Beagle Technology Group Limited

Beagle Technology Group Ltd, based in Dorset, UK, is a sizable company with a history stretching back 55 years. Active and holding company status, it employs 86 people and boasts assets of £6.48 million, generating £10.19 million in revenue annually. The company, with four directors and one owner, holds a respectable 4.0-star Google rating from nine reviews. It's an irregular importer, primarily dealing in iron or steel products, with its last import operation dating back to September 2017.

The company’s core business lies in manufacturing aerospace metallic and composite assemblies and components. It operates through several subsidiaries, including Beagle Aircraft Ltd, Qbic Technologies Limited, Beagle Treatments Limited, Beagle Aerospace Limited, and Beagle Precision Limited. It also has a dormant subsidiary, Manky Dog Limited. Its website showcases a commitment to high-quality engineering and precision manufacturing, catering to the aerospace industry.

Financially, Beagle Technology Group Ltd presents a mixed picture. While turnover increased by 50%, net assets decreased by 13%, and cash reserves fell by 19%. Bank borrowings increased by 30%, and creditors rose by 17%. Despite these pressures, the company’s current assets remain strong at £6.5 million. The lack of an auditor mentioned suggests the company is exempt from full auditing requirements. The company's turnover is over £36 million, and its balance sheet total is over £18 million, which means it’s a large company.

The trends suggest a period of investment or expansion, potentially driving up borrowing and impacting short-term profitability. However, the strong revenue figures and current assets indicate a fundamentally sound business. The company’s long history and established subsidiaries provide a solid foundation for future growth, but careful management of debt and working capital will be crucial.

Registered in England/Wales under the registration number 00968265, with a registered address at BH23 1EX, Dorset, Stony Lane, Christchurch.

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