Barnard Fencing Ltd

Barnard Fencing Ltd, based in Nottingham, UK, is a small, active company established eighteen years ago. With eight employees and £427,039 in assets, it operates from a virtual address – a detail flagged by the presence of sixty-five other companies registered at the same location. The business is run by one director and one owner, and boasts a stellar 5.0-star Google rating based on 178 reviews. They’re an irregular importer of wood and wood products, with their last import activity recorded just one month ago.

The company’s website showcases a wide range of fencing solutions, from traditional timber panels to modern composite options, catering to both residential and commercial customers. They offer installation services and supply materials, with a particular emphasis on Durapost fencing systems. The site also highlights a 30-year history and positions Barnard Fencing as a family-run business, emphasizing quality craftsmanship and competitive pricing. They cover a wide area, including Gamston, Hucknall, and West Bridgford.

Financially, Barnard Fencing Ltd’s recent report reveals some concerning trends. While current assets increased slightly to £430,000, net assets plummeted by 33% to £76,000. Bank borrowings have increased significantly, rising by 120% to £21,000, and cash reserves have disappeared entirely. Creditors have also risen by 37% to £250,000, which could indicate increased reliance on credit. The company’s small size (meeting two of three conditions for being a small company) helps with agility, but the sharp decline in equity is a worrying sign. There’s no mention of an auditor, which is common for small, exempt companies. The company’s trade debtors have also increased by 31%, which could be a sign of delayed payments.

Overall, Barnard Fencing Ltd seems to be facing some financial headwinds, despite its strong reputation and wide range of services. Whether they can weather these challenges and maintain their success remains to be seen.

Registered in England/Wales under the registration number 06252138, with a registered address at NG5 1JJ, Nottingham, 550 Valley Rd, Basford.

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