Bradford Rubber Services Limited

Bradford Rubber Services Ltd from Bradford UK: a small holding company with an active status, has been a fixture in the rubber industry for 65 years. Founded in 1959, the company employs eight people and holds £2,284,346 in assets. It has two directors and one owner, and operates from a real address with only one other company registered there. The firm regularly imports rubber and rubber products (9 months, last import September 2024) and exports them (17 months, last export January 2025).

The company’s website reveals it operates in the manufacture of other rubber products. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company’s website is not an e-commerce site, but rather a corporate presence showcasing its capabilities.

Financially, Bradford Rubber Services Ltd presents a mixed picture. Current assets have decreased by 13% to £2,300,000, while net assets have increased by 5.5% to £2,500,000. Bank borrowings are stable, and cash reserves have fallen by 46% to £790,000. Creditors have decreased by 9.2%, suggesting improved debt management. Key management personnel compensation has risen by 23%, reflecting potential investments in leadership. The company’s small size allows for agility, but the decrease in cash reserves could indicate tighter margins. The company is not audited, relying on unaudited financial statements.

The company’s significant decrease in average employees from eight to seven suggests a possible restructuring or cost-cutting measures. The increase in trade debtors, however, may be a concern, indicating potential difficulties in collecting payments. Overall, Bradford Rubber Services Ltd appears to be a stable, albeit slightly challenged, small business navigating the complexities of the rubber products market.

Registered in England/Wales under the registration number 00646003, with a registered address at BD4 7HG, Bradford, West Yorkshire, Unit 1c Bowling Park Close Industrial Estate.

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