Belgrade Insulations Limited

Belgrade Insulations Limited, a large company based in Leeds, UK, has been a fixture in the construction materials sector for nearly half a century. Founded in 1976, this holding company employs 146 people and boasts assets of £26,268,895, generating a yearly revenue of £72,454,258. With a real address and six directors, the company is currently active and maintains a stellar 5.0 Google rating from 27 reviews. Belgrade Insulations is an irregular importer of iron or steel products, with the last import operation occurring in December 2024, and a regular exporter of stone, plaster, cement, and similar materials, with the last export operation in June 2023.

The company's website is not available, so it's difficult to determine if they operate an e-commerce platform. However, their business appears to be primarily B2B, supplying construction materials to other businesses rather than directly to consumers.

Financially, Belgrade Insulations presents a mixed picture. While revenue increased by 7.4%, net assets decreased by 26% to £6,900,000. Bank borrowings have also increased, reaching £6,100,000, and cash reserves have fallen by 30% to £59,000. Creditors, however, decreased by 13%, suggesting improved debt management. The company meets two of the three criteria to be considered large: turnover exceeding £36 million and balance sheet total exceeding £18 million, and employees more than 250. The decrease in net assets could be due to increased investment in the business, such as new equipment or inventory, or it could reflect a period of reduced profitability. The increase in bank borrowings suggests the company is relying more on external financing, and the decrease in cash reserves indicates a need to carefully manage working capital. Forvis Mazars LLP performed the audit.

The company's reliance on imports and exports suggests vulnerability to global supply chain disruptions and currency fluctuations. The presence of six directors indicates a more structured management team, which could be beneficial for decision-making and oversight. The company's long history and positive Google rating suggest a reputation for reliability and customer satisfaction.

Registered in England/Wales under the registration number 01249578, with a registered address at LS27 7FP, England, Leeds, West Yorkshire, Unit 4 Plantation Way.

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