South Wales Propshafts Ltd
- Small
- Active
- 17 years
- 3 employees
- £407,634 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Rating 5.0 (21)
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
Phones
Summary
South Wales Propshafts Ltd from Newport UK is a small, active company founded 17 years ago. With three employees and £407,634 in assets, it's a well-established operation boasting a perfect 5.0 Google rating from 21 reviews. The company has two directors and one owner, and operates from a real address, with only one other business registered at the same location. It’s a regular importer, primarily of vehicles, parts, and accessories (excluding trains and trams), with 34 months of import activity recorded, the latest in November 2024.
The company's website isn't available, so it’s difficult to assess their online presence. However, their business operates in the retail trade of motor vehicle parts and accessories industries.
Financially, South Wales Propshafts Ltd presents a mixed picture. Current assets remain steady at £410,000, but net assets have declined by 13% to £270,000. Bank borrowings have increased significantly, by 350%, reaching £2,000, while cash reserves have decreased by 36% to £170,000. Creditors have also decreased by 6.3%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 10 employees. The company’s net losses have increased, and the decrease in assets could be a concern. No auditor is mentioned, likely due to its small size.
The company’s trade debtors have decreased by 19%, which could be a positive sign of improved collections. The increase in corporation tax payable could be a result of increased profitability, or perhaps a change in tax regulations. The company's financial data suggests it's navigating a period of adjustment, but its strong Google rating and consistent import activity indicate a resilient business.
Registered in England/Wales under the registration number 06538515, with a registered address at NP20 5JJ, Newport, Unit 1 & 2 Edwin Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 11 years
- 1
-
Resident of United Kingdom
-
Individual
- 17 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Confirmation statement made on 2025-03-18 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-03-31Download 8 pages pdf report
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Confirmation statement made on 2024-03-18 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about South Wales Propshafts Ltd
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