B & C Reconditioning (gears) Limited

B & C Reconditioning (gears) Limited, based in Southampton, UK, is a small, holding company with an active status, celebrating 21 years in business. Employing just three people and holding £329,497 in assets, it operates from a virtual address – a point to note as 39 companies are registered at the same location. The company is run by two directors and two owners, and boasts a perfect 5.0 Google rating based on two reviews.

The business specializes in the machining industries, offering refurbishment services for slew rings, turning circles, and other gear components. It also supplies new slew rings and caters to a wide range of sectors, including construction, quarrying, and marine industries. B & C Reconditioning (gears) Limited operates from Amesbury Business Park, London Road, Amesbury, Wiltshire SP4 7LS ENGLAND. The company’s website highlights its expertise in gear refurbishment and supply, emphasizing quality and British craftsmanship.

Financially, B & C Reconditioning (gears) Limited shows a mixed picture. Current assets decreased by 8.2% to £330,000, while net assets dropped 6.6% to £310,000. Cash reserves also declined, falling 16% to £180,000. However, creditors decreased by 36%, suggesting improved debt management. Bank borrowings increased by 9.1%, reaching £56,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity warrants attention. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s financial data indicates a possible trend of burning through money, with losses increasing. It's possible the company is investing in growth, or it could be facing challenges in maintaining profitability. The rise in bank borrowings suggests a reliance on external financing, which could be a concern if not managed carefully.

Registered in England/Wales under the registration number 04871310, with a registered address at SO50 9PD, Southampton, Hampshire, Fleming Court Leigh Road, Eastleigh.

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