Ripleys Auto Spares Limited

Ripleys Auto Spares Ltd from Hailsham UK is a large, holding company with an active status, having been founded 35 years ago in 1989. The company employs ten people and holds £1,239,612 in assets, operating from a real address. With four directors and one owner, it maintains a stellar 5.0 Google rating based on 39 reviews. The company regularly exports machinery, boilers, and mechanical appliances; parts, having exported for 16 months, with the latest export operation occurring in January 01, 2023.

The company’s website, ripleys.co.uk, showcases a dual business model. Primarily, Ripleys Auto Spares Ltd specializes in the wholesale of waste and scrap metal, including ferrous and nonferrous materials. They also buy scrap cars, offering a recovery service and competitive pricing for end-of-life vehicles. A separate section highlights car parts sales, suggesting a broader automotive focus. The site even mentions a partnership with Ripley's car breakers. Notably, the website also features a link to “The Ethical Metal Movers,” implying a commitment to responsible recycling practices.

However, the financial data paints a concerning picture. Accumulated depreciation impairment property plant equipment has completely disappeared, dropping 100% to zero. Administrative expenses have also vanished, and the average number of employees has plummeted 70% to just three. Bank borrowings have also vanished, and cash reserves have gone too. While current assets remain at £1,200,000, net assets have also dropped to £1,200,000. The company's small size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned, the figures rely on unaudited statements.

In short, Ripleys Auto Spares Ltd is facing some financial pressures, despite its strong Google rating and export activity. The company’s dual business model—scrap metal wholesale and car parts sales—may be struggling to maintain profitability, and the significant drop in employee numbers suggests a period of restructuring.

Registered in England/Wales under the registration number 02420996, with a registered address at BN27 3WA, England, Hailsham, H. Ripley & Co, Apex Way.

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