Ultraparts Limited

Ultraparts Ltd, based in North Devon, UK, is a small, active company with a rich history, having been founded 42 years ago in 1982. With 15 employees and £3,873,992 in assets, it’s a well-established business run by two directors and a solo founder, Rowley Grahame Martin. The company operates from a real address and has been importing machinery, boilers, and mechanical appliances parts for a substantial 31 months, with the latest import in February 2025. It also exports paper and paperboard products, having done so for six months, with the last export in November 2024.

Ultraparts Ltd specializes in the wholesale trade of motor vehicle parts and accessories, primarily focusing on engine gaskets and components. Its website, UltraParts Ltd, highlights a dedicated service for car and light commercial vehicle engines from 1950 to the present day, catering to over 1000 national motor factors and specialist marques. The business boasts a comprehensive catalogue and even offers specialized services like engine gasket components.

Financially, Ultraparts Ltd presents a mixed picture. While cash reserves increased by a healthy 20% to £1.1 million, current assets experienced a 14% decrease to £3.9 million. Trade debtors have risen by 30% to £1.5 million, and creditors have increased by 10% to £870,000. The company’s net assets grew by 8.2% to £8.6 million, however, the increase in corporation tax payable by 72% to £200,000 is a cause for concern. Despite these challenges, the company’s fixed assets have grown by 33% to £5.6 million, and the company’s profit and loss increased by 59% to £760,000. As a small company meeting two of three criteria (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), it benefits from agility, but the fluctuating figures suggest a need for careful management. The company’s financial statements are unaudited, likely due to its small size.

Registered in England/Wales under the registration number 01644832, with a registered address at EX31 4AT, North Devon, Braunton Road, Barnstaple.

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