Bailey Products Ltd

Bailey Products Ltd, based in Horsham, UK, is a small, active company founded just three years ago. Employing 58 people and holding £859,599 in assets, it operates from a real address and is managed by a single director, with no owners officially listed. The company is an irregular importer, primarily dealing in plastics and plastic products, with its last import activity recorded one month ago in December 2022. Bailey Products specializes in the manufacture of cleaning rods, test plugs, and duct rods for the drainage and telecoms industries, selling both domestically and through a global distribution network. Its website highlights a commitment to quality, with products like the “Bailey Blue Rod” enjoying an international reputation.

The company’s core business involves wholesale of wood, construction materials, and sanitary equipment, with a particular focus on manufacturing cleaning rods and accessories, test plugs, and BT specification duct rods. The website also showcases a range of related products, including chimney rods, brushes, and sewer retrieval kits. A “Latest News” section highlights recent sponsorships and partnerships, demonstrating a commitment to supporting industry events and charitable causes.

Financially, Bailey Products Ltd exhibits a mixed picture. While cash bank on hand has plummeted by a significant 86%, dropping to £48,000, creditors have decreased by 19%, suggesting improved debt management. Trade debtors have risen dramatically by 170%, which could indicate a period of rapid sales growth, but also potential issues with collecting payments. Equity, however, has increased by a substantial 280%, reflecting retained earnings. Despite a decrease in fixed assets by 50%, the company's net assets have increased by 25%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the sharp decline in cash reserves warrants attention. As a small company, it is exempt from an audit, and the figures are unaudited.

Registered in England/Wales under the registration number 14075191, with a registered address at RH13 5QR, United Kingdom, Horsham, Bailey, Blatchford Close.

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