Northern Truck Services Ltd

Northern Truck Services Ltd, based in Wakefield, UK, is a small, active company founded seven years ago in 2017. With five employees and £310,317 in assets, it operates from a real address and is overseen by two directors and one owner. The company boasts a stellar 5.0 Google rating from ten reviews. It’s an irregular importer, primarily dealing in vehicles, parts, and accessories (excluding trains and trams), with the last import activity recorded one month ago.

The company’s website reveals a focus on heavy goods vehicle (HGV) transmissions and gearboxes. It offers retail parts, an eBay shop for reconditioned gearboxes, differential and axle repair, and even a nationwide vehicle recovery service. They also offer light goods vehicle services. It's clear they cater to both local garages and larger commercial operations, with a focus on quality reconditioned parts and expert repair services.

Financially, Northern Truck Services Ltd shows a mixed picture. While bank borrowings decreased by 37%, cash bank on hand dropped 7.5% to £43,000. Creditors, however, increased significantly by 98%, reaching £54,000. Trade debtors saw a dramatic decrease of 58%, falling to £48,000. Despite these fluctuations, the company's net assets grew by 35% to £100,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 75 employees) allows for flexibility, but the increase in creditors suggests a need for careful cash flow management. The accounts are unaudited, a common practice for small companies.

Overall, Northern Truck Services Ltd appears to be a specialist in HGV transmissions, maintaining a strong reputation for quality and service. While the financials show some challenges, the company’s niche focus and positive customer reviews suggest a solid foundation for continued success.

Registered in England/Wales under the registration number 11040410, with a registered address at WF2 9JF, Wakefield, West Yorkshire, Unit 1 Flanshaw Lane.

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