Component supplier D2P Autoparts has moved to a substantially larger premises
The business, which currently ships around 2,500 orders weekly – predominantly to consumers across the UK – has moved into a new 20,000 square-foot warehouse in Witney, after it had outgrown its previous London base. The move was made possible by a £1m development loan from Lloyds Bank.
[caption id="attachment_29591" align="alignright" width="300"] D2P Autoparts' new HQ[/caption]
D2P Autoparts was founded in 2014 by Managing Director Vijay Patel and has seen turnover rapidly increase from £1m to £5m in the last five years alone. And, having started out selling just seven products, it now offers more than 2,000 – with everything from Tesla aftermarket parts to those for older run-of-the-mill cars like Fiestas and Corsas.
The company sources the majority of its parts from China, but also has suppliers in Europe and India. While roughly 80% of its sales are to areas in the UK, it ships to around 150 countries in total – including France, Germany, Australia and the US – via its own website and e-commerce platforms like eBay and Amazon.
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D2P Autoparts has a team of 10 in Witney, with a further 12 employees based globally, and Vijay Patel says the move to the new one-acre site can be the catalyst for another period of exponential growth.
He said: “As a business, we started selling on sites like eBay from the outset, and very quickly realised a gap in the market to provide cheaper car parts faster and directly to consumers, offering the same guarantees as they’d get from a dealership, but at a more affordable price".
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Keith Breavington, Relationship Manager at Lloyds Bank, added: “Vijay and the passionate team at D2P Autoparts are constantly focussed on improving business efficiency for the benefit of their customers. Having the capacity to stock the parts necessary to respond to demand quickly and effectively is what those customers have come to expect. We will remain firmly by the business’s side and look forward to seeing what its future holds.”
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