Bsp Hydraulics Limited

Bsp Hydraulics Limited is a small holding company based in Normanton, UK, with an active trading status. Founded 23 years ago in March 2002, it employs 14 people and holds assets valued at £3,217,681. The company operates from a real address and is overseen by three directors and one owner. Bsp Hydraulics is a regular importer and exporter of machinery, boilers, and mechanical appliances, including parts, with 181 months of import activity and 54 months of export activity recorded.

The company's website showcases a comprehensive range of hydraulic products and services, from pumps and motors to hydraulic hose fittings and repair services. It appears to be primarily a B2B supplier, catering to various sectors including truck, mobile, industrial, construction, and marine industries. While there’s no explicit e-commerce functionality, the website serves as a detailed catalog and information portal, with a focus on technical specifications and brand partnerships like Parker and Denison. The site also highlights a commitment to customer service, including hydraulic hose assembly and repair services, and a focus on matching customers with the right products.

Financially, Bsp Hydraulics Limited shows some concerning trends. While cash reserves increased by 19% to £1,100,000, net assets only increased slightly to £720,000. Creditors increased by 19% to £2,700,000, and bank borrowings surged by a significant amount, reaching £200,000. Trade debtors also increased, reaching £1,300,000, suggesting potential issues with collecting payments. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the increase in liabilities warrants closer scrutiny. The company is exempt from an audit, so the financial statements are unaudited.

The company’s growth in liabilities, while offset by increased cash reserves, suggests it may be burning through money to fuel expansion. The lack of mention of an auditor is not unusual for a small company, but the rising debt levels should be monitored closely.

Registered in England/Wales under the registration number 04399415, with a registered address at WF6 2AE, England, Normanton, Unit 1 Tuscany Court, Express Way.

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