Biobax Ltd

Biobax Ltd from Huddersfield UK: small company, active status, founded 5 years ago, 7 employees, £130,758 assets, real address, 2 directors, 2 owners. Regular importer of electrical machinery and equipment (15 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 chemical products n.e.c. industries.

Biobax Ltd appears to be a modest operation, focusing on the manufacture of other chemical products. While no website is available to examine, the company’s profile suggests a business with a physical presence and a focus on B2B sales. It’s difficult to say whether they operate an e-commerce site, but the nature of their products—chemical solutions—typically points to direct sales to industrial clients rather than a consumer-facing online store.

Financially, Biobax Ltd’s numbers present a mixed picture. Current assets have decreased by 7.4% to £130,000, while bank borrowings have increased significantly by 99% to £66,000. Trade debtors have also fallen by 42%, which could indicate difficulties in collecting payments from customers. However, creditors have decreased by 18%, suggesting improved debt management. The company’s small size helps it remain agile, but the increase in borrowing and decrease in assets are worth noting. The company’s net assets liabilities are up 20% to £49,000.

The company’s directors, Barnes Dominic Miles William and Pawson Catherine Margaret, are also the owners, indicating a tightly held business. The lack of an auditor mentioned (likely exempt as a small company) means the financial statements are unaudited, which is common for businesses of this size. The company’s regular importing of electrical machinery and equipment, totaling 15 months of activity, suggests a reliance on external suppliers, and the last import operation was conducted on September 01, 2024.

Registered in England/Wales under the registration number 12228402, with a registered address at HD8 9GA, England, Huddersfield, 3a Technology Park Standback Way, Skelmanthorpe.

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