Bomet Uk Ltd

Bomet Uk Ltd, based in Chipping Norton, UK, is a small holding company with an active status, established fifteen years ago. The company holds £69,862 in assets and operates from a virtual address, managed by one director and one owner. It regularly imports iron or steel products (10 months), but exports are sporadic (1 month).

The company’s website reveals a fascinating business: Bodegraven Metaal, Europe's largest manufacturer of threaded rods. Founded in 1981, the company boasts a 40th-anniversary celebration and a global presence, exporting its products worldwide. The site highlights large stock availability, quality assurance, and short delivery times, catering to construction and industrial clients. A key focus is the quality of threaded rods, with a warning about inferior products and a video demonstrating the importance of the 60-degree thread angle. The site also features news updates, including custom length cutting services and a warning about thread shape issues.

Financially, Bomet Uk Ltd presents a mixed picture. Cash bank on hand increased dramatically, jumping from £2 to £17,000—a staggering 840,000% increase. However, current assets also saw a significant boost, rising to £70,000, while net assets plunged into negative territory at -£4,400. Trade creditors and debtors both increased, reaching £74,000 and £18,000 respectively. The company's small size (meeting two of three criteria for a small company) allows for flexibility, but the negative equity is concerning. The accounts are unaudited, a common occurrence for small companies.

The company’s rapid growth in cash reserves suggests a successful period of sales, but the negative equity and rising debts indicate a need for careful financial management. The strong focus on quality and the global reach of Bodegraven Metaal suggest a solid foundation, but the financial data hints at a company that is burning through money, perhaps reinvesting heavily in inventory or expansion.

Registered in England/Wales under the registration number 06939673, with a registered address at OX7 5LL, Chipping Norton, Oxfordshire, Finsbury House, New Street.

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