Ashley Bearings Limited
- Small
- Holding
- Active
- 26 years
- 8 employees
- £363,164 (assets)
- Real address
- 2 directors
- 1 owner
- Irregular importer
- Regular exporter
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
Ashley Bearings Ltd, based in Poole, UK, is a small holding company with an active status, having been established 26 years ago. The company employs eight people and holds assets totaling £363,164. It's managed by two directors and has one owner, Shell Bay Group Ltd. Ashley Bearings operates as an irregular importer of machinery, boilers, and mechanical appliances, with just one month of import activity recorded in 2022, but it’s a regular exporter, with eleven months of export activity, the latest in November 2024. The company's registered address is real, with only one other company registered there.
The company’s website showcases a vast range of products, from bearings and power transmission equipment to lubricants and tools. It’s a one-stop shop for engineering businesses, offering everything from ball bearings and roller bearings to electric motors and gearboxes. The website’s detailed product listings and technical specifications suggest a focus on serving a knowledgeable customer base. It's clear that Ashley Bearings isn't just a distributor; it positions itself as a specialist, providing technical expertise and a wide selection of brands like SKF, FAG, and TIMKEN. The site’s design is functional rather than flashy, prioritizing ease of navigation and product information.
Financially, Ashley Bearings Ltd presents a mixed picture. Cash bank on hand increased by 14% to £140,000, which is good news. However, trade debtors rose by 3.8% to £120,000, which could indicate slower payments from customers. Creditors also increased by 8.8% to £140,000. Net assets increased by 11% to £230,000, a positive sign. 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 maintain agility. With no auditor mentioned, the figures are unaudited.
Overall, Ashley Bearings Ltd appears to be a stable, if somewhat lean, business. The company’s focus on specialized products and technical expertise suggests a strong market position, but the increasing debtors and creditors indicate a need for careful financial management. The company’s long-standing presence in the industry and experienced sales team—with over 85 years of combined experience—are valuable assets, but the future success will depend on maintaining its competitive edge and managing its finances effectively.
Registered in England/Wales under the registration number 03642510, with a registered address at BH16 5SL, United Kingdom, Poole, Dorset, Unit 6 Factory Road, Upton Industrial Estate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 4 years
- 1
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
- 3
-
Resident of United Kingdom
-
Individual
- 5 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-11-18 with updatesDownload 4 pages pdf report
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Total exemption full accounts made up to 2024-03-31Download 9 pages pdf report
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Certificate of change of nameDownload 3 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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FAQ about Ashley Bearings Limited
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