Bg Innovations Limited

Bg Innovations Ltd from Oldbury UK: small company, active status, founded 12 years ago, 2 employees, £27,733 assets, virtual address, 2 directors, 2 owners. Irregular importer of miscellaneous chemical products (1 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the manufacture of other parts and accessories for motor vehicles, the agents involved in the sale of fuels, ores, metals and industrial chemicals, the specialised design activities industries.

Bg Innovations Ltd’s website showcases a focus on automotive rust protection and underbody treatments. It’s an online shop selling products from Auson, a Swedish company specializing in protective coatings. The site highlights a range of products, including Noxudol treatments, and emphasizes quality, continuous product development, and environmental security. It also features a blog and information about the company's history and expertise. The company seems to be an independent engineering consultancy, with a focus on delivering engineering and surface protection solutions to the UK transport sector.

Financially, Bg Innovations Ltd presents a mixed picture. Current assets have significantly decreased, dropping by 55% to £28,000, while net assets also declined, falling 12% to -£160,000. Bank borrowings have been reduced by 46%, reaching £8,500, and cash reserves have increased by 280%, reaching £10,000. Creditors have also seen a dramatic decrease, dropping 64% to £8,600. The company’s small size and lack of debt could allow it to be more agile, but the decrease in equity raises questions about its long-term financial health. No auditor is mentioned, which is likely due to its status as a small company. The decrease in debtors is a positive sign, suggesting improved collection of payments. It’s likely that the company is facing some challenges, but its focus on a niche market and its commitment to quality could help it overcome these difficulties.

Registered in England/Wales under the registration number 08206842, with a registered address at B69 2JG, Oldbury, West Midlands, 3b Swallowfield Courtyard, Wolverhampton Road.

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