Banico Limited

Banico Ltd from Manchester UK: a small holding company with an active status, has been operating for 35 years. The company employs seven people and holds assets valued at £3,671,634. It’s led by two directors and has one owner. Banico is a regular importer of optical and medical tools and devices (138 months) and exports machinery, boilers, and mechanical appliances (104 months).

The company’s website, Banico Controls, positions itself as a UK supplier of instruments for control, regulation, and protection. It’s a manufacturer and distributor of products from Fantini Cosmi and Waircom, serving the HVAC, automation, and process industries. The company operates to BS EN ISO90012015 standards and specialises in customized products. The site lists a wide range of products including gas solenoid valves, motorized zone valves, automatic changeover kits, and level controls, alongside a comprehensive list of technical data, catalogues, and instruction sheets. It also features a blog with news and FAQs.

Financially, Banico Ltd’s picture is mixed. Cash bank on hand increased by a substantial 62% to £2,300,000, a positive sign. However, amounts owed to group undertakings jumped 58% to £250,000. Creditors also increased by 13% to £320,000. Interestingly, other taxation and social security payable decreased by 48% to £74,000. Despite these fluctuations, the company's net assets increased by 1.2% to £3,400,000. The company’s small size (meeting two of three conditions for being a small company) allows for flexibility, but the increase in debt warrants attention. There is no mention of an auditor, which is likely due to the company’s small size and exemption from an audit.

Registered in England/Wales under the registration number 02440630, with a registered address at M23 9NX, United Kingdom, Manchester, C/O Banico, Dallimore Road.

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