Partsdoc Ltd

Partsdoc Ltd from Newtownards, UK, is a small, family-run company with an active status, established 14 years ago. Employing 29 people, it holds £2,206,047 in assets and operates from a real address. With two directors and two owners, it’s a tight-knit operation, boasting a solid 4.0 Google rating from 119 reviews. The company regularly imports vehicles, parts, and accessories (not for trains or trams) – a consistent activity spanning 46 months, with the latest import in January 2025. Export activity is less frequent, limited to just one month in August 2023.

The company’s website, Partsdoc, focuses on the retail trade of motor vehicle parts and accessories, and retail sales via mail order houses or via internet industries. It appears to be an e-commerce business, offering a wide range of automotive components and accessories.

Financially, Partsdoc Ltd presents a mixed picture. While net assets increased by 6.4% to £2,200,000, cash reserves declined by 51% to £160,000. Bank borrowings rose by 11% to £30,000, and trade debtors increased by 6.1% to £780,000. Creditors decreased by 16% to £210,000, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

The company’s financial data shows a concerning trend in cash reserves. While net assets are up, the sharp drop in cash suggests the company may be burning through money to support its operations. The increase in bank borrowings further reinforces this concern. It's a small business, and these fluctuations are common, but careful management will be needed to ensure long-term stability.

Registered in Northern Ireland under the registration number NI604106, with a registered address at BT52 2NS, Northern Ireland, Coleraine, 9 Loguestown Industrial Estate.

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