Armagh Industrial Bearing Supplies Ltd
- Small
- Active
- 14 years
- 8 employees
- £834,214 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Armagh Industrial Bearing Supplies Ltd, based in Dungannon, UK, is a small, family-run business with an active status. Founded 14 years ago, it employs eight people and holds £834,214 in assets. With two directors and two owners, it's a tight-knit operation with a real registered address. The company regularly imports machinery, boilers, and mechanical appliances, parts, with 9 months of import activity recorded, the latest in January 2025. It also exports these same items, with 58 months of export activity, the latest in November 2024.
The company’s website, Armagh Bearing Supplies, specializes in crushing and screening for the quarry industry. It offers parts for various brands and has an online store where customers can search for parts and even buy them. The site also provides a 24/7 breakdown assistance line and emphasizes worldwide delivery. It also offers fabricated parts and has a news section. The site even has a "part of the month" section.
Financially, Armagh Industrial Bearing Supplies Ltd shows mixed signals. Current assets decreased by 8.5% to £830,000, while net assets increased by 1.2% to £1.1 million. Bank borrowings decreased by 46% to £12,000, and cash reserves dropped by 49% to £210,000. Creditors decreased by 25% to £380,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the cash drop raises questions. The company’s unaudited statements don't mention an auditor, likely due to its small size.
Overall, Armagh Industrial Bearing Supplies Ltd is holding steady, but facing some financial pressures. Its focus on the quarry industry and its online presence suggest a niche market, but the financial figures indicate a need for careful management to ensure long-term sustainability.
Registered in Northern Ireland under the registration number NI605080, with a registered address at BT71 7ED, Dungannon, County Tyrone, 237 Trew Mount Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 2
- 25%+
-
Resident of United Kingdom
-
Individual
- 8 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 14 years
- 2
-
Resident of United Kingdom
-
Individual
- 14 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 11 pages pdf report
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Confirmation statement made on 2024-11-11 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-03-31Download 11 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Armagh Industrial Bearing Supplies Ltd
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