Parts Station Limited

Parts Station Limited, based in Nuneaton, UK, is a small, family-run holding company with an active status. Established sixteen years ago in December 05, 2008, the company holds £1,124,543 in assets and operates from a real address at 8 The Courtyard, Goldsmith Way Eliot Business Park. It’s managed by two directors and owned by three individuals. The business regularly imports machinery, boilers, and mechanical appliances, including parts, with 129 months of import activity recorded. It also exports similar items, with 28 months of export activity.

The company's website, PartsStation, focuses on selling spare parts for dairy processing machinery. It caters to brands like Tetra Pak, GEA, APV, and ROKK, offering a wide range of components and services, including restoration and disaster recovery. The site emphasizes fast shipping, competitive pricing, and expert knowledge. It even has a section dedicated to selling machinery.

Financially, Parts Station Limited presents a mixed picture. Current assets have decreased significantly by 45%, dropping to £620,000. Net assets have also fallen by 44%, now standing at £470,000. Bank borrowings have increased by a substantial 1,200%, reaching £150,000, while cash reserves have decreased by 31%, now at £220,000. Creditors have also seen a decline, with a 45% reduction to £170,000. Debtors have seen a considerable drop, with a 63% decrease to £230,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and less than 50 employees. The lack of an auditor mentioned suggests it's exempt as a small company.

The company’s financial trends suggest it may be facing some financial pressures, although it is still operational. The decrease in assets and cash reserves, coupled with increased borrowings, warrants close monitoring. However, the reduction in creditors indicates improved debt management. The family ownership and focus on niche machinery parts could provide a competitive advantage, but the long-term sustainability will depend on its ability to navigate these financial challenges.

Registered in England/Wales under the registration number 06766402, with a registered address at CV10 7RJ, Nuneaton, 8 The Courtyard, Goldsmith Way Eliot Business Park.

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