Spares4bms Ltd

Spares4bms Ltd from Brierley Hill UK is a small, active company founded two years ago. Employing three people, it holds £122,250 in assets and operates as a family business with an e-commerce site. With three directors and three owners, it’s a tight-knit operation based at a real address. The company specializes in the retail trade of motor vehicle parts and accessories, selling online and via mail order.

The business is a specialist BMW breakers, offering services like DPF cleaning, diagnostics, and repairs. It also supplies new, used, and reconditioned BMW parts, catering to both the public and the motor trade. The company's website showcases a wide range of BMW parts and services, including a dedicated section for BMW Mini car parts. It even has an eBay store for online sales.

Financially, Spares4bms Ltd shows a mixed picture. While net assets remain steady at £94,000, cash reserves are a modest £74,000. Creditors are £36,000, and trade debtors are £2,300. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The lack of any auditor mentioned suggests it’s exempt as a small company, relying on unaudited statements.

The company’s depreciation charges remained consistent, with a total of £830, and the company is using the straight line method for depreciation. It seems the business is stable, but the small cash reserves and reliance on creditors could indicate a need for careful financial management.

Registered in England/Wales under the registration number 14679091, with a registered address at DY5 3UP, England, Brierley Hill, Unit 4 Cookley Wharf, Leys Road.

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