National Auto Parts has experienced considerable growth in export markets in the past year, as the company looks to fly the flag for UK engineering at Automechanika Frankfurt.
With a growing customer base abroad and further opportunities being explored in Poland, Scandinavia, Ukraine and Germany, National has invested in all areas of its business to ensure it offers an exciting proposition for a growing, diverse customer base.
On 28 July Scotland’s Herald newspaper reported that Axle Group Holdings, the holding company behind the National Tyres and Autocare tyre retail chain and the Viking wholesale business, had reported a £2.1 million loss in its full-year 2013 figures. The headline figures were that group sales dipped from £166.3 million in 2012 to £161.5 million in 2013. And that while costs fell, 2012 profits of £3.85 million had become a £2.1 million pre-tax loss for 2013. However the complicated nature of holding company accounts suggests that this doesn’t necessarily tell the whole story. Having read accounts filed at company’s house and contacted executives at Axle Group, Tyres & Accessories spoke with company founder, chairman and 60 per cent shareholder Alan Revie who spoke of strong operating results and branch expansion – even a rough goal of 300 branches.