Bailey Instruments Ltd
- Small
- Holding
- Active
- 36 years
- 15 employees
- £2,425,840 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 2 months ago, a good sign to sell them something.
Field of Operation
Website
Summary
Bailey Instruments Ltd, based in Manchester, UK, is a small holding company with an active status, celebrating 36 years in business. Employing 15 people, the company holds £2,425,840 in assets and operates from a real address. With three directors and one owner, Bailey Instruments is a regular importer and exporter of optical and medical tools and devices, with 43 months of import activity and 196 months of export activity.
The company's website showcases a wide range of surgical instruments, podiatry tools, and medical supplies. It operates an e-commerce site, selling directly to customers and offering services like piano restoration. The site emphasizes quality, customer support, and a 30-day return policy. It also highlights a partnership with the NHS, reinforcing its commitment to healthcare professionals.
Financially, Bailey Instruments Ltd demonstrates some concerning trends. Cash reserves increased significantly, jumping 150% to £640,000, which is a positive sign. However, bank borrowings have been eliminated entirely, dropping 100% to zero, which may indicate a reliance on retained earnings or a reduction in investment. Creditors increased by 10%, reaching £590,000, and trade debtors decreased by 53%, dropping to £390,000. While net assets increased by 38%, reaching £1,800,000, the increase in creditors suggests a need to manage short-term liabilities. 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 changes in debt management warrant attention. The company’s financial statements were audited by Azets Audit Services.
Overall, Bailey Instruments Ltd appears to be navigating a period of change. The strong cash position and NHS partnership are encouraging, but the shifting debt landscape requires careful monitoring.
Registered in England/Wales under the registration number 02332419, with a registered address at M17 1SB, England, Manchester, Unit 19 Guiness Rd Trading Estate, Traffod Park.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 1 year
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 months
- 1
-
Resident of United Kingdom
-
Individual
- 1 year
- 5
-
Resident of United Kingdom
-
Individual
- 12 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Termination of appointment of Gemma Bailey as a director on 2025-04-07Download 1 page pdf report
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Termination of appointment of Jonathan Webber as a director on 2025-04-04Download 1 page pdf report
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Appointment of Mr Robert Denniss as a director on 2025-04-04Download 2 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 Bailey Instruments Ltd
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