Billion U.k. Limited

Billion Uk Ltd from Milton Keynes UK is a small holding company with an active status, established 37 years ago in 1988. It employs five people and holds assets valued at £682,537. The company has a real address, is overseen by three directors, and is owned by one individual. It regularly imports machinery, boilers, and mechanical appliances; parts (156 months imported), and exports similar items (36 months exported).

The company operates in the manufacture of plastics and rubber machinery industries. 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’s website is currently unavailable, so it’s difficult to determine if it operates an e-commerce platform.

Financial data reveals a mixed picture. Accumulated depreciation for computer equipment increased by 16%, while plant machinery saw a 9% rise. Amounts owed by group undertakings jumped significantly, by 100%, and amounts owed to group undertakings increased by a staggering 1800%. Cash bank on hand, however, saw a substantial increase of 180%, reaching £360,000. Creditors also rose, by 140%, to £310,000. Despite these changes, net current assets and liabilities increased by 19%, to £370,000.

The company’s financial position suggests it's not burning through money at a startup pace, but it’s also not experiencing explosive growth. The rise in amounts owed to group undertakings could indicate increased reliance on related entities, and the rise in creditors suggests a need to manage short-term liabilities. The increase in cash reserves is a positive sign, but the company's small size and lack of auditor (likely exempt as a small company) mean the figures rely on unaudited statements. It's possible the company is reinvesting profits back into the business, or perhaps it’s experiencing some temporary cash flow challenges. The directors list was changed twenty five days ago, which is a good sign.

Registered in England/Wales under the registration number 02210849, with a registered address at MK19 7ES, England, Milton Keynes, 40 Waterside Barns Lodge Farm Business Park, Wolverton Road, Castlethorpe.

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