South West Truck And Trailer Parts Limited

South West Truck And Trailer Parts Limited is a small, active company based in Launceston, UK. Founded twelve years ago in 2013, it employs seven people and holds £378,587 in assets. With a real address and two directors/owners, the company operates in the wholesale trade of motor vehicle parts and accessories. It’s an irregular importer, with its top category being furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of March 2023.

The company’s website, South West Truck and Trailer Parts, is a simple online store catering to the commercial vehicle sector. While it doesn't appear to be a full-fledged e-commerce platform with advanced features, it does showcase a range of truck and trailer parts, accessories, and service offerings. It’s clear the business focuses on serving local and regional customers, with a strong emphasis on quality parts and reliable service.

Financially, South West Truck and Trailer Parts Limited presents a mixed picture. Current assets increased by 6.2% to £380,000, while net assets grew by 220% to £3,300. Bank borrowings decreased by 16%, suggesting improved financial management. Cash reserves increased by 59% to £49,000, a positive sign. However, trade debtors decreased by 36%, which could indicate slower customer payments or a shift in credit terms. The company meets two of three criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, South West Truck and Trailer Parts Limited seems to be holding its own, with a solid base of customers and a focus on providing quality parts and service. The increase in cash reserves is encouraging, but the decrease in trade debtors warrants monitoring. The company's small size allows for agility, but the financial data suggests it’s not burning through money, but rather managing its resources carefully.

Registered in England/Wales under the registration number 08489917, with a registered address at PL15 7PF, United Kingdom, Launceston, Cornwall, Unit 3c Platts Yard Quarry Crescent, Pennygillam Industrial Estate.

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