One Carpart Limited

One Carpart Limited, based in Stourbridge, UK, is a small, active company founded seven years ago in 2017. With six employees and £464,581 in assets, it operates from a real address on the Lye Valley Industrial Estate. The business is run by a single director and owner, Parlak Ahmet, and maintains an e-commerce site with a respectable Google rating of 4.0 based on 15 reviews. The company regularly imports electrical machinery and equipment, with 24 months of import activity recorded, the last in February 2023.

The company's core business involves wholesale and retail trade of motor vehicle parts and accessories, with sales conducted via mail order and internet industries. It’s a relatively small operation, meeting two of three criteria to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The website showcases a range of automotive parts and accessories, suggesting a focus on serving both trade customers and individual vehicle owners.

Financially, One Carpart Limited presents a mixed picture. Current assets increased by 22% to £460,000, while net assets grew by 8.4% to £240,000. Cash reserves experienced a significant boost, rising 48% to £28,000. However, creditors increased by 37% to £230,000, and trade debtors also rose by 17% to £81,000. The company’s reliance on retained earnings, which grew by 8.4% to £240,000, suggests it’s reinvesting profits back into the business. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

Overall, One Carpart Limited appears to be a stable, growing business, though the increase in creditors warrants monitoring. The company’s focus on e-commerce and regular imports, combined with its solid Google rating, position it well for continued success in the competitive automotive parts market.

Registered in England/Wales under the registration number 10751139, with a registered address at DY9 8HX, England, Stourbridge, Unit 26 Lye Valley Industrial Estate.

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