Bendac Labs Limited

Bendac Labs Limited, based in Trowbridge, UK, is a small, active company founded just three years ago in 2021. With £174,778 in assets and a real registered address, it employs a single person and is overseen by two directors and two owners. The company boasts a respectable 4.0 Google rating from eight reviews. It’s a regular importer, specializing in electrical machinery and equipment, with recent activity recorded in September 2024.

Bendac Labs’ website highlights its role as a “premium LED screen provider,” catering to diverse sectors like super yachts, sports teams, and educational institutions. The company offers a range of LED display products, from conceptual design to installation and commissioning, emphasizing innovation and high-quality visual technology. They even have a section dedicated to case studies, showcasing their work with notable clients. The site’s professional design and focus on turnkey solutions suggest a business aiming for a premium market position.

Financially, Bendac Labs Limited presents a mixed picture. While cash reserves have exploded, increasing by 74,000% to £74,000, net assets have also increased significantly to £91,000. However, creditors have also risen dramatically, increasing by 280,000% to £280,000. Bank borrowings are up 940% to £940. Trade debtors are also up, suggesting a possible reliance on customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the large increase in liabilities suggests it might be burning through money. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Bendac Labs Limited seems to be growing quickly, but it’s also taking on considerable debt. Whether this expansion is sustainable, and whether it's a good thing, remains to be seen.

Registered in England/Wales under the registration number 13500764, with a registered address at BA14 0XG, England, Trowbridge, Wiltshire, Monckton House, Epsom Square.

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