Press Parts Limited

Press Parts Ltd, based in Loughton, UK, is a small, family-run business with an active status, celebrating 22 years since its founding. Employing seven people and holding £1,113,317 in assets, it operates from a virtual address—a point to note as sixty-four companies share this location. With three directors and two owners, the company regularly imports and exports machinery, boilers, and mechanical appliances, including parts, with a strong focus on importing (159 months) and a smaller export activity (35 months). It’s also classified as operating in the "other retail sale not in stores, stalls or markets" industry.

The company’s website, Press Parts Inc., functions as an online marketplace specializing in spare parts for Heidelberg presses. The site offers a wide range of consumables, electrical components, filters, mechanical parts, and reconditioned press parts, catering to a niche market of printing equipment owners. Featured products include jackets, blowers, and bridge rollers, while new products like delivery slowdown rollers and toothed belts are regularly added. The site also provides detailed information on its product categories, shipping policies, and safety data sheets.

Financially, Press Parts Ltd presents a mixed picture. While cash reserves declined by 49% to £280,000, creditors decreased by a significant 67% to £130,000—a positive sign. However, current assets also fell by 14% to £1,100,000, and property, plant, and equipment saw a dramatic 2600% increase to £6,000. Debtors, on the other hand, surged by 79% to £210,000. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity and the rise in property, plant, and equipment warrants closer attention. The accounts are unaudited and exempt, relying on director-reported data.

Registered in England/Wales under the registration number 04535001, with a registered address at IG10 1DX, England, Loughton, Abacus House, 14-18 Forest Road.

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