Partsource Ltd.
- Small
- Active
- 25 years
- 2 employees
- £225,614 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Partsource Ltd, based in Huddersfield, UK, is a small, active company established 25 years ago in 2000. With just two employees and £225,614 in assets, it's a modest operation overseen by three directors and a single owner, Jones Matthew David. The company operates from a real address at Unit 2f Spa Fields Industrial Estate, Slaithwaite, and is a regular importer of machinery, boilers, and mechanical appliances, parts—with 95 months of import activity recorded, the latest in February 2025. It also exports vehicles, parts, and accessories (excluding trains and trams), with 35 months of export activity, also concluding in February 2025.
The company's website highlights its role as a bus and coach part supplier to the PSV industry. It offers a wide range of products, including Voith gearbox parts, hydrodamps, bearings, bolts, and electrical components. The site features a comprehensive catalog, news updates, and a dedicated section for FAQs. It also supports a variety of currencies and shipping destinations, catering to a global customer base. The website also has a section for parts for ZF EcoLife, Allison, and ADL vehicles.
Financially, Partsource Ltd shows a mixed picture. Current assets increased by 19%, reaching £230,000, while net assets decreased by 34% to £530. Bank borrowings decreased by 23%, falling to £21,000, and cash reserves increased by 26%, reaching £28,000. Creditors increased significantly by 120%, rising to £78,000, and trade debtors also increased by 34%, reaching £110,000. 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 nimble, but the decline in equity suggests potential challenges. No auditor is mentioned, which is common for small, exempt companies.
The company’s focus on the PSV industry, combined with its global reach, indicates a specialized business model. The increase in debtors and creditors suggests the company is expanding its operations, but it will need to manage its cash flow carefully to maintain its financial health. The company’s website has a good range of currencies, and the company is doing well with its Google rating.
Registered in England/Wales under the registration number 03955789, with a registered address at HD7 5BB, England, Huddersfield, West Yorkshire, Unit 2f Spa Fields Industrial Estate, Slaithwaite.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 4 years
- 1
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
-
Resident of United Kingdom
-
Individual
- 4 years
-
Resident of United Kingdom
-
Individual
- 4 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Unaudited abridged accounts made up to 2024-03-31Download 9 pages pdf report
-
Confirmation statement made on 2024-07-18 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2023-03-31Download 10 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Partsource Ltd.
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