Brenbar Electrical Services Limited

Brenbar Electrical Services Ltd, based in Romford, UK, is a small, active company established 26 years ago. With 51 employees and £3,358,936 in assets, it’s a well-established player in the electrical installation industries. The business has three directors and two owners, and currently holds a perfect 5.0 Google rating based on three reviews. It regularly imports furniture, lighting, and prefabricated buildings, with the last import activity recorded four months ago.

The company’s website highlights its focus on delivering high-quality electrical services for new builds across London and Essex. It emphasizes client consultation, project management, and business planning, and caters to local councils, developers, and main contractors. Budgets for projects range from £250,000 to £15 million, showcasing a capacity to handle large-scale installations. The website also features a section dedicated to its piano restoration business, 1066 Pianos, a separate venture that operates from Cambridge and even has a showroom in Harrods.

Financially, Brenbar Electrical Services Ltd presents a mixed picture. While current assets increased by 39% to £3,400,000, net assets grew by 40% to £1,800,000. However, bank borrowings surged by 93% to £170,000, and cash reserves increased by 57% to £1,500,000. Creditors also increased by 40% to £1,600,000. 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 flexibility, but the increase in borrowings warrants attention. No auditor is mentioned, likely due to the company’s exemption as a small entity. The decrease in average employees during the period by 16% to 43, may be a result of restructuring or a seasonal slowdown. Overall, Brenbar Electrical Services Ltd appears to be financially stable, but it’s important to monitor its debt levels and employee trends going forward.

Registered in England/Wales under the registration number 03629402, with a registered address at RM3 8UR, England, Romford, Unit 18 Falcon Business Centre, Ashton Road.

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