Multiparts Europe Ltd

Multiparts Europe Ltd, based in Wakefield, UK, is a small, active company founded twelve years ago. With nine employees and £3,541,331 in assets, it operates from a virtual address, managed by two directors with no reported owners. The company is a regular importer and exporter of vehicles, parts, and accessories (excluding trains and trams), with 106 months of import activity and 63 months of export activity recorded.

The company’s website highlights its focus on aftermarket drivetrain parts, emphasizing quality, precision, and multilingual support. It caters to a wide range of vehicle brands, from Abarth to Volvo, offering CV joints, driveshafts, and other essential components. The site also features a vacancies section, currently seeking an International Sales Executive.

Financially, Multiparts Europe Ltd’s numbers show a mixed picture. Current assets decreased by 11% to £3,500,000, while net assets fell by 4.4% to £2,100,000. Cash bank on hand took a significant hit, dropping 38% to £1,100,000. Trade debtors increased by 13% to £1,100,000, which could be a sign of increased sales but also potential payment delays. Creditors decreased by 22%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in cash reserves warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited. The company’s financial data suggests it’s facing some pressures, but it’s still operating and actively seeking to expand its sales team.

Registered in England/Wales under the registration number 08084710, with a registered address at WF2 0TD, England, Wakefield, 3 Westways Rise, Wrenthorpe.

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