Mister Plug Ltd

Mister Plug Ltd is a small, active company based in Sunderland, UK, founded six years ago in 2018. With £40,914 in assets and a real registered address, it's a solo-founded operation run by a single director and owner. The business operates an e-commerce site, and its status is active.

The company’s website, MisterAuto, positions itself as a one-stop shop for car parts, offering a comprehensive range of components for almost all vehicles at competitive prices. Established in 1997, it’s one of the largest sellers of car parts online in Europe. The site caters to both ready-to-fit components and quality spare parts, with a focus on brakes, filtration systems, steering, and exterior equipment. It also offers a range of top brand car parts, including Audi, BMW, Citroen, and Ford.

Financially, Mister Plug Ltd shows a mixed picture. Cash bank on hand increased by 12% to £15,000, but net assets plummeted 92% to just £470. Creditors rose significantly by 70% to £41,000, while trade debtors jumped to £6,500. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. The company’s current assets increased by 41% to £41,000. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

While the e-commerce side appears active and well-reviewed, the financials reveal a need for careful management. Whether this is typical small business turbulence or a longer-term challenge remains to be seen, but for now, Mister Plug Ltd is betting on its niche market and customer satisfaction to turn the tide.

Registered in England/Wales under the registration number 11672066, with a registered address at SR4 7UT, United Kingdom, Sunderland, 4 Howarth Street.

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