Brooksbank Valves Limited

Brooksbank Valves Ltd, based in Keighley, UK, is a well-established company with a 54-year history, currently employing around 60 people. Holding £10.7 million in assets and generating £7 million in revenue annually, it’s considered a large company – meeting two of the three criteria for size: turnover exceeding £36 million and a balance sheet total over £18 million. The company, a holding company with an active status, operates as a regular importer and exporter of machinery, boilers, and mechanical appliances, including parts, with 127 months of import activity and 352 months of export activity recorded. It’s managed by three directors and has one owner.

Brooksbank Valves specializes in the manufacture of taps and valves, particularly exotic alloy valves, and positions itself as an independent UK valve manufacturer. Their website highlights a focus on quality assurance and traceability "from foundry to finished product," catering to naval, marine, oil, gas, and chemical industries. They offer a range of products, including triple eccentric butterfly valves, and boast a global reach, with agents and customers worldwide. The company even has a showroom in Harrods, London.

Financially, Brooksbank Valves presents a mixed picture. While current assets remain strong at £11 million, bank borrowings have significantly increased to £650,000, and cash bank on hand has decreased to £94,000. The company’s net assets are at £2.6 million. There has been a decrease in depreciation impairment property plant equipment, which could indicate a reduction in investment in fixed assets. The company’s deferred tax liabilities have also decreased. It’s worth noting that the company’s administrative expenses have risen by nearly 5%, and the applicable tax rate has increased significantly. The lack of an auditor mentioned suggests that the company is exempt from an audit.

Overall, Brooksbank Valves appears to be a stable, albeit somewhat cash-constrained, business. The increased borrowing and decreased cash reserves could be a result of investment in new equipment or expansion into new markets. It’s likely that the company’s long history and established reputation provide a buffer against short-term financial challenges, but careful management of cash flow will be crucial for continued success.

Registered in England/Wales under the registration number 01004518, with a registered address at BD20 7BW, Keighley, West Yorkshire, Unit 4 The Crossing Business Park Riparian Way, Cross Hills.

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