Ph Components Limited

Ph Components Limited, based in Loughborough, UK, is a small, active company founded six years ago. With £57,410 in assets and a virtual address shared by 115 other companies, it’s a compact operation managed by two directors and one owner. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with seven months of import activity recorded as of November 2024.

The company’s website, phcomponents.co.uk, highlights its focus on supplying OEM-quality parts into the automotive aftermarket. It features a simple online store and emphasizes a “Flying Spares” brand, suggesting a connection to another venture. The site also includes a newsletter signup, indicating an effort to engage with customers and promote its products.

Financially, Ph Components Limited presents a mixed picture. Cash bank holdings have fallen by a significant 63%, dropping to £8,600, while current assets have decreased by 14% to £57,000. Debtors have increased by 15%, reaching £48,000, which could indicate growing sales but also potential payment delays. On the positive side, creditors have also risen by 11%, reaching £51,000, and equity has improved, with retained earnings increasing by 160%, reaching £5,800. 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 for agility, but the decline in cash reserves warrants attention. The company’s financial statements are unaudited, a common exemption for small businesses.

Overall, Ph Components Limited appears to be navigating a period of change. While sales seem to be growing, the company needs to manage its cash flow effectively to sustain its operations and capitalize on its market position.

Registered in England/Wales under the registration number 11593642, with a registered address at LE12 7TZ, England, Loughborough, Leicestershire, C/O Charnwood Accountants The Point, Granite Way, Mountsorrel.

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