Blm Group Uk Ltd

BLM Group UK Ltd, based in Bedfordshire, is a large, active company established 28 years ago. Employing 14 people, it boasts significant assets of £8,043,681 and generates yearly revenue of £8,450,021. A family business with three directors and three owners, it operates from a real address and regularly imports and exports machinery, boilers, and mechanical appliances; parts. The company's website showcases a wide range of tube processing solutions, from laser cutting and sawing to bending and endforming, catering to various industries like automotive, aerospace, and furniture.

The website’s detailed product pages and technical information suggest a focus on B2B sales rather than direct consumer engagement. It's clear the company is a specialist supplier, not a retailer. The emphasis on software like ArTube VGPNext and Industry 4.0 solutions points to a commitment to advanced manufacturing technologies. They even have a blog, "Inspired for Tube," featuring customer stories and technical insights, which is a nice touch.

Financially, BLM Group UK Ltd’s recent performance shows some concerning trends. While turnover remains strong at £8.4 million, net assets have fallen by 20% to £1.5 million. Cash reserves have plummeted by 69%, down to £4.2 million, which is a substantial decrease. Bank borrowings have increased dramatically, by 640%, reaching £5.2 million—a sign the company may be relying more on external financing. Creditors have also decreased by 57%, which could indicate better management of short-term liabilities, or perhaps a reduction in supplier credit terms. The company's large size (meeting two of three criteria for being a large company) means its accounts aren’t audited, so the figures are unaudited.

Overall, BLM Group UK Ltd appears to be a well-established player in its niche, but the sharp decline in cash reserves and increased borrowing raise questions about its financial health. It's likely the company is investing heavily in new technologies or expanding its operations, but the reliance on external funding could pose a risk if market conditions change.

Registered in England/Wales under the registration number 03301614, with a registered address at MK45 2QW, Bedfordshire, No 4 Ampthill Business Park, Ampthill.

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