Trade Vehicle Parts Limited

Trade Vehicle Parts Ltd from Melton Mowbray UK: a small, active company founded nine years ago, employs eleven people, and holds £1,071,261 in assets. It operates from a real address and is managed by two directors and two owners, running an e-commerce site with a respectable Google rating of 4.0 (based on 414 reviews). The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with 166 months of import activity recorded.

The company’s website showcases a comprehensive range of car parts and accessories, catering to both trade and retail customers. It emphasizes a wide selection, competitive pricing, and expert advice, with a focus on fast delivery and reliable customer support. The site also features a blog with helpful articles and guides on car maintenance and modifications, reinforcing its position as a trusted source of automotive expertise. They even offer an "Enter Your Reg To Find Parts" feature, making it easy for customers to locate the correct components for their vehicles.

Financially, Trade Vehicle Parts Ltd presents a mixed picture. Current assets have decreased by 27%, dropping to £1,100,000, while net assets have increased by 23%, reaching £420,000. Cash reserves have significantly improved, surging 1100% to £160,000, a positive sign of improved liquidity. However, trade debtors have plummeted 74%, suggesting potential issues with customer payments or a shift in credit policies. Creditors have also decreased by 67%, which is a good thing. 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 for agility, but the substantial decrease in debtors warrants further investigation. As a small company, it’s likely exempt from an audit, relying on unaudited accounts.

Overall, Trade Vehicle Parts Ltd appears to be navigating a period of change, with improved cash flow offset by challenges in managing customer payments. The company’s online presence and focus on customer service suggest a commitment to long-term growth, but close monitoring of its financial performance will be crucial.

Registered in England/Wales under the registration number 09758173, with a registered address at LE14 2DQ, England, Melton Mowbray, 21 Main Street, Thorpe Satchville.

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