Biscor Limited

Biscor Ltd from Heywood UK: a large company with an active status, was founded 48 years ago. Accounts are overdue by three months, and the company employs 15 people. It holds assets worth £1,905,137 and generates a yearly revenue of £3,609,376. The company has a real address, two directors, and no owners reported. Biscor regularly imports plastics and plastic products (174 months) and exports glass and glassware (108 months).

The company operates in the other manufacturing n.e.c. industries. It’s a large company, meeting two of three criteria: turnover more than £36 million, balance sheet total more than £18 million, and employees more than 250. While the company appears to be doing well, its accounts are overdue, which is a concern.

Biscor's website isn’t available, so it’s difficult to determine if it operates an e-commerce site.

Financially, Biscor Ltd presents a mixed picture. Current assets have increased by 17%, reaching £1,900,000, while net assets have grown by a significant 38%, now standing at £1,300,000. However, bank borrowings have increased by 47%, reaching £550,000, and creditors have risen by 50%, reaching £700,000. The company’s revenue has increased by a modest 2.2%, reaching £3,600,000. The company’s bank balance decreased by 24% to £450,000. This suggests the company is investing in its operations, but it's also taking on more debt. The increase in creditors could be due to increased purchasing of raw materials to meet demand, or it could indicate some cash flow challenges.

The company's workforce has also increased slightly, with an additional employee reported, bringing the total to 17. It’s interesting to note that the director list was changed four months ago, which could signal a period of change or restructuring within the company.

The accounts were audited by Price Bailey LLP. While the company’s financial position isn’t dire, the overdue accounts and rising debt levels warrant close monitoring.

Registered in England/Wales under the registration number 01262669, with a registered address at OL10 2TA, Heywood, Lancashire, Unit 1 Broadfield Business Park, Pilsworth Road.

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