Bailey Morris Limited

Bailey Morris Ltd, based in Eaton Socon, UK, is a small, active holding company established 47 years ago. Employing 34 people and holding assets of £3,256,121, the company operates from a real address and is overseen by four directors and one owner. It’s a regular importer and exporter, specializing in machinery, boilers, and mechanical appliances, with 347 months of import activity and 284 months of export activity recorded.

The company’s website highlights its role as a leading manufacturer and distributor of propshafts and related components. It caters to a wide range of industries, from automotive to off-highway construction, offering both standard and bespoke solutions. The site emphasizes heritage and speed, with a focus on providing efficient and flexible manufacturing services. It even offers a “VOR Delivery Programme” – a sign of ambition.

Financially, Bailey Morris Ltd presents a mixed picture. While current assets remain relatively stable at £3.3 million, cash reserves have dramatically decreased by 84% to just £29,000. Bank borrowings have increased by 15% to £1.3 million, and net assets have fallen by 21% to £1.7 million. Creditors have also risen by 19%, suggesting increased reliance on short-term financing. Interestingly, deferred tax expense credit has increased by a significant 82%, which could be due to changes in tax regulations or accounting practices. Director remuneration has increased by 8%, and key management personnel compensation has decreased by 66%. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 75 employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Despite the drop in cash reserves, the company’s long-standing presence and diverse customer base suggest resilience. The increase in bank borrowings could be funding expansion or investments, but it also raises questions about liquidity. The fluctuating financial numbers, combined with the company’s established reputation, paint a picture of a business navigating a competitive market while maintaining a focus on quality and service.

Registered in England/Wales under the registration number 01345726, with a registered address at PE19 8GE, Eaton Socon, Cambridgeshire, 8 Little End Road.

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