Barrnon Ltd

Barrnon Ltd, based in Appleby-In-Westmorland, UK, is a small, active company founded seventeen years ago in 2007. With twenty-two employees and £3,462,195 in assets, it operates from a real address within the Appleby Business Park. The company is led by one director and one owner, Barr Andrew Fraser. Barrnon Ltd is an irregular importer of basic metal tools and utensils, with just one month of import activity recorded, and an irregular exporter of optical and medical tools and devices, also with just one month of export activity.

The company's website, Barrnon Better by Design, emphasizes engineering and robotics solutions, highlighting a focus on "redefining what's possible." It describes services including design, engineering, and manufacturing, suggesting a B2B focus on custom solutions rather than direct consumer sales. The site’s language suggests a high-value, technically-driven business, rather than a simple e-commerce operation.

Financially, Barrnon Ltd presents a mixed picture. While current assets remain relatively stable at £3.5 million, there’s a concerning trend of declining profitability. Net assets decreased by 27% to £1.6 million, and net losses widened significantly. Bank borrowings increased by 110%, reaching £570,000, while cash reserves plummeted 40% to £890,000. Creditors also increased, suggesting a reliance on external financing. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decrease in equity and increased debt are worth noting. The lack of an auditor mentioned, likely due to its small size, means the figures are unaudited.

Overall, Barrnon Ltd appears to be navigating a period of financial pressure, despite its technical expertise and focus on high-value engineering solutions. Whether it can maintain its growth trajectory while managing increased debt remains to be seen.

Registered in England/Wales under the registration number 06405339, with a registered address at CA16 6HX, Appleby-In-Westmorland, Cumbria, Unit 13, Appleby Business Park, Drawbriggs Lane.

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