SIREN : 395319767
TH PARTS FRANCE is a French company founded 32 years ago, specialized in the sector Commerce de gros d'équipements automobiles. Based in RONCQ (59223), this company of category ETI shows in 2024 a revenue of 45.2 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 45 186 021 € | 40 552 367 € | 32 700 093 € | 22 273 498 € | 18 775 450 € | 14 207 734 € | 14 475 045 € | 13 674 260 € | 13 926 857 € |
| Net income | 151 801 € | 179 450 € | 363 170 € | 107 246 € | -1 255 227 € | 11 222 € | 573 165 € | -139 911 € | 216 163 € |
| EBITDA | 61 651 € | -34 070 € | 348 519 € | -124 414 € | -311 582 € | -370 400 € | -353 422 € | -970 172 € | -318 035 € |
| Net margin | 0.3% | 0.4% | 1.1% | 0.5% | -6.7% | 0.1% | 4.0% | -1.0% | 1.6% |
In 2024, TH PARTS FRANCE achieves revenue of 45.2 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +15.8%. Vs 2023, growth of +11% (40.6 M€ -> 45.2 M€). After deducting consumption (38.6 M€), gross margin stands at 6.6 M€, i.e. a rate of 15%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 62 k€, representing 0.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 152 k€, i.e. 0.3% of revenue. This profit can be retained or distributed to shareholders.
45 186 021 €
6 553 446 €
61 651 €
368 590 €
151 801 €
0.1%
The debt ratio (= Financial debt / Equity x 100) stands at 278%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 9%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 24.7 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
278.147%
8.646%
0.322%
24.727
14.4%
In 2024, the debt ratio of TH PARTS FRANCE (278.15) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2024, the financial autonomy of TH PARTS FRANCE (8.7%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2024, the repayment capacity of TH PARTS FRANCE (24.73) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 148.53. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 350.8x. Operating income very largely covers interest expenses: high safety margin.
148.531
350.8
In 2024, the liquidity ratio of TH PARTS FRANCE (148.53) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of TH PARTS FRANCE (350.8x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 43 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 67 days. Favorable situation: supplier credit is longer than customer credit by 24 days. Inventory turnover is 46 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 88 days of revenue, i.e. 11.0 M€ to permanently finance. Over 2016-2024, WCR increased by +280%, requiring additional financing.
11 049 338 €
43 j
67 j
46 j
88 j
Indicative estimate only : the number of comparable transactions in this sector is limited (29 transactions). This range of 3 853 710€ to 14 069 546€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 29 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare TH PARTS FRANCE with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de gros d'équipements automobiles
The revenue of TH PARTS FRANCE in 2024 is 45.2 M€.
Yes, TH PARTS FRANCE generated a net profit of 152 k€ in 2024.
The headquarters of TH PARTS FRANCE is located in RONCQ (59223), in the department Nord.
The tax return of TH PARTS FRANCE is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).
TH PARTS FRANCE operates in the sector Commerce de gros d'équipements automobiles (NAF code 45.31Z). See the 'Sector positioning' section above to compare the company with its competitors.