Balecom Limited

Balecom Limited, based in Bristol, UK, is a small, active company founded 25 years ago in 1999. With three employees and £164,325 in assets, it operates from a real address and is overseen by three directors and one owner. Google users rate it a perfect 5.0 based on two reviews, reflecting its reputation as a regular importer of machinery, boilers, and mechanical appliances – parts were imported six months ago.

The company's website reveals a focus on waste management and recycling solutions. It acts as a stockist and distributor of Sweed Machinery Banding Strapping Choppers, offering a range of equipment for reducing waste volume and costs. Balecom also supplies balers and compactors, available for sale or hire, catering to both commercial and industrial clients. The website lists a physical location and contact details, reinforcing its presence as a tangible business.

Financially, Balecom Limited presents a mixed picture. While cash bank on hand remained stable at £150,000, current assets decreased by 11% to £160,000. Trade debtors increased by 39% to £6,100, suggesting potentially delayed payments. However, creditors significantly decreased by 47% to £16,000, indicating improved debt management. Equity also fell by 3.6% to £150,000. As a small company (meeting two of three criteria: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it benefits from flexibility, but the decline in equity warrants attention. No auditor is mentioned, likely due to small company exemption.

Overall, Balecom Limited appears to be a stable, albeit small, business navigating the challenges of its industry. The company’s focus on recycling solutions and its established presence in the market suggest a solid foundation, but the financial trends indicate a need for careful monitoring.

Registered in England/Wales under the registration number 03900306, with a registered address at BS30 8JJ, Bristol, South Gloucestershire, Unit 5 Crown Industrial Estate Crown Road, Warmley.

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