Besleys (merthyr Tydfil) Limited

Besleys Merthyr Tydfil Ltd, based in Merthyr Tydfil, UK, is a small, active company with a rich history spanning 62 years. Employing 49 people, the business holds £5,773,450 in assets and operates from a real address on the Pant Industrial Estate. With seven directors and two owners, it’s a family-run operation boasting a stellar 5.0 Google rating from three reviews. The company regularly imports ceramic products, with 29 months of import activity recorded.

The company’s website, Formula Bathrooms, showcases a comprehensive range of bathroom products, from enclosures and sanitaryware to furniture and heating. It’s clear they cater to both trade and retail customers, offering a wide selection of brands like Kudos, MXGroup, Oceana, and Tavistock. The website's layout suggests a focus on showcasing products rather than direct e-commerce, likely serving as a catalogue for their trade customers and a resource for consumers looking for inspiration.

Financially, Besleys Merthyr Tydfil Ltd presents a mixed picture. Current assets increased by 9.7% to £5,800,000, while net assets grew 8.2% to £6,200,000. However, bank borrowings increased significantly, rising by 2,400% to £10,000, and cash reserves fell 9.2% to £3,500,000. Trade debtors also increased by 29%, which could indicate a growing customer base or a change in payment terms. The company meets the criteria for a small business, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, likely due to the small company exemption.

The increase in bank borrowings and the decrease in cash reserves are worth noting, suggesting the company may be investing in its business or facing increased operating expenses. The company's long-standing presence and positive Google rating indicate a solid reputation, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 00745266, with a registered address at CF48 2SR, Merthyr Tydfil, Unit 19 Pant Industrial Estate, Dowlais.

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