Beady Race Ltd

Beady Race Ltd, based in Betchton, UK, is a small, active company founded ten years ago in 2015. With £102,456 in assets and a real address, it’s a solo-founded operation managed by a single director and owner, Michael Robert Jones. The company is an irregular importer, primarily dealing with optical and medical tools and devices, with just one month of import activity recorded as of January 2024.

The company’s website, while minimal, reveals a broader scope of operations. Beady Race Ltd operates in the manufacture of electrical and electronic equipment for motor vehicles, the manufacture of other parts and accessories for motor vehicles, and engineering related scientific and technical consulting activities. It's not clear if the website is purely informational or if it facilitates e-commerce, but the range of activities suggests a diverse business model.

Financially, Beady Race Ltd presents a mixed picture. Current assets have decreased by 11% to £100,000, while net assets increased by 61% to £110,000. Bank borrowings have remained stable, and cash reserves have seen a significant jump of 1900%, reaching £73,000. However, trade debtors have plummeted by 91%, suggesting a potential issue with customer payments. Creditors have also decreased, which is good. The company meets the criteria for a small business – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, Beady Race Ltd seems to be navigating a period of change. The increased cash reserves are a positive sign, but the sharp decrease in trade debtors warrants closer attention. The company's diverse range of activities, combined with its small size, allows for agility, but it also presents challenges in managing multiple business lines.

Registered in England/Wales under the registration number 09419132, with a registered address at CW11 2TN, England, Betchton, Betchton Manor, Cappers Lane.

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