Partsworld Limited in Cannock, WS11 8XW

Description

Data updated on: 01-11-2023

Partsworld has been in this business for at least 29 years. Started under company registration number 03133544, it is listed as a Private Limited Company. You may find the office of the firm during business hours at the following location: Unit C Orbital Way, WS11 8XW Cannock. Even though recently known as Partsworld Limited, it was not always so. This company was known as Light Engines until Tuesday 7th September 2004, when it was changed to O.e. Component Sales. The last transformation came on Friday 29th July 2005. This firm's declared SIC number is 45310 meaning Wholesale trade of motor vehicle parts and accessories. 2022-12-31 is the last time when the company accounts were reported.

Having 18 job advert since 22nd October 2014, the company has been one of the most active companies on the employment market. Recently, it was looking for candidates in Cannock. They hire applicants on such posts as for instance: Customer Service Advisor, Car Parts & Accessories Advisor and Car Parts Advisor.

At the moment, the directors registered by the following company are as follow: Vicki N. appointed on Wednesday 20th July 2022, Emma G. appointed in 2022, Julie H. appointed in 2020 in May and Kerry K..

Previous company's names
Partsworld Limited 2005-07-29
O.e. Component Sales Limited 2004-09-07
Light Engines Limited 1995-12-04

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-07-31	2014-07-31	2015-07-31	2016-07-31	2017-07-31	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-12-31	2023-12-31
Currency
Net Worth	66 902	104 898	136 535	203 977

Balance Sheet
Cash Bank In Hand	5 091	7 142	439 004	177 031
Cash Bank On Hand					355 665	558 210	518 227	4 702 374	4 411 803	6 586 961	9 583 677
Current Assets	1 067 679	1 107 838	1 505 965	2 037 822	3 375 043	3 032 934	2 791 447	7 481 893	11 403 510	10 414 309	13 868 778
Debtors	491 282	651 376	804 541	1 699 049	2 007 252	548 284	-111 880	1 284 629	5 675 170	2 671 476	2 985 114
Net Assets Liabilities							279 795	1 730 992	7 666 949	9 233 296	11 142 835
Other Debtors					104 530	156 954	49 207	167 662	3 242 051	1 815 073	1 621 937
Property Plant Equipment					119 522	173 413	185 397	194 668	363 348	433 482
Stocks Inventory	571 306	449 320	262 420	161 742
Tangible Fixed Assets	129 565	121 140	102 969	87 524
Total Inventories					1 012 126	1 926 440	2 385 100	1 494 890	1 316 537	1 155 872	1 299 987

Capital & Reserves
Called Up Share Capital	4	4	4	4
Profit Loss Account Reserve	66 898	104 894	136 531	203 973
Shareholder Funds	66 902	104 898	136 535	203 977

