Bison Electrical Services Ltd

Bison Electrical Services Ltd from Beccles UK is a small, active company founded nine years ago. With twelve employees and £350,798 in assets, it’s a well-established local business boasting a perfect 5.0 Google rating from 38 reviews. The company has two directors and two owners, and operates from a real address. It’s a regular importer of electrical machinery and equipment, with recent activity recorded three months ago.

The company’s core business revolves around electrical installation services, catering to residential and commercial clients. While a website isn’t available to analyze, the nature of their services suggests a focus on local projects and maintenance work. It’s likely they operate primarily through word-of-mouth referrals and local advertising.

Financially, Bison Electrical Services Ltd shows a mixed picture. Current assets have increased by a substantial 64%, reaching £350,000, while net assets have seen a remarkable 360% jump to £58,000. Cash reserves have also surged, increasing by 1200% to £25,000. However, bank borrowings have decreased by 41%, dropping to £36,000, and trade creditors have increased by 94%, reaching £160,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The absence of an auditor is typical for companies of this size, relying on unaudited accounts.

The increase in assets and cash reserves suggests a period of growth and improved financial health, while the rise in trade creditors could indicate expanding operations or perhaps some delayed payments. The company's strong Google rating points to satisfied customers and a reputation for quality work—a valuable asset in the competitive electrical services industry.

Registered in England/Wales under the registration number 09851202, with a registered address at NR34 7XD, England, Beccles, Ellough Park Raceway Benacre Road, Ellough.

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