Bms Engineering Limited

Bms Engineering Limited, based in Coventry, UK, is a small, active company founded 18 years ago. With seven employees and £411,285 in assets, it’s a well-established operation. The company, managed by three directors and one owner, boasts a perfect 5.0 Google rating from three reviews. It regularly imports iron or steel products, with its last import operation recorded in August 2024.

Bms Engineering specializes in tubular and sheetmetal fabrications, including roll cages and chassis structures. The company's website highlights its expertise in engineering and manufacturing services, such as 3D laser scanning, laser cutting, and CNC tube bending. It supports projects ranging from prototype component manufacture to volume welded assembly production, catering to the motorsport and automotive industries. Founded in 2007 to support the motorsport industry, it has invested in machinery and personnel to provide high-quality components competitively.

Financially, Bms Engineering Limited shows a mixed picture. Cash bank on hand decreased by 15% to £160,000, while creditors fell by 7% to £130,000. However, trade debtors increased significantly by 45% to £180,000, and other creditors jumped 210% to £28,000. Equity grew by 12% to £560,000, and net assets also increased by 10% to £640,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests exemption as a small company.

Despite the positive trends in equity and net assets, the increase in trade debtors could indicate challenges in collecting payments. The company’s continued growth and investment in technology suggest a healthy, albeit lean, operation—but it's important to monitor its cash flow closely.

Registered in England/Wales under the registration number 05952135, with a registered address at CV5 7AX, Coventry, Unit 3 403 Broad Lane.

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