Bondline Industries Limited

Bondline Industries Ltd from Hull UK: a small, active company founded 15 years ago, employs four people, and holds £436,978 in assets. It’s a solo-founded operation with one director and owner. The company irregularly imports plastics and plastic products (last import February 2023) and exports natural and modified starches, glues, and enzymes (last export March 2021). Bondline Industries operates from a real address and is classified as a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website, bondlineindustries.co.uk, showcases its focus on industrial adhesive solutions. It supplies a wide range of sectors, including building construction, industrial, renewable energy, and marine, offering products like sprayable adhesives, sealants, tapes, and fire-rated acoustic tapes. The site also highlights its services, including technical support, delivery options, quotations, and sample provision. The website suggests a B2B focus, targeting businesses needing specialized adhesive and bonding solutions. It’s not a typical e-commerce site with direct consumer sales, but rather a platform for showcasing products and contacting the company.

Financially, Bondline Industries Ltd presents a mixed picture. Current assets increased by a modest 5.2% to £440,000, while net assets grew significantly by 23% to £300,000. Bank cash increased by 20% to £330,000, a positive sign of liquidity. However, trade debtors decreased by 31%, which could indicate slower payments from customers. Dividends paid remained consistent at £21,000. The company’s property, plant, and equipment has seen a substantial increase, with motor vehicles growing by 300%. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited.

Overall, Bondline Industries Ltd seems to be financially stable, with growing assets and cash reserves. The decrease in trade debtors is something to keep an eye on, but the company's focus on specialized industrial solutions and its established presence in the market suggest a solid foundation. The company's growth in property, plant, and equipment suggests investment and expansion, which is a good sign for the future.

Registered in England/Wales under the registration number 06995630, with a registered address at HU3 4AY, England, Hull, Unit 28 Boulevard Ind Est, Boulevard.

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