Torque Parts Limited

Torque Parts Ltd from Newton Abbot UK: a small holding company with an active status, was founded two years ago. The company employs seven people and holds £395,342 in assets, operating from a real address and managed by two directors and three owners. It runs an e-commerce site and regularly imports vehicles, parts, and accessories (not for trains or trams) – a consistent activity spanning 28 months, with the last import occurring in February 2025. Export activity is irregular, limited to just one month, with the last shipment made in June 2024.

The company’s website, Torque Distribution, positions itself as Europe’s leading trade-only automotive aftermarket parts supplier. It boasts a wide range of brands and categories, from tyres and cooling systems to suspension and electronics. The site caters to trade customers only, offering a comprehensive catalogue and supplier registration. It’s a wholesale operation, with no direct consumer sales.

Financially, Torque Parts Ltd shows a mixed picture. Cash bank on hand increased by a significant 90% to £69,000, a positive sign. However, net assets also increased by 44% to £62,000. Creditors decreased by 6%, suggesting improved debt management. Trade debtors increased by a substantial 92%, which could indicate a growing customer base but also potential issues with payment collection. The company’s small size—meeting two of three conditions for being considered small—allows for agility, but the increase in debtors warrants closer monitoring. The company’s accounts are unaudited, a common practice for small companies.

Overall, Torque Parts Ltd appears to be a stable, albeit small, business navigating the automotive aftermarket. The growth in debtors is something to keep an eye on, but the increase in cash reserves is encouraging.

Registered in England/Wales under the registration number 14542827, with a registered address at TQ12 6RY, England, Newton Abbot, Unit 1 The Drum Business Park Battle Road, Heathfield Industrial Estate.

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