Bme Services Limited

Bme Services Limited, based in Aberdeen, UK, is a small holding company with an active status, established twelve years ago in December 2012. Employing ten people, the company holds assets totaling £1,335,357, but operates from a virtual address shared by 420 other companies – a potential red flag. Led by four directors and owned by two individuals, Bme Services Limited primarily exports electrical machinery and equipment, having done so for ten months, with the last operation in August 2024. It also imports rubber and rubber products, though less consistently, with just two months of import activity recorded.

The company’s website reveals a specialized focus: helideck refurbishment. BME Services offers comprehensive services, from surface preparation and coating to friction testing and certification, catering to platforms, ferries, and other vessels. They emphasize speed, efficiency, and compliance with industry standards, boasting a custom Blastrac model developed for hazardous areas. The site also highlights related businesses, including a division specializing in high-end piano restoration and a group providing industrial lighting solutions.

Financially, Bme Services Limited presents a mixed picture. While cash reserves grew by 83% to £360,000, and debtors increased by 33% to £960,000, net assets only grew by 13% to £380,000. Trade creditors decreased by 40% to £130,000, suggesting improved debt management. However, bank borrowings surged by 1400% to £360,000, and inventories plummeted 59% to just £10,000 – a significant drop. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the increased borrowing and inventory decline warrant closer scrutiny. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited.

Overall, Bme Services Limited appears to be navigating a period of change, balancing its core helideck refurbishment business with related ventures, while managing increased debt and a shrinking inventory.

Registered in Scotland under the registration number SC438934, with a registered address at AB10 1UT, Scotland, Aberdeen, 5 Carden Place.

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