Brit- Lube Ltd

Brit-Lube Ltd, based in Warrington, UK, is a small, active company founded seventeen years ago. With eight employees and £531,969 in assets, it operates from a virtual address, managed by two directors and one owner. The company regularly imports plastics and plastic products (14 months) and exports soaps, cleaning products, and waxes (52 months).

Brit-Lube’s website paints a picture of a British lubricants company specializing in maintenance, industrial, and specialist applications. It offers a wide range of products, including food-grade lubricants, high-temp oils, and cleaners, catering to diverse markets like food & beverage, construction, and marine. The company also highlights its expertise in piano restoration and disaster recovery.

Financially, Brit-Lube shows some concerning trends. Accumulated depreciation on plant machinery has risen by a substantial 43%, while bank borrowings have decreased significantly. Cash reserves have increased by a whopping 730%, a positive sign, but trade debtors have also increased, suggesting a potential issue with customer payments. The company’s size (meeting two of three criteria for a small company) allows for flexibility, but the rise in depreciation and potential debt management challenges warrant attention. No auditor is mentioned, which is typical for a small company. The company's equity has also increased by 54%, which is a good sign. The company’s trading status is active, and it has a good reputation.

Registered in England/Wales under the registration number 06302852, with a registered address at WA4 2QL, United Kingdom, Warrington, Cheshire, 207 Knutsford Road Grappenhall.

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