Nippon Auto Spares Limited

Nippon Auto Spares Ltd from Derby, UK, is a small, active company founded 18 years ago. With 11 employees and £748,172 in assets, it’s a well-established business led by a solo founder and four directors. The company operates from a real address and has been regularly importing and exporting vehicles, parts, and accessories (excluding trains and trams) for 91 and 121 months respectively.

The company’s website, nipponautospares.com, showcases a vast selection of Japanese car parts, catering to a wide range of makes and models. It’s an e-commerce operation, with a strong emphasis on online sales and a cookie policy that prioritizes user experience through personalized content and relevant advertising. The site is neatly organized, allowing customers to easily browse parts by make and model, and features a blog with helpful information and customer reviews. It also offers an engine fitting service, highlighting a commitment to customer support.

Financially, Nippon Auto Spares Ltd shows a mixed picture. While current assets increased by 11% to £750,000, net assets decreased by 3.3% to £260,000. Bank borrowings, however, have surged by a significant 120%, reaching £51,000—a potential sign of increased investment or working capital needs. Creditors also increased by 25%, reaching £490,000. The company’s size (meeting two of three conditions for being small) helps it remain flexible, but the increase in debt warrants attention. The company has not mentioned any auditor.

Overall, Nippon Auto Spares Ltd seems to be a thriving online retailer of Japanese car parts, but the increase in debt suggests it may be burning through money.

Registered in England/Wales under the registration number 06028854, with a registered address at DE24 8AG, England, Derby, Derbyshire, Abingdon Business Centre, 346 Osmaston Road.

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