Vehicle Wiring Products Limited

Vehicle Wiring Products Limited, based in Ilkeston, UK, is a small, family-run business with an active status, having been founded 22 years ago. With seven employees and £175,838 in assets, it operates from a real address and is managed by two directors and owners. The company runs an e-commerce site, catering to the auto electrical parts market.

The website showcases a comprehensive range of products, from accessory plugs and sockets to pipes, hoses, and fittings, catering to both classic cars and modern vehicles. It’s clear they're targeting a niche market of auto enthusiasts and repair professionals, with a detailed catalogue and technical information available online. The site also highlights a commitment to British craftsmanship and quality, with a wide range of products available for purchase.

Financially, Vehicle Wiring Products Limited presents a mixed picture. While net assets increased by 7.5% to £130,000, current assets decreased by 11% to £180,000. Cash bank on hand increased by 7.6% to £62,000, which is a positive sign. However, trade debtors decreased by 35%, suggesting potential issues with customer payments. Creditors also decreased by 41%, which could be a good thing, but it’s hard to say without more information. The company's small size (meeting two of three conditions for a small company) allows for agility, but the changes in debt management are worth watching. As a small company, it is exempt from an audit, so the financial information is unaudited.

Overall, Vehicle Wiring Products Limited appears to be a stable, albeit small, business. The company’s focus on a specialized market and online sales suggests a sustainable model, but the fluctuating debt management and changes in assets warrant further observation.

Registered in England/Wales under the registration number 04442277, with a registered address at DE7 8EF, Ilkeston, Derbyshire, 9 Buxton Court, Manners Industrial Estate.

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