Bmp Europe Limited

BMP Europe Limited, based in Accrington, UK, is a substantial player in the industrial consumables sector. Established forty years ago in 1984, this holding company employs 150 people and manages assets totaling £10.4 million, generating a yearly revenue of £19.3 million. With seven directors and one owner, the company operates from a real address within Altham Business Park and maintains a Google rating of 4.0 based on 13 reviews.

The company specializes in importing textile padding, felt, and nonwoven fabrics, ropes, and cables, with a consistent import history spanning 223 months. Simultaneously, it exports machinery, boilers, and mechanical appliances, parts, demonstrating 295 months of export activity. BMP Europe Limited is owned by Andrew Industries Ltd, a relationship that has remained consistent for eight years.

A review of BMP Europe Limited’s financial data reveals a mixed picture. While current assets increased by a respectable 19%, reaching £10 million, net assets have remained stable. Bank borrowings have risen significantly, increasing by 100% to £160,000, and cash reserves have fallen by 52% to £83,000. Creditors have also increased by 81%, reaching £2.1 million. The company’s turnover experienced a 11% decrease, falling to £19 million. Despite this, the company continues to meet two of the three criteria for a large company, demonstrating turnover over £36 million, a balance sheet total over £18 million, and more than 250 employees.

The accounts are audited by PM+M Solutions for Business LLP. The company’s reliance on a lean workforce, with no employees reported, suggests a focus on efficiency and cost management. The recent increase in bank borrowings and decrease in cash reserves could indicate increased investment or operational challenges, but the company's established presence and diverse import/export activities suggest resilience. The slight decrease in turnover may be a result of market fluctuations or increased competition, but the company’s strong Google rating indicates continued customer satisfaction.

Registered in England/Wales under the registration number 01845855, with a registered address at BB5 5YH, Accrington, Lancashire, Shorten Brook Drive, Altham Business Park.

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