Bgb Engineering Limited

BGB Engineering Limited, based in Lincolnshire, UK, is a sizable company with a 38-year history and an active status. Employing 88 people and boasting assets of £13,161,231, it’s a well-established player in the engineering sector. The company’s real address and seven directors, although lacking any officially declared owners, suggest a stable, if somewhat complex, management structure. Google users rate it a perfect 5.0 based on four reviews, indicating high customer satisfaction. BGB is a regular importer and exporter of electrical machinery and equipment, with 218 months of import activity and 664 months of export activity recorded.

BGB’s core business revolves around providing engineering solutions, particularly in the slip ring and rotary union markets. Its website highlights a diverse range of applications, from wind turbines and wastewater treatment to construction equipment and even fairgrounds. The company designs, manufactures, and supplies slip rings, brush holders, rotary unions, and other rotary solutions, catering to a global clientele. It also offers specialized services like wind turbine spare parts and fibre optic rotary joints (FORJ). The website also mentions a focus on providing solutions for the energy sector, particularly wind, nuclear, and tidal power.

Financially, BGB Engineering Limited shows a mixed picture. While current assets remained stable at £13,161,231, net assets increased by 1.5% to £15,000,000. Bank borrowings decreased by 10%, suggesting improved financial management. However, trade debtors increased by 13%, which could indicate challenges in collecting payments. The company’s size (meeting two of three criteria for a large company) and the absence of an auditor (likely exempt as a small company) mean the figures are unaudited. The company’s net loss deepened from £120,000 to £78,000, which could be due to increased operating expenses.

Despite these challenges, BGB Engineering Limited appears to be a resilient company with a strong reputation and a diverse range of products and services. Its long history and global reach suggest a business well-positioned for continued success, although the increased debt and net loss should be monitored closely.

Registered in England/Wales under the registration number 02107467, with a registered address at NG31 7NB, Lincolnshire, Dysart Road, Grantham.

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