Nationwide Trailer Parts Ltd

Nationwide Trailer Parts Ltd, based in Wetherby, UK, is a small, active company founded fifteen years ago. With thirteen employees and £1,579,930 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports electrical machinery and equipment (178 months) and exports vehicles, parts, and accessories (60 months), showcasing a diverse trading profile.

The company’s website is not available, making it difficult to ascertain the specifics of its online presence and sales channels. However, the company operates in the wholesale trade of motor vehicle parts and accessories industries.

Financially, Nationwide Trailer Parts Ltd presents a mixed picture. While cash bank on hand has significantly decreased by 72% to £84,000, current assets have also fallen by 8.8% to £1,600,000. Creditors have decreased by 17%, which is a positive sign of improved debt management. However, a notable increase in trade debtors (6.9%) suggests potential challenges in collecting payments. The company’s equity has increased by 5.4% to £710,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in cash reserves warrants attention. The company is exempt from an audit, so the financial data relies on unaudited statements.

Overall, Nationwide Trailer Parts Ltd appears to be navigating a period of change. The decrease in cash reserves and increase in trade debtors could indicate growing financial pressures, while the decrease in creditors suggests better debt management.

Registered in England/Wales under the registration number 06949870, with a registered address at LS23 7FA, England, Wetherby, Unit 7 Ash Way, Thorp Arch Estate.

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