Bee Gee Brushes Limited

Bee Gee Brushes Ltd, based in the West Midlands, UK, is a small, active family business established 24 years ago. With 12 employees and £227,580 in assets, it’s a well-established player in its sector. The company, overseen by four directors and three owners, maintains a real address and boasts a perfect 5.0 Google rating from four reviews. It’s a regular importer of iron or steel products, with 26 months of import activity recorded.

The company’s website highlights its unique position as the only UK-based manufacturer of paint brushes, selling directly to customers. It emphasizes quality and expertise, with a focus on direct sales from the manufacturer. The website’s design, powered by Squarespace, suggests a modern approach to marketing and sales.

Financially, Bee Gee Brushes Ltd shows a mixed picture. Current assets increased by 15% to £230,000, while net assets grew by 23% to £38,000. Bank borrowings decreased by 13% to £160,000, and cash reserves fell by 48% to £5,400. Creditors increased by 33% to £150,000, and trade debtors increased by 15% to £72,000. 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 lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s financial data indicates it’s holding its own, but the increase in creditors suggests a need to manage its debt effectively. The family business structure and focus on direct sales appear to be strengths, but the need to maintain a healthy cash flow will be crucial for long-term success.

Registered in England/Wales under the registration number 04041783, with a registered address at DY8 1LU, West Midlands, 15 Church Street, Stourbridge.

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