Bbsm Ltd

Bbsm Ltd, based in Tiverton, UK, is a small, active company founded five years ago in 2019. With 27 employees and £1,120,556 in assets, it’s a modest operation led by three directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 78 months of import activity recorded, and occasionally exports electrical machinery and equipment, with just two months of export activity. It's a real address, with only two companies registered at the same location.

Bbsm Ltd specializes in the servicing, maintenance, and installation of biomass boilers, positioning itself as a leading expert in the UK. Its website highlights a focus on maximizing efficiency, reducing carbon emissions, and improving the longevity of boiler systems. The company caters to both commercial and industrial clients, offering services ranging from routine maintenance to full system installations and even disaster recovery for damaged boilers. They also offer a range of biomass boiler parts and spares.

Financially, Bbsm Ltd presents a mixed picture. Creditors increased by a significant 29%, reaching £710,000, while bank borrowings decreased by 38%, settling at £99,000. Cash reserves increased substantially, rising 160% to £100,000. However, accumulated depreciation increased by 49%, which is a concerning trend. Trade debtors also increased by 7.4%, suggesting a potential challenge in collecting payments. Despite the company meeting two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), the increase in liabilities should be monitored. The company’s unaudited financial statements, prepared by Apsleys Chartered Accountants, don’t mention an auditor.

Overall, Bbsm Ltd appears to be a stable business, but the increase in liabilities and depreciation should be watched closely. The company’s expertise in biomass boiler services and its focus on renewable energy solutions suggest a promising future, but managing financial pressures will be key to long-term success.

Registered in England/Wales under the registration number 12220754, with a registered address at EX16 6TG, England, Tiverton, 5b Oaklands Court Tiverton Way, Tiverton Business Park.

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