Vw Heritage Parts Centre Limited

Vw Heritage Parts Centre Ltd, based in Shoreham-by-Sea, UK, is a large, holding company with an active status. Established 28 years ago in December 1996, it employs 71 people and holds assets worth £5,771,281. The company has a real address and is overseen by four directors and one owner. It operates an e-commerce site and boasts a Google rating of 4.0 based on 602 reviews. It’s a regular importer and exporter of vehicles, parts, and accessories (excluding trains and trams), having imported for 1234 months and exported for 816 months.

The company’s website showcases a specialist car parts supplier for VW, Porsche, and Land Rover enthusiasts. It offers a vast range of genuine and aftermarket parts, catering to restoration, tuning, and maintenance needs. The site’s structure is well-organized, with clear navigation to popular vehicles and categories, and a dedicated section for heritage parts. It’s clear that the company is targeting a niche market of classic car owners and restorers.

Financially, Vw Heritage Parts Centre Ltd presents a mixed picture. While assets remain strong at £5,771,281, several indicators suggest potential challenges. Accrued liabilities and deferred income increased by 16%, and bank borrowings decreased by 28%. Director remuneration fell significantly by 53%, which could be a cost-saving measure or reflect changes in management structure. Despite these shifts, the company’s revenue from commissions decreased by 100%, which is a concerning trend. The company’s fixed assets, including computer equipment and furniture, have increased, possibly due to investments in infrastructure to support its e-commerce operations. The lack of an auditor mentioned likely means the financial statements are unaudited.

Overall, Vw Heritage Parts Centre Ltd appears to be a well-established business with a loyal customer base. However, the financial data indicates a need for careful management and a focus on revenue generation to maintain its long-term viability. The company’s heritage and expertise in classic car parts provide a strong foundation, but adapting to changing market conditions will be crucial for continued success.

Registered in England/Wales under the registration number 03294341, with a registered address at BN43 6PB, Shoreham-By-Sea, West Sussex, 47 Dolphin Road.

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