Maverick Components (uk) Limited

Maverick Components (uk) Limited, based in Sunderland, UK, is a small, active company established fifteen years ago in May 2010. With two employees and £26,651 in assets, it operates from a real address shared by two other companies. The business is overseen by three directors and two owners, although the list of owners changed four years ago. It functions as an irregular importer, primarily dealing with plastics and plastic products, with a single month of import activity recorded as of March 2018. The company’s core business involves wholesale trade of motor vehicle parts and accessories.

The company’s website, Maverick Engineering Limited, showcases a broader scope of engineering services. While Maverick Components focuses on parts and accessories, Maverick Engineering highlights expertise in precision machining, fabrication, and design. The website suggests a focus on bespoke solutions for various industries, including aerospace, automotive, and medical. It's not immediately clear if these are distinct business units or integrated operations.

Financially, Maverick Components (uk) Limited presents a mixed picture. Current assets have decreased by 33% to £27,000, while net assets also fell by 1.6% to £20,000. Bank borrowings have decreased by 40% to £2,900, and cash reserves have increased by 6.1% to £7,200. However, trade debtors have increased dramatically, soaring by 780% to £11,000, and total inventories have plummeted 73% to £8,700. Creditors have also decreased by 40%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the significant increase in debtors could indicate payment delays. As a small company, it is exempt from an audit, and the financial statements are unaudited.

Overall, Maverick Components (uk) Limited seems to be navigating a period of change. The decline in assets and inventories, combined with the rise in debtors, suggests potential cash flow pressures. The company’s success will likely depend on its ability to manage these challenges while leveraging its expertise in the automotive parts and accessories market.

Registered in England/Wales under the registration number 07248673, with a registered address at SR2 0PF, Sunderland, Tyne And Wear, The Green, Ryhope Village.

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