Squaredeals (uk) Ltd

Squaredeals (UK) Ltd, based in Skelmersdale, UK, is a small, active family business founded fourteen years ago. With four employees and £167,831 in assets, the company operates an e-commerce site specializing in Triumph motorcycle parts and accessories, boasting a stellar 5.0 Google rating from 95 reviews. It’s a regular importer of vehicles, parts, and accessories, with 40 months of import activity recorded, the last in 2021. The company is run by two directors and owners, Elizabeth and Frank Bateman.

The website, triumphpartgmail.com, showcases a vast selection of parts for various Triumph models, from classic Bonnevilles to modern Tigers. It also offers custom parts, tuning kits, and accessories from brands like SW-Motech and NGK. The site emphasizes online ordering and caters to both UK and EU customers, although it warns of potential shipping delays due to Brexit. The business operates out of a real address, with only one other company registered at the same location.

Financially, Squaredeals (UK) Ltd presents a mixed picture. Cash bank on hand has decreased by 19%, falling to £69,000, and current assets have dropped by 21%, reaching £170,000. Equity has seen a significant decline, falling 69% to £27,000, and net assets have also decreased substantially. Creditors have risen by 11%, reaching £140,000. While the company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the decline in equity and cash reserves suggests potential financial pressures. The accounts are unaudited, reflecting the company’s exemption as a small entity. The company’s small size helps it stay agile, but the sharp equity drop raises questions.

Registered in England/Wales under the registration number 07413214, with a registered address at WN8 6SR, Skelmersdale, 21 Middlewood.

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