Bedford Bi-folds Ltd

Bedford Bi-Folds Ltd from St. Albans UK: a small, active company founded ten years ago, employs 22 people, and holds £1,204,614 in assets. It's a family business with four directors and two owners, boasting a perfect 5.0 Google rating from 62 reviews. The company regularly imports miscellaneous metal items, with 37 months of import activity recorded.

The company specializes in the manufacture of doors and windows, offering a wide range of products including aluminium, composite, uPVC, and heritage doors and windows. Their website showcases a comprehensive selection, catering to both trade and residential customers. They also operate a showroom in Bedford, allowing customers to experience their products firsthand. The website also highlights their partnerships with leading brands like ALUK, Reynaers, and Hormann, demonstrating a commitment to quality and innovation.

Financially, Bedford Bi-Folds Ltd presents a mixed picture. While current assets remained stable at £1,200,000, net assets decreased by 19% to £440,000. Bank borrowings increased by 7.6% to £950,000, and cash reserves dropped 1.6% to £900,000. Creditors, however, decreased by 57%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited accounts, prepared in accordance with FRS 102, do not mention an auditor.

The decrease in equity and the increase in bank borrowings could indicate that the company is investing in growth or facing increased operating costs. The decrease in debtors, however, is a positive sign. The company’s continued success will likely depend on maintaining its reputation for quality and service, and effectively managing its finances.

Registered in England/Wales under the registration number 09585698, with a registered address at AL3 5SB, St. Albans, Herts, The Studio, 54 Batchwood Drive.

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