Square Parts Limited

Square Parts Limited is a small, active company based in Hilton, UK, established ten years ago in May 2015. With two employees and £300,897 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances parts, with 14 months of import activity recorded, the last in July 2024. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

The company’s website, Square Motorcycle Parts, is a fully functional e-commerce platform specializing in motorcycle, quad bike, and scooter parts. It offers a wide range of products, from air filters and carburetors to exhaust systems and suspension components. The site is well-organized, with easy-to-use navigation and detailed product descriptions. Customers can search for parts by model, brand, or category. The site also features a blog with helpful articles and tutorials. It’s clear that Square Parts Limited is focused on serving the needs of motorcycle enthusiasts and repair shops.

Financially, Square Parts Limited shows a mixed picture. Current assets have decreased by 16%, dropping to £300,000, while net assets increased by 19%, reaching £180,000. Bank borrowings have decreased, and cash reserves have increased by 7.4%, to £110,000. Creditors have decreased by 37%, suggesting improved debt management. However, trade debtors have decreased by 35%, which could indicate slower customer payments. The company’s small size and exemption from an audit means the figures are unaudited.

Overall, Square Parts Limited appears to be a financially stable, albeit small, business. Its e-commerce focus and specialized product range position it well in the motorcycle parts market. While the decrease in current assets is a concern, the increase in net assets and cash reserves suggests that the company is managing its finances effectively.

Registered in England/Wales under the registration number 09578155, with a registered address at DE65 5UA, England, Hilton, Derbyshire, Unit 5 Ag Business Estate, Lowman Way.

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