Bansal Limited

Bansal Limited, a holding company based in London, UK, has been operating for 45 years, established in 1980. The company, currently active, employs just four people and holds assets worth £13,290,615, generating a yearly revenue of £29,457,862. With five directors and a single owner, Bansal Limited maintains a real address and boasts a Google rating of 3.0 based on eight reviews. The company regularly imports machinery, boilers, and mechanical appliances, parts, with 13 months of import activity, and occasionally exports copper and copper products, with just one month of export activity.

Bansal Limited operates as a heating, plumbing, and renewables merchant, serving the London and Home Counties region. The company’s website highlights its extensive range of products, including heating equipment, plumbing supplies, bathrooms, and commercial washrooms. Established in 1978, Bansal Limited has grown steadily over the years, now operating from five branches, including a spares outlet. The company emphasizes its family-run nature and commitment to local communities. They also have a showroom in Harrods, London.

Financially, Bansal Limited shows some concerning trends. Current assets have fallen by 18% to £13,000,000, while net assets have increased by 1.1% to £5,000,000. Bank borrowings have increased by 100% to £170,000, and cash reserves have decreased by 16% to £2,500,000. Creditors have decreased by 37%, which is a positive sign. The company is considered large, meeting two of three criteria for turnover over £36 million, assets over £18 million, and more than 250 employees. The accounts are audited, and Barnes Roffe LLP is the auditor.

The company’s mixed financial performance suggests it’s navigating challenges, perhaps related to increased costs or changing market conditions. The growth of the company is good, but the decrease in cash reserves is something to keep an eye on.

Registered in England/Wales under the registration number 01479340, with a registered address at E11 4JT, London, 313/319 High Road, Leytonstone.

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