Borche Machinery (uk) Co. Limited

Borche Machinery (uk) Co. Limited, based in Kingswinford, UK, is a small, active company founded eight years ago. With six employees and £1,451,175 in assets, it operates from a real address and is managed by one director and one owner. Google users rate it a perfect 5.0 based on two reviews. The company regularly imports machinery, boilers, and mechanical appliances, with its last import activity recorded nine months ago in October 2021.

Borche Machinery specializes in the wholesale of other machinery and equipment, with a particular focus on injection moulding machines. Its website showcases a range of products, including two-platen machines and BUV series machines, catering to industries like automotive, construction, and 3C (consumer electronics). The company also highlights case studies demonstrating its machines' efficiency and performance in various manufacturing settings. They even have a UK showroom and service center, offering spare parts and tailored finance solutions.

Financially, Borche Machinery shows some concerning trends. Current assets decreased by 19% to £1,500,000, while net assets dropped 6.3% to £580,000. Bank overdrafts decreased by 32%, and cash reserves fell 15% to £290,000. Creditors decreased by 25%, suggesting improved debt management. Trade debtors also decreased by 8.4%. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in assets warrants attention. The unaudited financial statements, prepared using VT Final Accounts software, don't mention an auditor. It’s probable the company is exempt from an audit as a small company. The decrease in cash reserves and increase in trade debtors may be a sign of a startup facing some cash flow challenges.

Registered in England/Wales under the registration number 10474675, with a registered address at DY6 7FL, England, Kingswinford, Bay 2, Building 83 First Avenue, Pensnett Trading Estate.

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