Nuts4wheels Limited

Nuts4wheels Ltd from Crediton, UK, is a small holding company with an active status, established thirteen years ago in 2011. Employing just three people, the company holds £1,133,926 in assets and operates from a virtual address, registered at 4 Market Street, Crediton. It’s managed by one director and one owner, and runs an e-commerce site. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 33 months of import activity and 3 months of export activity.

The company’s website showcases a range of aftermarket wheel nuts, locking nuts, spacers, wheel studs, alloy wheels, and spigot rings. It also highlights a line of steel off-road wheels and offers services like wheel nut conversion kits. The site emphasizes a wide selection, competitive pricing, and a user-friendly online shopping experience.

Financially, Nuts4wheels Ltd presents a mixed picture. Cash reserves increased by a significant 55% to £77,000, which is good news. However, trade debtors have increased dramatically, jumping 90% to £280,000, which could indicate payment delays. Creditors also rose by 5.9%, reaching £870,000, and bank borrowings increased to £770,000. Despite these pressures, net assets improved by 28%, reaching £300,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the rise in debt warrants close monitoring. No auditor is mentioned, consistent with its status as a small, unaudited company.

Overall, Nuts4wheels Ltd appears to be navigating a period of growth and increased activity, but the rise in debt suggests a need for careful financial management.

Registered in England/Wales under the registration number 07782030, with a registered address at EX17 2AJ, Crediton, Devon, 4 Market Street.

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