Tmp Parts Source Limited

Tmp Parts Source Limited, based in Twyford, UK, is a small, active company founded five years ago in 2019. With two employees and £55,884 in assets, it operates from a real address and is managed by two directors and owners, boasting a perfect 5.0 Google rating from two reviews. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with ten months of import activity recorded.

The business, described as a bicycle wholesaler, operates through both an eBay presence and a dedicated website. It sources parts, tools, and accessories from major cycle manufacturers and brands, packaging and shipping them out. The website details a history rooted in liquidating ex-production, warranty returns, and NOS stock for distributors, now offering this inventory to the public at competitive prices from a Hampshire warehouse. It also mentions a connection to a bicycle recycling operation, suggesting a broader network within the industry.

Financially, Tmp Parts Source Limited presents a mixed picture. While cash bank on hand dropped by 38% to £5,500, creditors decreased by 25% to £41,000, indicating improved debt management. Equity, however, increased dramatically by 1600% to £16,000, a significant turnaround. Trade debtors decreased by 26% to £1,900, suggesting quicker customer payments. Despite these positive signs, the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s particularly vulnerable to economic fluctuations. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Overall, Tmp Parts Source Limited seems to be navigating the challenges of a small business. The dramatic increase in equity suggests a successful year, but the fluctuating cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 12122661, with a registered address at SO21 1RG, England, Twyford, Hampshire, Brewery House, High Street.

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