Thor Motor Factors Limited

Thor Motor Factors Limited, based in Peterborough, UK, is a small holding company with an active status, celebrating 38 years since its founding in 1987. Employing 22 people and boasting assets of £3,518,364, the company operates from a real address and is managed by one director and owner. Google users have given it a perfect 5.0 rating based on 61 reviews. The company is an irregular importer, primarily dealing in soaps, cleaning products, and waxes, with recent import activity recorded just one month ago.

The company's website showcases a wide range of automotive parts and accessories from leading brands, accessible to independent distributors. It functions as a wholesale supplier, offering a vast catalogue accessible online. The site emphasizes ease of ordering and a single invoice for multiple brands—a key selling point for its customer base. The site also features a login area for distributors, suggesting a B2B focus.

Financially, Thor Motor Factors Limited’s performance presents a mixed picture. While fixed assets have seen a slight decrease of 2.7%, the company’s cash reserves have dramatically increased by 1000%, reaching a substantial £370,000. However, net assets have remained relatively stable at £1.2 million. Trade debtors have seen a significant drop of 13%, which could indicate improved collection practices. Creditors have also decreased, suggesting better management of short-term liabilities. The company’s small size—meeting two of three criteria for being classified as small—allows for flexibility, but the fluctuating debtor and creditor balances warrant close monitoring. As a small company, it is exempt from an audit, so the figures are unaudited. The company’s substantial cash position, however, provides a buffer against potential challenges.

Registered in England/Wales under the registration number 02112909, with a registered address at PE1 5PE, England, Peterborough, 185 Fengate.

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