Bridge Engineering Services Limited

Bridge Engineering Services Limited, based in Droylsden, UK, is a small, active family business established 25 years ago. With just two employees and £347,686 in assets, it operates from a virtual address shared by 38 other companies – a potential red flag. The company has three directors and three owners, and boasts a perfect 5.0 Google rating from a single review. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances; parts, with the last import activity occurring just one month ago.

The company’s website is unavailable, so it’s difficult to ascertain the specifics of its operations beyond the information provided in the report. It appears to be involved in other engineering activities, but the lack of a website limits the ability to understand its services and target market.

Financially, Bridge Engineering Services Limited shows a mixed picture. Current assets increased by 22%, reaching £350,000, while net assets grew by 13% to £170,000. Bank balances increased by nearly 7%, reaching £120,000, and cash reserves are healthy. However, creditors also rose significantly by 27%, reaching £180,000, suggesting a reliance on short-term financing. Trade debtors have also increased by 35%, which could be a sign of slower customer payments. The company meets the criteria for being a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The absence of an auditor mentioned suggests it’s exempt from an audit as a small company.

Overall, Bridge Engineering Services Limited appears to be financially stable, with growing assets and healthy cash reserves. However, the increase in both creditors and debtors warrants monitoring. The company’s status as a family business and its strong Google rating suggest a reputation for quality and reliability, but the virtual address and lack of a website raise questions about its online presence and transparency.

Registered in England/Wales under the registration number 03932130, with a registered address at M43 6PW, Droylsden, Manchester, Capital House, 272 Manchester Road.

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