Beckett Abrasives Limited

Beckett Abrasives Ltd from Walsall UK is a small company, holding company, and is currently active. Established 54 years ago in 1971, it’s a well-established business with a real address and a Google rating of 5.0 based on five reviews. The company employs twelve people and holds assets totaling £1,344,140. It’s managed by one director and one owner, and regularly imports machinery, boilers, and mechanical appliances – parts, with the latest import operation occurring in July 2024.

The company operates in the non-specialised wholesale trade industries, and its website showcases a diverse range of products, from abrasives and power tools to PPE workwear and paper products. It’s clear the company caters to a broad industrial customer base, offering everything from hand tools to safety equipment. The website’s extensive product listings and dedicated sections for various categories—including classroom supplies and infection control—suggest a comprehensive approach to meeting industrial needs. It's a full-service supplier, not just an ecommerce site, but a portal to a wide range of industrial goods.

Financially, Beckett Abrasives Ltd shows some concerning trends. While fixed assets increased by a significant 71%, rising to £330,000, current assets decreased by 8.6%, dropping to £1,300,000. Bank borrowings surged, reaching £46,000—a 2,400% increase—while cash reserves fell 4.9%, ending at £700,000. Creditors also increased, rising 14% to £430,000. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the decline in current assets and the increase in debt raise questions. The decrease in other debtors, by 53%, suggests a possible tightening of credit terms or difficulties in collecting payments. With no auditor mentioned, the figures rely on unaudited statements.

In conclusion, Beckett Abrasives Ltd is a long-standing business facing some financial headwinds. While its diverse product range and strong Google rating indicate a healthy customer base, the rising debt and declining current assets warrant close monitoring. The company’s ability to navigate these challenges will likely depend on its ability to maintain strong customer relationships and manage its costs effectively.

Registered in England/Wales under the registration number 01001143, with a registered address at WS9 8EF, Walsall, Beckett House Redhouse Industrial Estate, Middlemore Lane West.

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