Bang Products Ltd
- Small
- Active
- 18 years
- 2 employees
- £65,276 (assets)
- Real address
- 2 directors
- 1 owner
- Irregular importer
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Bang Products Ltd, based in Haslemere, UK, is a small, active company founded 17 years ago. With two employees and £65,276 in assets, it operates from a real address and is overseen by two directors and one owner. The company is an irregular importer, primarily dealing in miscellaneous manufactured goods, with its last import activity recorded 17 years ago.
The company's website showcases a design and engineering business specializing in product development, prototyping, and manufacturing. It caters to clients seeking to bring new concepts to market, offering services ranging from initial design evaluation to full-scale production. They work with both established companies and startups, offering tailored solutions and emphasizing sustainable design practices. The site highlights case studies and testimonials, showcasing successful projects across various industries. It’s clear they aren’t an e-commerce business; instead, they offer a consultancy and design service.
Financially, Bang Products Ltd presents a mixed picture. Cash bank on hand has decreased by 11%, falling to £50,000, while current assets have also decreased by 9.2%, dropping to £65,000. Debtor levels have fallen slightly, but creditors have remained relatively stable. A more concerning trend is the decline in equity, which has deepened to -£57,000, suggesting the company is burning through cash. The company meets the criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are unaudited, as is common for small companies.
While the company appears to have a strong reputation for design and engineering services, the financial data suggests it's facing challenges. The decrease in cash reserves and the negative equity could indicate a need for increased revenue or cost management. It’s possible the company is reinvesting heavily in growth, but the lack of profit raises concerns.
Registered in England/Wales under the registration number 06302023, with a registered address at GU27 2LA, Haslemere, Georgian Court, 56 High Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 3
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 18 years
- 5
-
Resident of United Kingdom
-
Individual
- 18 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Confirmation statement made on 2024-07-04 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2024-03-31Download 9 pages pdf report
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Unaudited abridged accounts made up to 2023-03-31Download 10 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Bang Products Ltd
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