Bluecoat Engineering Limited

Bluecoat Engineering Limited, based in Beckenham, UK, is a small, active company founded thirteen years ago in 2011. With 35 employees and £1,560,305 in assets, it operates from a real address and is overseen by three directors and one owner. The company is an irregular importer, primarily dealing with optical and medical tools and devices, with just one month of import activity recorded as of January 2025.

The company’s core business revolves around the manufacture of metal structures and parts of structures. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s website, while not actively selling online, provides details on its services and capabilities.

Financially, Bluecoat Engineering Limited shows a mixed picture. Cash bank on hand remained steady at £490,000, but current assets decreased by 5.3% to £1,600,000. Trade debtors dropped significantly by 13%, falling to £660,000, which could indicate improved collection efforts. However, net assets also declined by 4.1% to £900,000. Bank borrowings saw a slight increase, with overdrafts rising to £10,000. Creditors decreased by 5%, suggesting better management of short-term liabilities. The company’s property, plant, and equipment saw a substantial increase, with a 790% jump in gross cost, possibly due to new machinery investments. The lack of an auditor mentioned likely means the company is exempt from an audit as a small company, so the financial data is unaudited.

While the company's assets are substantial, the decline in net assets and increased bank borrowings suggest it’s burning through money. The increase in property, plant, and equipment could be a sign of investment for future growth, but it also adds to the company's fixed costs. The irregular import activity, combined with the manufacturing focus, hints at a complex supply chain, and it’s possible the company is facing challenges in managing its inventory or sourcing materials.

Registered in England/Wales under the registration number 07754564, with a registered address at BR3 1QZ, Beckenham, Kent, Unit 10 & 11 Gardner Industrial Estate Kent House Lane.

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