Company Overview
Partsworld Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 04 December 1995, so this is a well established company. Partsworld Limited has been in business for 30 years and 3 months. The accounts status is medium and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Unit C, Orbital Way, Cannock, Staffordshire, WS11 8XW
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Companies House Data
Company NamePARTSWORLD LIMITED
Company Number03133544
Registered Office AddressUnit C
 Orbital Way
 WS11 8XW
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date04/12/1995
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryMEDIUM
Returns Next Due Date18/04/2017
Returns Last Made Up Date21/03/2016
Directors & Members
Show Resigned
Emma Elwell - Director
(British, 35 years old, born July 1991)
Appointed 29 June 2022
Active
Julie Halstead - Director
(British, 63 years old, born April 1963)
Appointed 12 May 2020
Active
Kerry Kirkham - Director
(British, 38 years old, born January 1988)
Appointed 27 August 2019
Active
Vicki Norton - Director
(British, 38 years old, born November 1988)
Appointed 20 July 2022
Active
Sean Worgan - Director
(British, 39 years old, born July 1987)
Appointed 01 September 2025
Active
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 446,986 446,986 376,852
Current Assets 10,414,309 10,414,309 11,403,510
Creditors Due Within One Year 1,564,066 1,564,066 4,047,146
Working Cap 8,850,243 8,850,243 7,356,364
Total Assets Less Current Liabilities 9,297,229 9,297,229 7,733,216
Long-term Liabilities 77,439 77,439 79,773
Net Assets 9,219,790 9,219,790 7,653,443
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 9,219,790 9,219,790 7,653,443
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 4.1% 4.1% 3.2%
Stocks Inventory - - -
Debtors 24.6% 24.6% 48.2%
Cash Bank In Hand 60.6% 60.6% 37.5%
Current Assets 95.9% 95.9% 96.8%
Creditors Due Within One Year 14.4% 14.4% 34.4%
Net Current Assets Liabilities 81.5% 81.5% 62.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 84.9% 84.9% 65.0%
Capital Employed - - -
Total Assets Less Current Liabilities 85.6% 85.6% 65.6%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 6.7 6.7 2.8
Solvency Ratio 6.6 6.6 2.9
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 4
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 10,861,295 10,861,295 11,780,362
Debt 1,641,505 1,641,505 4,126,919
Net Assets/Debt 9,219,790 9,219,790 7,653,443

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around WS11 8XW
O.E. COMPONENT SALES LIMITED
Unit C, Orbital Way, Cannock, Staffordshire, WS11 8XW
DRIVETRAIN SUPPLIES LIMITED
UNIT C, ORBITAL WAY, CANNOCK, WS11 8XW
POWERTRAIN SUPPLIES LIMITED
UNIT C, ORBITAL WAY, CANNOCK, STAFFORDSHIRE, WS11 8XW
HOTPODS LIMITED
Unit C, Orbital Way, Cannock, Staffordshire, WS11 8XW
RELIANT CARS LIMITED
UNIT C, ORBITAL WAY, CANNOCK, STAFFORDSHIRE, WS11 8XW
BE FINANCE LIMITED
ORBITAL 7, ORBITAL WAY, CANNOCK, STAFFORDSHIRE, WS11 8XW
FINNING POWER RENTAL LIMITED
WATLING STREET, BRIDGTOWN, CANNOCK, STAFFORDSHIRE, WS11 8XW
FINNING POWER RENTAL LP
Watling Street, Cannock, Staffordshire, WS11 8XW
MCD AUTOMOTIVE PARTS LIMITED
Unit C, Orbital Way, Cannock, Staffordshire, WS11 8XW
RELIANT PARTS WORLD LIMITED
UNIT C, ORBITAL WAY, CANNOCK, STAFFORDSHIRE, WS11 8XW
Document Filings
Confirmation statement made on 21 March 2026 with no updates
Director's details changed for Mrs Emma Elwell on 14 March 2026
Director's details changed for Mr Sean Worgan on 14 March 2026
Appointment of Mr Sean Worgan as a director on 1 September 2025
Confirmation statement made on 21 March 2025 with no updates
Confirmation statement made on 21 March 2024 with no updates
Director's details changed for Miss Emma Griffin on 30 October 2023
Termination of appointment of Julie Halstead as a secretary on 18 April 2023
Confirmation statement made on 21 March 2023 with no updates
Appointment of Mrs Vicki Louise Norton as a director on 20 July 2022
Appointment of Miss Emma Griffin as a director on 29 June 2022
Current accounting period extended from 31 July 2022 to 31 December 2022
Confirmation statement made on 21 March 2022 with no updates
Director's details changed for Mrs Kerry Kirkham on 14 March 2022
Secretary's details changed for Julie Halstead on 14 March 2022
Change of details for Mrs Julie Halstead as a person with significant control on 14 March 2022
Confirmation statement made on 21 March 2021 with updates
Statement of capital following an allotment of shares on 7 March 2021
Statement of capital following an allotment of shares on 4 March 2021
Statement of capital following an allotment of shares on 6 March 2021

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