B.h.c. Distributors Limited

Bhc Distributors Ltd, based in Ballycastle, Northern Ireland, is a small, active family business established 27 years ago. The company, with three directors and two owners, currently holds £2,865,974 in assets. While confirmation is overdue by five months, it maintains a perfect 5.0 Google rating based on a single review. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with the last import operation recorded two months ago in March 2021.

The company operates as an agent specializing in the sale of other particular products. Its registered address, 11 Drumavoley Road, is considered real, with only three companies registered there. It's a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company owns Ilimex Ltd and Agricultural Solar Investments Limited.

Financially, Bhc Distributors Ltd shows a mixed picture. Current assets decreased by 16% to £2,900,000, while net assets increased by 66% to £2,900,000. Bank borrowings decreased by 62% to £28,000, and cash reserves increased by 37% to £300,000. Creditors decreased by 56% to £890,000. Trade debtors decreased by 48% to £710,000. The company’s equity increased significantly, rising 65% to £2,900,000. The lack of an auditor mentioned suggests it’s exempt as a small company.

The company’s financial performance indicates a period of stabilization, with improved equity and cash reserves. However, the decrease in current assets and trade debtors warrants further investigation. It's likely that the company is facing some challenges, but its strong equity position and positive Google rating suggest it remains a viable business.

Registered in Northern Ireland under the registration number NI033267, with a registered address at BT54 6PG, Ballycastle, County Antrim, 11 Drumavoley Road.

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