Barco Limited

Barco Ltd from Bracknell, UK, is a large holding company with an active status, established twenty-four years ago in July 2000. Despite its size, the company’s confirmation statement is overdue by seven months, a potential flag. Employing just twenty-three people, Barco Ltd generates a yearly revenue of £3,316,212, and operates from a real address shared by only three other companies. The business is led by three directors and has one owner, though the list of owners was changed nine years ago. Regular exports of electrical machinery and equipment have occurred over the last three months, with the most recent shipment made on December 1, 2023.

The company’s website is currently unavailable, making it impossible to determine if Barco Ltd operates an e-commerce platform or offers services directly to consumers. Without a website, it’s difficult to assess their online presence and marketing efforts.

Analyzing the financial data reveals a mixed picture. While turnover remains steady, key metrics indicate potential financial pressures. For example, accrued liabilities decreased by 26%, and depreciation on computer equipment fell by 32%, suggesting a reduction in investment. However, corporation tax payable increased by a significant 160%, and bank borrowings surged by nearly 5%, indicating increased reliance on external financing. Despite these challenges, the company’s operating profit increased by 320%, a positive sign. The company’s net assets declined by 52%, a substantial drop that warrants further investigation. It’s worth noting that the company’s tax expense credit decreased by 53%, which could be due to changes in tax regulations or business performance. The company is audited by Haines Watts.

In conclusion, Barco Ltd appears to be a sizable company facing a complex financial landscape. While the increase in operating profit is encouraging, the decline in net assets and rising tax liabilities suggest a need for careful financial management. The lack of an online presence limits understanding of its customer engagement strategy, and the overdue confirmation statement raises questions about compliance.

Registered in England/Wales under the registration number 04039048, with a registered address at RG12 8PE, England, Bracknell, Berkshire, Building 329 Doncastle Road.

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