Bituchem Building Products Limited

Bituchem Building Products Ltd, based in Cinderford, UK, is a large, holding company with an active status. Established 38 years ago in 1986, it employs 34 people and holds assets worth £5,849,193. The company has a real address and is managed by eight directors and one owner. Its Google rating is a perfect 5.0 based on two reviews, and it regularly imports machinery, boilers, and mechanical appliances, parts (last import December 01, 2024).

The company specializes in road surfacing and surface dressing emulsions, offering a range of products and technologies for highway preservation, asphalt bonding, and pothole repair. Its website highlights a focus on quality, customer service, and innovation, with a dedicated knowledge hub providing information on road maintenance. Bituchem also operates a global scale, exporting its processes worldwide.

Financially, Bituchem Building Products Ltd presents a mixed picture. While net assets increased by a modest 2.7% to £5.8 million, cash reserves declined by 8.3% to £2.6 million. Bank borrowings surged by 170% to £1.2 million, and director remuneration decreased significantly by 51% to £260,000. Despite a decrease in staff costs by 12%, the company’s turnover dropped by 3.3% to £9.4 million. The company meets two of the three criteria for a large company: turnover more than £36 million, balance sheet more than £18 million, employees more than 250. The lack of an auditor mentioned suggests the company is exempt from an audit.

Overall, Bituchem Building Products Ltd appears to be navigating a period of change. Its established reputation and focus on quality should help it weather the current challenges, but the increase in borrowing and decrease in cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 02047278, with a registered address at GL14 2YH, Cinderford, Gloucestershire, Bituchem, Laymore Road, Forest Vale Industrial Estate.

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