Bumford Heating Limited

Bumford Heating Ltd, based in Hoyland Barnsley, UK, is a small, active holding company established 41 years ago. With 14 employees and £548,069 in assets, it operates from a real address and is overseen by three directors and one owner, boasting a solid Google rating of 4.0 based on 75 reviews. The company is an irregular exporter of optical and medical tools and devices, with just one month of exports recorded.

The company’s website reveals a business providing heating, plumbing, and related solutions since 1968. Bumford Heating offers a wide range of services, including boiler installation and repair, underfloor heating, air conditioning, and bathroom installations. It’s clear they are focused on domestic customers, with a strong emphasis on reliability, competitive pricing, and British craftsmanship. The website also highlights their expertise in Worcester Bosch accredited installations and offers a convenient online booking system.

Financially, Bumford Heating Ltd presents a mixed picture. Current assets have decreased by 19% to £550,000, while net assets have fallen by 1.5% to £200,000. Bank borrowings have increased by 100% to £29,000, and cash reserves have dropped by 30% to £28,000. Creditors have decreased by 28%, suggesting improved debt management. The company’s small size, meeting two of three criteria for being a small company, helps it remain flexible. The accounts are unaudited, likely due to the company’s small size, and no auditor is mentioned.

The company's reliance on a single owner and the decrease in cash reserves could indicate a period of reinvestment or tighter margins. The increase in bank borrowings may be a strategy to fuel growth or manage short-term cash flow. Overall, Bumford Heating Ltd appears to be a stable, family-run business navigating the challenges of a competitive market, but it’s important to monitor their financial trends closely.

Registered in England/Wales under the registration number 01725290, with a registered address at S74 9LH, Hoyland Barnsley, South Yorks, Unit 2d Shortwood Court, Shortwood Business Court.

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