B.j. Associates Limited

Bj Associates Ltd, based in Southampton, UK, is a small, active company founded 34 years ago. With 11 employees and £185,067 in assets, it’s a well-established operation led by two directors and a solo founder. The company regularly imports basic metal tools and utensils, with 43 months of import activity recorded.

The company’s website, precisiontooling.co.uk, reveals a focus on precision tooling and cutting tool services. It’s a specialist in tool cutter sharpening, coating, and manufacture, catering to industries like aerospace and machining. The site showcases a range of products, including chamfer mills, reamers, and straight flute reamers, available for purchase online. It also offers bespoke aerospace tooling and industrial vending machine supply. The website has a blog with articles about machining and tool life.

Financially, Bj Associates Ltd shows some concerning trends. Cash bank on hand has fallen by nearly half, dropping from £68,000 to £36,000. Current assets have also decreased by 19%, falling to £190,000. Trade debtors have fallen by 15%, and creditors have fallen by 17%, which could be a positive sign of better debt management. Net assets have decreased by 6.6%, falling to £130,000. The company meets the criteria for being a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it is exempt from an audit, so the financial statements are unaudited.

The company’s focus on precision tooling and its online presence suggest a commitment to serving a niche market. However, the decrease in cash reserves and current assets raises questions about its financial health. The company is clearly working hard, but it will need to address these trends to ensure its long-term sustainability.

Registered in England/Wales under the registration number 02557861, with a registered address at SO19 2DW, Hampshire, 21 Peveril Road Itchen, Southampton.

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