B & S Chains (midlands) Limited

B & S Chains (Midlands) Limited, based in Halesowen, UK, is a small holding company with an active status, celebrating 30 years since its founding in 1995. The company employs just four people and holds £73,859 in assets. It operates from a real address shared with only one other company, overseen by two directors and a single owner. The company is an irregular importer, primarily dealing in toys, games, and sports equipment, with its last import operation occurring one month ago in September 2023.

The company’s operations are intrinsically linked to William Hackett Chain Products Ltd, which appears to be the primary driver of the business. B & S Chains (midlands) Limited manufactures wire products, chains, and springs, and its website showcases a wide range of playground equipment and spares, including swing chains, seats, slides, and aerial runways. The website, now operating under the William Hackett brand, highlights a focus on quality, British craftsmanship, and even restoration services for high-end pianos. It’s a family-run business with a long history, and the website is very well designed.

Financially, B & S Chains (Midlands) Limited presents a mixed picture. Current assets have decreased by 6.9% to £74,000, while net assets have fallen significantly by 23% to £45,000. Bank borrowings have increased by a substantial 2,400% to £29,000, and cash reserves have declined by 30% to £28,000. Creditors have increased by 18% to £51,000, suggesting a reliance on external financing. The company’s small size—meeting two of three criteria for being considered small—allows for flexibility, but the decline in equity raises concerns. The company is exempt from an audit, so the figures are unaudited.

Overall, B & S Chains (Midlands) Limited seems to be navigating a period of change, likely influenced by its connection to William Hackett Chain Products Ltd. While the playground equipment business appears robust, the financial data suggests a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 03014683, with a registered address at B63 2QE, England, Halesowen, West Midlands, C/O William Hackett Chain Products Limited Maypole Fields, Cradley.

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