Biesse Group Uk Limited

Biesse Group Uk Limited, based in Northamptonshire, UK, is a large company with a holding structure, currently active after being founded 32 years ago. Employing 83 people, the company boasts assets of £17,407,826 and generates an impressive £37,546,270 in yearly revenue. It operates from a real address, overseen by two directors and one owner, and enjoys a perfect 5.0 Google rating based on two reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with substantial activity over the past few years.

The company's website, while not explicitly e-commerce focused, showcases Biesse Group Uk Limited's role as a supplier and service provider for the wood, glass, stone, and advanced materials industries. They provide machinery installation and servicing, and their website highlights the breadth of their product offerings and technical expertise.

Financially, Biesse Group Uk Limited presents a mixed picture. While revenue increased by a solid 25%, key metrics like net assets dropped significantly. Current assets decreased by 5.5% to £17 million, while net assets fell by 10% to £16.5 million. Bank borrowings increased by 20%, reaching £1.3 million, and cash reserves decreased by 10% to £1.1 million. Creditors decreased by 15%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, with turnover exceeding £36 million and balance sheet total exceeding £18 million. The lack of a mentioned auditor suggests the company is exempt from an audit.

The trends suggest the company is growing its top line, but is also facing challenges in managing its working capital. The increase in bank borrowings could indicate a need for funding to support growth or manage short-term cash flow. The decrease in cash reserves, while not alarming, warrants monitoring. The directors report that the company is not aware of any relevant audit information, and each director has taken all steps to make themselves aware of any relevant audit information.

Registered in England/Wales under the registration number 02763471, with a registered address at NN11 8YZ, Northamptonshire, Lamport Drive, Daventry.

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