Parts Usa Ltd

Parts USA Ltd, based in Stockport, UK, is a small, active company established ten years ago. With two employees and £109,065 in assets, it operates from a real address and is overseen by one director and owner. The company regularly imports vehicles, parts, and accessories (excluding trains and trams) – a consistent activity spanning ten months, with the latest import in July 2024. Export activity is less frequent, occurring just once in the past year, also involving vehicles, parts, and accessories.

The company’s website reveals a more detailed picture: Parts USA specializes in authorized parts, service, and repair for North American vehicles, particularly General Motors brands like Cadillac, Corvette, and HUMMER. They offer a range of services, including parts sales (both genuine and aftermarket), manufacturer-approved service and repair, bodywork, warranty work, and even crash repair. The website emphasizes their ability to deal directly with insurance companies and offers express delivery and international shipping options. They even have a showroom in Harrods, London.

Financially, Parts USA Ltd presents a mixed bag. Cash reserves have significantly increased by 180%, reaching £68,000 – a positive sign. However, trade debtors have decreased by 42%, potentially indicating slower customer payments. Creditors have also dropped by 29%, suggesting improved debt management. Plant and machinery depreciation increased by 7.8%, and bank borrowings decreased by 34%. The company's small size (meeting two of three criteria for a small company) allows for agility, but the rise in other creditors by 760% is a concerning trend. No auditor is mentioned, likely due to the company's exemption as a small entity.

Overall, Parts USA Ltd seems to be navigating a period of change. The increased cash reserves are encouraging, but the rise in other creditors warrants closer attention. The company’s focus on specialized repairs and parts for North American vehicles, combined with its online presence, positions it well in a niche market—though sustaining this growth will depend on managing its financial obligations.

Registered in England/Wales under the registration number 09398969, with a registered address at SK6 2SN, Stockport, 13 The Gate Centre Bredbury Parkway, Bredbury.

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