Parts4engines Limited

Parts4engines Limited, based in Sheffield, UK, is a small holding company with an active status, established fourteen years ago in 2011. Employing ten people, the company holds £2,304,966 in assets and operates from a real address in Riverside Park. With two directors and one owner, Parts4engines Limited runs an e-commerce site and regularly imports and exports machinery, boilers, and mechanical appliances, parts. It has a respectable Google rating of 4.0 based on 35 reviews.

The company’s website, Parts4Engines, is a comprehensive online store specializing in aftermarket and original equipment (OE) parts for engines. The site offers a wide range of products, from high-visibility workwear to fire extinguishers, ladders, and safety signage. The website has a large selection of countries and currencies, which is quite impressive. It also has a blog with useful articles.

Financially, Parts4engines Limited shows a mixed picture. Current assets increased by 14% to £2,300,000, while net assets also grew by 17% to £2,100,000. Cash reserves increased by a significant 40% to £240,000, suggesting improved liquidity. However, trade debtors also rose by 14% to £1,600,000, which could indicate challenges in collecting payments. Creditors decreased by 11% to £230,000, which is a positive sign. 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 agile. With no auditor mentioned, the figures are based on unaudited statements.

The company’s growth in cash reserves and net assets is encouraging, but the increase in trade debtors warrants monitoring. The e-commerce operation appears robust, and the company’s focus on providing quality parts and services should help it sustain its growth.

Registered in England/Wales under the registration number 07568676, with a registered address at S2 4BB, England, Sheffield, South Yorkshire, Unit 9 Riverside Park, Sheaf Gardens.

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