M. W. Truck Parts Ltd

M. W. Truck Parts Ltd, based in Bridlington, UK, is a small, active company founded nine years ago in 2015. With three employees and £53,742 in assets, it operates from a real address on the Carnaby Industrial Estate. The business is run by a solo founder, Watti Hazem Mark, who also serves as director and owner. The company’s primary focus is retail trade of motor vehicle parts and accessories, operating an e-commerce site with a wide range of products, from axles and engines to hydraulics and electrical components. It regularly imports machinery, boilers, and mechanical appliances – parts, with 26 months of import activity recorded, and occasionally exports vehicles, parts, and accessories, with one month of export activity.

The company's online store, M W Truck Parts and Hydraulics, offers a comprehensive selection of truck parts and hydraulic solutions. It caters to both commercial and industrial customers, with a focus on competitive pricing and fast delivery. The website also highlights a dedicated division, M W Hydraulics, specializing in hydraulic wet kits and equipment for applications like tipping trailers and walking floor trailers. The site even offers DIY hydraulic kits, appealing to both qualified engineers and hobbyists. The company boasts a 5-star Google rating, reflecting positive customer experiences.

Financially, M. W. Truck Parts Ltd presents a mixed picture. Current assets have decreased by 28% to £54,000, while net assets have increased by 11% to £19,000. Bank borrowings have significantly reduced by 73%, dropping to £11,000, and cash reserves have increased by 220%, reaching £6,600. Trade debtors have risen by 91%, suggesting a possible increase in credit sales. 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 increase in trade debtors warrants monitoring. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, M. W. Truck Parts Ltd appears to be navigating a period of change, with a focus on online sales and hydraulic solutions. While the financial picture is somewhat volatile, the company's strong online presence and positive customer reviews suggest a solid foundation for future growth.

Registered in England/Wales under the registration number 09688986, with a registered address at YO15 3QY, England, Bridlington, Carnaby Industrial Estate Lancaster Road, Carnaby.

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