Ocean Car Parts Ltd

Ocean Car Parts Ltd, based in London, UK, is a small, active company founded eight years ago in 2016. It employs four people and holds £96,618 in assets. With two directors and one owner, the company operates from a real address and is registered as a private limited company. It's a regular importer of prepared or preserved plant-based foods, having imported for four months, and a regular exporter of vehicles, parts, and accessories (excluding trains and trams), exporting for three months.

The company’s website reveals a specialized focus: supplying Land Rover car parts. It positions itself as a premier global supplier, offering over 40,000 genuine, OEM, and quality aftermarket Land Rover parts at competitive prices. The site also caters to requests for parts for Jeep, Jaguar, Mercedes, Porsche, BMW, Audi, VW, and Volvo vehicles. They offer express shipping and wholesale access, and even boast a technical team to assist customers. The website also highlights a mission to provide only high-quality parts from trusted suppliers.

Financially, Ocean Car Parts Ltd shows a mixed picture. Current assets have decreased by 17% to £97,000, while net assets have also fallen slightly to £15,000. Bank borrowings have decreased by 16% to £34,000, and cash reserves have increased by 67% to £26,000. However, debtors have fallen significantly by 30%, suggesting potential issues with collecting payments. Creditors have also decreased by 16%, which could be a positive sign of better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the drop in debtors is something to watch. No auditor is mentioned, likely due to its status as a small company.

Overall, Ocean Car Parts Ltd appears to be navigating a competitive market. While its specialized focus on Land Rover parts could be a strength, the financial data suggests some challenges in managing cash flow and collecting payments. The company’s continued success will likely depend on maintaining its reputation for quality and service.

Registered in England/Wales under the registration number 10450065, with a registered address at NW10 6RE, United Kingdom, London, 5 Pembroke Buildings Cumberland Park, Scrubs Lane.

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