Broadwater Mouldings Limited

Broadwater Mouldings Ltd from Suffolk UK is a large, active company founded 53 years ago, in 1971. It’s a holding company employing 168 people and boasting assets of £8,901,501. With a real address and six directors, the company is owned by P H Betts Holdings Ltd. Google ratings are a bit low at 2.0 based on five reviews. The company regularly imports and exports optical and medical tools and devices, with 80 months of import activity and 105 months of export activity recorded.

The company operates in the manufacture of other plastic products. It's a sizable operation, meeting two of three criteria for a large company: turnover exceeding £36 million and a balance sheet total exceeding £18 million, alongside having more than 250 employees. The company's website is non-existent, so it's difficult to determine if they have an e-commerce presence.

Financially, Broadwater Mouldings Ltd presents a mixed picture. While current assets have increased by a healthy 29%, to £8.9 million, and revenue has climbed 13%, to £19 million, there are some concerning trends. Net losses have widened, and cash reserves have fallen significantly, suggesting the company is burning through money. Bank borrowings have increased, and trade debtors have ballooned, indicating potential issues with customer payments. Despite these challenges, creditors have decreased, which could indicate better debt management. The company's auditor is Sumer Auditco Limited.

Despite the challenges, the company's long history and consistent import/export activity suggest a resilient business. The rise in director remuneration, however, could be a cause for concern. The company’s status as a holding company suggests it may have other subsidiaries, which could be contributing to its financial performance.

Registered in England/Wales under the registration number 01025838, with a registered address at IP13 9LL, United Kingdom, Suffolk, Broadwater Rd, Framlingham.

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