Other Financial Data
Audit Fees Expenses								8 000	14 000	5 275	15 850
Director Remuneration								117 133	164 148	323 054	180 315
Dividend Recommended By Directors									368 000	801 518	734 657
Company Contributions To Money Purchase Plans Directors								80 000
Accrued Liabilities								10 250	10 000	2 891	12 180
Accumulated Depreciation Impairment Property Plant Equipment				138 562	159 654	183 424	159 346	183 346	220 022	278 142	53 227
Additional Provisions Increase From New Provisions Recognised								30 507	35 760	-2 334	-7 761
Administrative Expenses								1 449 672	1 682 728	2 617 865	1 991 045
Average Number Employees During Period					13	13	20	28	33	38	34
Cash Cash Equivalents Cash Flow Value								4 702 374	4 411 803	6 586 961
Comprehensive Income Expense								1 783 197	6 290 455	2 367 865	2 644 196
Cost Sales								11 827 252	16 133 729	19 251 888	17 439 732
Creditors					3 176 818	3 114 769	2 697 049	5 915 062	4 047 146	1 564 066	3 168 925
Creditors Due Within One Year	1 130 342	1 124 080	1 472 399	1 921 369
Current Tax For Period								463 982	644 147	541 400	845 769
Depreciation Amortisation Expense								36 353	64 121	94 104	53 052
Depreciation Expense Property Plant Equipment								36 354	64 121	94 103	58 215
Disposals Decrease In Depreciation Impairment Property Plant Equipment							56 795	12 354	27 445	35 983	176 024
Disposals Property Plant Equipment							56 795	12 354	28 945	146 510	83 627
Dividend Per Share Final									368 000	801 518	734 657
Dividends Paid								332 000	368 000	801 518	734 657
Dividends Paid Classified As Financing Activities								-332 000	-368 000	-801 518	-734 657
Dividends Paid On Shares Final								332 000	368 000	801 518	734 657
Fixed Assets								194 668	376 852	446 986	499 154
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss								23 784	-4 407	87 496	-4 294
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables								2 829 968	-1 419 164	-1 843 218	1 610 233
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables								-1 396 509	-4 390 541	3 003 694	-313 638
Gain Loss On Disposal Assets Income Statement Subtotal								1 000	15 967	8 295	-79 508
Gain Loss On Disposals Property Plant Equipment								1 000	15 967	8 295	-74 345
Gross Profit Loss								3 727 221	5 300 010	5 468 653	5 203 987
Income Taxes Paid Refund Classified As Operating Activities								-81 692	-463 267	-1 170 232	-845 769
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation								4 184 147	-290 571	2 175 158	2 996 716
Increase Decrease In Stocks Inventories Finished Goods Work In Progress								-890 210	-178 353	-160 665	144 115
Increase From Depreciation Charge For Year Property Plant Equipment					21 092	23 770	32 717	36 354	64 121	94 103	19 598
Investments Fixed Assets									13 504	13 504	13 504
Investments In Group Undertakings									13 504	13 504	13 504
Merchandise									1 074 147	1 155 872	1 299 987
Net Cash Flows From Used In Financing Activities								326 244	984 130	796 518	740 031
Net Cash Flows From Used In Investing Activities								44 391	168 814	115 830	-84 534
Net Cash Flows From Used In Operating Activities								-4 554 782	-862 373	-3 087 506	-3 652 213
Net Cash Generated From Operations								-4 636 571	-1 325 640	-4 257 738	-4 497 982
Net Current Assets Liabilities	-62 663	-16 242	33 566	116 453	198 225	-81 835	94 398	1 566 831	7 356 364	8 850 243	10 699 853
Net Interest Received Paid Classified As Investing Activities								-234		-40 112	-269 262
Number Shares Allotted		4	4	4
Number Shares Issued Fully Paid								4	4	4	4
Operating Profit Loss								2 277 549	3 617 282	2 850 788	3 212 942
Other Creditors					1 404 386	1 076 780	626 001	2 649 442	15 577	8 803	2 592
Other Deferred Tax Expense Credit								30 507	35 760	-2 334	-7 761
Other Interest Receivable Similar Income Finance Income								234		40 112	269 262
Other Taxation Social Security Payable					55 016	7 537	142 829	576 105	17 816	95 541	96 013
Par Value Share		1	1	1				1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs								96 157	1 486	33 130	23 098
Percentage Class Share Held In Subsidiary									100	100	100
Prepayments									355 405	17 788	20 693
Proceeds From Sales Property Plant Equipment								-1 000	-17 467	-118 822	-64 692
Profit Loss								1 783 197	6 290 455	2 367 865	2 644 196
Profit Loss On Ordinary Activities Before Tax								2 277 686	6 970 362	2 890 900	3 482 204
Property Plant Equipment Gross Cost				226 086	279 176	356 837	344 743	378 014	583 370	711 624	224 067
Provisions								30 507	66 267	63 933	56 172
Provisions For Liabilities Balance Sheet Subtotal								30 507	66 267	63 933	56 172
Purchase Property Plant Equipment								-45 625	-234 301	-274 764	-249 420
Share Capital Allotted Called Up Paid	4	4	4	4
Staff Costs Employee Benefits Expense								862 392	1 172 534	1 807 935	1 305 682
Tangible Fixed Assets Additions		11 010
Tangible Fixed Assets Cost Or Valuation	215 076	226 086	226 086
Tangible Fixed Assets Depreciation	85 511	104 946	123 117	138 562
Tangible Fixed Assets Depreciation Charged In Period		19 435	18 171	15 445
Tax Tax Credit On Profit Or Loss On Ordinary Activities								494 489	679 907	523 035	838 008
Total Additions Including From Business Combinations Property Plant Equipment					53 090	77 661	44 701	45 625	234 301	274 764	249 420
Total Assets Less Current Liabilities	66 902	104 898	136 535	203 977	317 747	91 578	279 795	1 761 499	7 733 216	9 297 229	11 199 007
Total Current Tax Expense Credit									644 147	525 369	845 769
Trade Creditors Trade Payables					1 717 416	2 030 452	1 928 219	2 049 259	3 260 256	1 289 540	2 859 304
Trade Debtors Trade Receivables					1 902 722	391 330	-161 087	1 116 967	2 077 714	838 615	1 342 484
Turnover Revenue								15 554 473	21 433 739	24 720 541	22 643 719
Wages Salaries								766 235	1 171 048	1 774 805	1 282 584
Corporation Tax Payable								463 982	644 862
Dividends Received Classified As Investing Activities									-61 524
Finished Goods							2 385 100	1 494 890	242 390
Further Item Interest Expense Component Total Interest Expense								97
Income From Shares In Group Undertakings									61 524
Interest Paid Classified As Operating Activities								-97
Interest Payable Similar Charges Finance Costs								97
Issue Equity Instruments									13 502
Net Assets Liabilities Subsidiaries								85 060
Proceeds From Borrowings Classified As Financing Activities								-630 007
Proceeds From Issuing Shares									-13 502
Profit Loss Subsidiaries								-88 761	85 060
Restructuring Costs									-3 291 556