Bedmax Limited

Bedmax Ltd from Northumberland UK: a large company, holding company, active status, founded 25 years ago, 62 employees, £6,078,827 assets, real address, 4 directors, 1 owner. Regular importer of machinery, boilers, and mechanical appliances; parts (11 months imported). Regular exporter of wood and wood products (48 months exported). It’s a substantial operation, meeting two of the three criteria to be classified as large: turnover exceeding £36 million, a balance sheet total over £18 million, and more than 250 employees. The company operates as a holding company, with Pensave Ltd listed as its owner, a relationship that hasn's changed much over the last nine years.

Bedmax Limited's core business revolves around the manufacture and supply of wood shavings and straw pellets, primarily for the equine industry. Its website highlights a commitment to quality and British craftsmanship, with a particular focus on providing bedding solutions for horses and ponies. Beyond equine bedding, the company also produces a biomass product and offers a range of related products, including high-visibility workwear, fire extinguishers, ladders, and safety signage. It's clear they are aiming to provide a one-stop shop for horse owners and related industries.

Looking at the financials, there are some interesting trends. Accrued liabilities and deferred income have significantly decreased, falling by 57% to £350,000. This could indicate improved cash flow management or a shift in payment terms. However, depreciation on plant machinery has increased by 8.1%, suggesting ongoing investment in equipment to meet demand. Director remuneration has also risen by 4.3%, reflecting the company’s continued success. On the downside, cash bank on hand has plummeted by 89%, dropping to just £27,000—a concerning trend that could signal increased operational expenses or significant investments.

Despite these fluctuations, the company appears to be maintaining a stable workforce, with the average number of employees increasing slightly to 64. The company’s continued focus on the equine market, combined with its commitment to quality and sustainability, positions it well for future growth, although the sharp decline in cash reserves warrants close monitoring. The financial statements are audited by Greaves West & Ayre, providing a degree of assurance to stakeholders.

Registered in England/Wales under the registration number 03796823, with a registered address at NE70 7PF, Northumberland, Detchant, Belford.

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