 39%, which could indicate better management of supplier payments. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the equity decline is concerning. The unaudited financial statements, as is common for small companies, rely on director-reported data.

It's clear that Jeeparts Uk Ltd is navigating a period of change. While the business maintains a strong reputation (as reflected in its Google rating) and has demonstrated some financial improvements, the significant equity loss warrants close attention.

Registered in England/Wales under the registration number 10636398, with a registered address at CO6 1HX, England, Colchester, The Old Coach Works Church Lane, Little Tey.

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