Kps Automotive Parts Limited

Kps Automotive Parts Ltd from Bedford UK: a small, active company founded 20 years ago, employs four people, and holds £189,769 in assets. It’s a real address with three directors and two owners. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 8 months of import activity and 11 months of export activity.

The company’s website reveals a focus on power steering components, supplying both original equipment (OE) and OE quality parts to the automotive industry across the UK, Europe, Africa, the Far East, and the USA. It caters to motor trade customers through national distributors, offering a wide range of products including JTEKT and HPI power steering racks, pumps, and columns. The website also highlights a specialized division focused on power steering conversion services for small-volume vehicle builders and electric vehicle conversions.

Financially, Kps Automotive Parts Ltd presents a mixed picture. Cash reserves have significantly increased by 300%, reaching £120,000, a positive sign. However, net assets have declined by 51%, settling at £5,700. Bank borrowings decreased by 20%, to £26,000, and trade debtors have fallen dramatically by 95%, to just £370. Creditors, however, have increased by 140%, reaching £160,000, and total inventories have jumped 620%, to £63,000. These numbers suggest a company that’s managing its cash flow well but potentially facing challenges in managing its liabilities. The company is small, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). As a small company, it is exempt from an audit, and the accounts are unaudited.

Registered in England/Wales under the registration number 05166690, with a registered address at MK45 4PF, England, Bedford, 7 Whitehill Road, Barton-Le-Clay.

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