King Components Limited

King Components Limited, based in Liverpool, UK, is a small, active company founded 26 years ago. With 11 employees and £808,078 in assets, it’s a well-established player in the motor vehicle parts and accessories wholesale trade. The company, run by two directors and a solo founder, boasts a solid 4.0 Google rating from seven reviews, reflecting a positive customer experience. It's a regular importer, specializing in machinery, boilers, and mechanical appliances parts, with 51 months of import activity recorded.

The company’s website highlights its position as “the North West’s leading motorfactor,” specializing in new and used engine components. It caters to a wide range of customers, from car owners to commercial and industrial clients, offering a diverse inventory of parts for European, Japanese, Korean, American, marine, and even Kubota and Yanmar engines. The site emphasizes prompt deliveries and a vast selection, suggesting a focus on customer service and availability.

Financially, King Components Limited presents a mixed picture. Current assets increased by a respectable 15%, reaching £810,000, while net assets grew by 24% to £360,000. However, bank borrowings decreased by 40%, dropping to £23,000, and cash reserves rose significantly by 90%, reaching £290,000. Creditors also increased by 12%, reaching £470,000. The company’s size—meeting two of three criteria for a small company—allows for agility, but the rise in creditors warrants closer attention. With no auditor mentioned, the financial statements are unaudited.

Overall, King Components Limited seems to be navigating a period of growth, with strong asset and cash positions. However, the increase in creditors suggests a need to manage short-term liabilities carefully.

Registered in England/Wales under the registration number 03750873, with a registered address at L11 0ED, United Kingdom, Liverpool, Merseyside, Unit 20 Stonebridge East, Invincible Way.

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