Original Equipment Parts Limited

Original Equipment Parts Limited is a small, active company based in Leeds, UK, founded 22 years ago in December 2002. With £812,897 in assets and a real registered address, it's a business run by two directors and a single owner—the solo founder. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with 45 months of import activity recorded, the last in October 2024.

The company operates in both the wholesale trade of motor vehicle parts and accessories and the retail sale not in stores, stalls or markets. Its website showcases a wide range of products, from alloy steel wheels to engine parts, emphasizing “Original Equipment Parts at Factor Prices.” A key selling point is the comparison to genuine parts—highlighting that the difference is simply the box, not the quality. The site also features a blog discussing OEP parts and their applications, and includes a FAQ section. It's clear the company is targeting trade customers and emphasizing value.

Financially, Original Equipment Parts Limited presents a mixed picture. While current assets increased by 29%, to £810,000, cash bank on hand plummeted 51%, falling to £56,000. Debtors have risen significantly, increasing by 58% to £760,000, which could be a sign of growth but also a potential risk if payments are delayed. Equity, however, has seen a substantial increase of 110%, reaching £430,000, suggesting improved profitability. Creditors decreased by 9.6%, to £390,000, which is a positive sign. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no auditor mentioned, likely due to its small size.

Overall, Original Equipment Parts Limited appears to be growing, but the sharp decline in cash reserves warrants attention. The increase in debtors could be a temporary blip, but it’s something to monitor closely. The significant growth in equity, however, indicates the company is generating profits and building a solid financial foundation.

Registered in England/Wales under the registration number 04618741, with a registered address at LS12 6UB, Leeds, West Yorkshire, Unit 8 United Business Park, Lowfields Road.

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