Motor Trade Parts Limited

Motor Trade Parts Ltd from Preston UK: a small, active company founded six years ago, employs two people, and holds £48,922 in assets. It’s a real address with two directors and two owners. The company irregularly imports furniture, lighting, and prefabricated buildings—just two months’ worth, with the last import occurring in September 2024.

The business operates as an online marketplace, MotorTradeParts.com, catering to motor trade professionals, auctions, traders, and enthusiasts. The website offers a wide range of consumables, including car key tags, locking wheel nut bags, valeting supplies, and tools. It's not just a website, they say, but a dedicated marketplace. Free shipping is offered on all orders. The site also features a blog and FAQs, with content highlighting the company’s family-owned status and commitment to customer satisfaction. They even have a blog post introducing their new range of valeting kits.

Financially, the company shows a mixed picture. Current assets are down slightly, at £49,000, while net assets are also down, at £33,000. Bank borrowings have decreased significantly, falling by 48%, which is good news. However, trade debtors have increased, suggesting they might be waiting on payments. The company’s small size—meeting two of three conditions for being considered small—helps with agility. There's no mention of an auditor, which is common for small companies.

Overall, Motor Trade Parts Ltd seems to be holding its own, but the increase in debtors is something to keep an eye on. The company's online presence and focus on a specific niche suggest a potential for growth, but managing cash flow will be key.

Registered in England/Wales under the registration number 11899852, with a registered address at PR4 4JN, England, Preston, Lancashire, Unit 2 6 Royalty Avenue, New Longton.

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