Balance Systems Innovations Ltd

Balance Systems Innovations Ltd, based in Olney, UK, is a small, active company founded 11 years ago. Employing just two people, it holds £42,150 in assets and operates from a real address, overseen by two directors and one owner. The company is an irregular importer, primarily dealing in miscellaneous metal items, with its last import activity recorded over a year ago in February 2016. It operates within the non-specialised wholesale trade industries.

The company’s website is non-existent, which makes it difficult to determine if they are involved in e-commerce. Without a digital storefront, it’s likely their sales are wholesale-based, relying on direct relationships with clients rather than online transactions.

Financially, Balance Systems Innovations Ltd presents a mixed picture. Current assets have decreased by 17% to £42,000, while cash reserves have fallen by a significant 58% to £2,200. Trade debtors have also seen a sharp decline, dropping 55% to £8,000, which could indicate improved collection efforts or a reduction in credit sales. On the positive side, creditors have decreased by 38% to £18,000, suggesting better management of short-term liabilities. Equity has increased by 12% to £24,000, but this is offset by a 47% decrease in accumulated depreciation. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Despite the decline in cash reserves, the company’s equity has increased, indicating a potential for long-term stability. The decrease in debtors is a positive sign, but the drop in cash needs to be monitored. The company’s small size allows for agility, but the financial data suggests it's not burning through money, just not experiencing a surge in growth either.

Registered in England/Wales under the registration number 08802954, with a registered address at MK46 5EA, Olney, Buckinghamshire, 38 Stilebrook Road.

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