Bolton Brothers Limited

Bolton Brothers Ltd, based in Ipswich, UK, is a sizable holding company with an active status, having been incorporated 26 years ago in April 01, 1999. The company employs 54 people and boasts assets of £1,926,528, generating a yearly revenue of £11,363,214. It’s managed by six directors and has one owner, maintaining a respectable Google rating of 4.0 based on 48 reviews. The company regularly imports machinery, boilers, and mechanical appliances (parts for 10 months), and exports plastics and plastic products (for 113 months).

The company operates as a waste management and recycling business, providing services from two recycling centres in Suffolk. It prides itself on offering bespoke, reliable, and personal service to its clients, with over 50 years of industry experience. Bolton Brothers handles a wide range of waste streams, including paper, cardboard, plastic, and scrap metal, and even offers confidential shredding services. The company serves various sectors, from agriculture to manufacturing, and emphasizes its commitment to environmentally friendly practices, recycling up to 95% of materials.

Financially, Bolton Brothers Ltd shows some concerning trends. Accrued liabilities decreased slightly, but accumulated depreciation on leased assets significantly increased, suggesting higher leasing costs. Administrative expenses rose by 2.8%, and director remuneration decreased considerably, particularly for the highest-paid director. Cash and bank holdings plummeted by a substantial 93%, a worrying sign for liquidity. While bank borrowings increased slightly, the sharp decline in cash reserves indicates a potential need for external financing. Creditors also decreased, suggesting improved debt management. The company's size qualifies it as a large company, meeting two of three criteria: turnover more than £36 million, balance sheet total more than £18 million, and average number of employees more than 250. The lack of an auditor is likely due to its small size.

Overall, Bolton Brothers Ltd appears to be a well-established waste management business facing some financial headwinds. The company's focus on recycling and environmental responsibility positions it well in a growing market, but the declining cash reserves will need to be addressed to ensure long-term sustainability.

Registered in England/Wales under the registration number 03745354, with a registered address at IP6 0SL, Ipswich, Suffolk, Bramford Road, Gt Blakenham.

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