Bearings & Drives Limited

Bearings & Drives Limited, based in Congleton, UK, is a small, active company established 27 years ago. With nine employees and £1,024,342 in assets, it’s a well-established player in its sector. The company, boasting a perfect 5.0 Google rating from eight reviews, operates from a real address and is overseen by five directors and two owners. It’s a regular importer, primarily of machinery, boilers, and mechanical appliances, with 29 months of import activity recorded, the last in December 2024.

The company’s website is minimal, providing little insight into its operations beyond its core business. It appears to be a B2B supplier rather than a direct-to-consumer retailer. It operates in the other non-ferrous metal production industries.

Financially, Bearings & Drives Limited presents a mixed picture. While net assets increased by a modest 1.6% to £590,000, several key indicators are concerning. Cash bank on hand decreased by 5.8% to £140,000. Trade debtors increased by 4.3% to £490,000, suggesting potential issues with customer payments. Creditors decreased by 4.9% to £460,000, which could indicate improved debt management. Bank borrowings decreased by 100% to zero, which could be a positive sign. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for small, exempt companies.

Overall, Bearings & Drives Limited seems to be navigating a challenging environment. While its Google rating suggests strong customer satisfaction, the financial data reveals some areas that require attention. The company’s long-standing presence and experienced management team should help it weather these pressures, but close monitoring of cash flow and debtor management will be crucial.

Registered in England/Wales under the registration number 03522079, with a registered address at CW12 4TR, England, Congleton, Cheshire, Units 4 & 5 Greenfield Road, Greenfield Industrial Estate.

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