Toyosports Ltd

Toyosports Ltd, based in Solihull, UK, is a small, active company founded nineteen years ago in 2005. With £189,035 in assets and a real registered address, it’s a lean operation run by one director and owner. The business is a regular importer of vehicles, parts, and accessories—a consistent activity spanning 23 months, with the latest import recorded in November 2024. It has a 3.0 Google rating based on 57 reviews.

The company's website, Toyosports, focuses on performance car parts, offering a wide range of exhausts, intercoolers, and other components for various makes and models, including Audi, BMW, Ford, Honda, and more. It operates primarily as an e-commerce business, allowing customers to browse and purchase parts online. It also has eBay stores, which is a good sign.

Financially, Toyosports Ltd presents a mixed picture. Current assets have fallen by 30% to £190,000, while net assets have plummeted 200% to -£81,000. Bank cash has dropped 69% to £65,000, and creditors have increased by 40% to £270,000. Trade debtors, however, have seen a significant increase of 99% to £120,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to be flexible, but the substantial equity decline is concerning. The accounts are unaudited, which is common for small companies, and no auditor is mentioned.

In short, Toyosports Ltd is facing financial headwinds. While its e-commerce platform appears active and caters to a niche market, the declining equity and increasing liabilities suggest it’s burning through cash. Whether the company can turn things around will depend on its ability to manage debt and increase sales—it's a tricky situation.

Registered in England/Wales under the registration number 05486590, with a registered address at B91 1AN, England, Solihull, 487 Warwick Road.

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