Benco Supplies Limited

Benco Supplies Limited is a small, active company based in Bristol, UK, established eleven years ago in January 30, 2014. With two employees and £342,154 in assets, it operates from a real address in Portishead and is overseen by three directors and two owners. The company specializes in retail sales via mail order houses and the internet, as evidenced by its website, Benco Sales, which focuses on industrial strippers for various applications.

Benco Sales’ website showcases a range of high-performance industrial strippers and stripping tanks designed to increase productivity and enhance manufacturing efficiency. They cater to industries like automotive, aerospace, construction, and manufacturing, offering solutions for removing paints, powder coats, and other coatings from surfaces. The site features testimonials from satisfied customers, highlighting the effectiveness and time-saving benefits of their products. They even partner with RTP Customs, suggesting a network of distributors and collaborators.

Financially, Benco Supplies Limited presents a mixed picture. Current assets have decreased by 27% to £340,000, while net assets have fallen by 4.8% to £330,000. Cash bank on hand, however, has seen a significant increase of 220% to £240,000, indicating improved liquidity. Debtors have sharply decreased by 75%, which could be a positive sign of better collection practices, or perhaps a reduction in sales. Creditors have also decreased by 92%, which is a good thing. The company’s small size (meeting two of three conditions for being classified as small) allows for flexibility, but the decrease in equity warrants attention. The accounts are unaudited, which is common for small companies, and no auditor is mentioned.

Overall, Benco Supplies Limited appears to be navigating a period of change. While the company’s cash position has improved, the decrease in assets and equity suggests a need for careful management. The focus on a specialized niche—industrial stripping solutions—positions it well for future growth, but the financial health needs to be monitored closely.

Registered in England/Wales under the registration number 08851540, with a registered address at BS20 8RL, Bristol, 159 Merlin Park, Portishead.

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