Bennett Safetywear Limited

Bennett Safetywear Limited, based in Liverpool, UK, is a small, holding company with an active status, celebrating 83 years in business. Employing 26 people and holding £1,229,953 in assets, the company operates from a real address and is overseen by five directors and a single owner. A key aspect of their business is an e-commerce site, facilitating online sales. They regularly import clothing and accessories (excluding knitted or crocheted items) and export clothing and accessories made by knitting or crocheting.

The company's website showcases a wide range of personal protective equipment (PPE) catering to various industries, including police, military, fire, glass, energy, and aviation. They’re a distributor for GoodPRO, offering heat-resistant clothing and gloves, and manufacture their own ranges, including structural firefighting gloves and specialized workwear. The website also provides detailed information on their products and services, with a comprehensive list of countries they ship to.

Financially, Bennett Safetywear Limited demonstrates a mixed picture. While net assets increased by a modest 13%, reaching £1,400,000, cash reserves saw a significant boost of 75%, climbing to £390,000. However, bank borrowings decreased by 75%, dropping to £25,000, and trade debtors fell by 15%, suggesting a possible slowdown in customer payments. The company’s size – meeting two of three criteria for a small company – allows for flexibility, but the decrease in employee numbers by 15% to 22, could be a cause for concern. Property plant equipment free comment shows the property revaluation took place and as at 7 April 2022 it was valued at £475,000. With no auditor mentioned, the financial statements are unaudited.

Overall, Bennett Safetywear Limited appears to be navigating a period of change. The increased cash reserves are a positive sign, but the reduced workforce and decrease in debtors warrant further observation.

Registered in England/Wales under the registration number 00367257, with a registered address at L23 3AF, Liverpool, 11 Mersey Road, Crosby.

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