Bms Machining Ltd

Bms Machining Ltd, based in Stoke-on-Trent, UK, is a sizable company with an active status, having been founded five years ago. Employing 123 people and boasting assets of £2,146,166, it operates from a real address and is managed by two directors and two owners. It’s a family business with a solid 4.0 Google rating from 12 reviews. The company is an irregular importer of wood and wood products, with just two months of import activity recorded.

The company’s website highlights its focus on CNC machining, operating as an IATF16949 Quality Accredited production machinist. It boasts a substantial annual capacity of 12 million, handles 600 part numbers, and operates 48 machines. The website also features a section dedicated to BMS at a glance, showcasing key metrics like its capacity, number of part numbers, employee count, and machine inventory. Inquiries are directed to a phone number, providing a direct line for customer contact.

Financially, Bms Machining Ltd’s recent performance reveals a mixed picture. While cash bank on hand drastically decreased by 85%, dropping to £11,000, cash cash equivalents cash flow value increased by 81%. Staff costs rose by 12%, reaching £4.4 million, and director remuneration increased significantly by 160%. However, net assets liabilities increased by 48%, and net loss deepened to -£140,000. The company’s substantial assets and employee count (meeting two of three criteria for a large company) suggest a stable foundation, but the increase in bank borrowings and decrease in cash reserves could indicate tighter financial management is needed. The company was audited by Cottons Accountants LLP.

Overall, Bms Machining Ltd appears to be a well-established machining business facing some financial pressures. Its family ownership and focus on quality accreditation suggest a commitment to long-term success, but careful monitoring of cash flow and debt levels will be crucial for navigating the current economic climate.

Registered in England/Wales under the registration number 12027000, with a registered address at ST1 4DP, United Kingdom, Stoke On Trent, Staffordshire, Polo Works Raymond Street, Shelton.

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