Bull Products Ltd

Bull Products Ltd, based in Hereford, UK, is a sizable company operating as a holding entity with an active status. Founded eleven years ago in 2013, it employs seventy-five people and boasts assets of £12,660,468, generating a yearly revenue of £16,533,118. The company, with three directors and one owner, holds a stellar 5.0 Google rating based on six reviews and regularly imports and exports electrical machinery and equipment—eighty-two months of import activity and ninety-four months of export activity.

Bull Products specializes in fire safety equipment and site safety solutions, catering to a wide range of industries, including construction, housebuilding, and infrastructure. Its website showcases a diverse product portfolio, from wireless alarm systems to spill control measures and first responder stations, alongside services like fire risk assessments and product hire. The company also operates a division focused on Green Bull Fire Safety, highlighting its commitment to sustainable safety practices.

Financially, Bull Products Ltd presents a mixed picture. While cash bank on hand decreased by 43% to £530,000, current assets increased by 20% to £13 million. However, the company’s net assets dropped significantly, with a 33% decrease to £11 million. Bank borrowings increased substantially—65%—reaching £6.1 million, while dividends paid plummeted 81%, leaving just £510,000. It’s worth noting that deferred tax expense credit decreased by a significant 87%, which could be due to changes in tax laws or accounting practices. The company meets two out of three criteria to be considered a large company, indicating a solid, but not expansive, financial standing. The financial statements were audited by Drummond Laurie CA.

The trends suggest that while Bull Products maintains a strong revenue stream and asset base, it’s managing its debt and equity more cautiously. The decrease in cash reserves and dividends paid could reflect investments in growth or strategic initiatives, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 08587906, with a registered address at HR2 6JF, Hereford, Beacon House 4 Beacon Road, Rotherwas Industrial Estate.

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