B & B Precision Engineering (huddersfield) Limited

B & B Precision Engineering Huddersfield Ltd, based in Huddersfield, UK, is a small, holding company with an active status. Founded 26 years ago in 1998, the company employs 16 people and holds £1,179,987 in assets. It's managed by one director and one owner, and currently boasts a perfect 5.0 Google rating from four reviews. The company operates from a real address and is a regular importer of copper and copper products, with import activity recorded for one month, the last in November 2022. It also exports machinery, boilers, and mechanical appliances, with export activity recorded for two months, the last in August 2021.

The company’s website is currently unavailable, so it’s difficult to determine the exact nature of its operations beyond the information provided in the report. However, the report indicates that the company operates in the machining industries.

Financially, B & B Precision Engineering Huddersfield Ltd shows some interesting trends. Creditors have decreased by 25%, which is a positive sign. However, cash bank on hand has increased by a significant 45% to £420,000, suggesting improved liquidity. Bank borrowings have also decreased by 49%, which is a good sign for the company’s debt management. However, corporation tax payable has increased by a substantial 140%, which could put a strain on the company’s finances. Average number of employees during the period has increased by 19%, which may be a result of increased workload or expansion. Overall, net assets have increased by 5.3%, which is a positive indicator of financial health. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible. The company's accounts are unaudited, which is common for small companies.

Registered in England/Wales under the registration number 03639121, with a registered address at HD8 9XJ, Huddersfield, Unit 3a Dearne Park Estate, Park Mill Way Clayton West.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.