Burcas Limited

Burcas Ltd from Birmingham, UK, is a well-established small company with an active status, having operated for 77 years. Employing 36 people and holding assets valued at £3,709,383, it's a significant player in its sector. The company, with five directors and two owners, boasts a stellar 5.0 Google rating based on 15 reviews. Burcas Ltd regularly imports and exports machinery, boilers, and mechanical appliances, parts, with a consistent history of 39 months of imports and 194 months of exports.

The company's website highlights its expertise in precision engineering, particularly for the aerospace industry. Burcas Ltd operates as a specialist engineering business, supplying precision machined components on a global scale. It offers services like precision machining, tooling, and inventory management, and even has a dedicated section for Kanban and hard metal supplies. The site emphasizes its ability to engineer and manufacture complex components in a range of materials.

Financially, Burcas Ltd shows some concerning trends. While fixed assets increased by 9%, current assets have decreased by 23% to £3,700,000. Net assets have also fallen by 11% to £3,100,000. Bank borrowings have decreased by 42%, and cash reserves have plummeted 94% to just £4,600. Creditors have decreased by 24%, which could indicate improved debt management, but the significant drop in cash is a cause for concern. The company meets the criteria for a small business, with turnover below £10.2 million, assets below £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small business, relying on unaudited financial statements.

Overall, Burcas Ltd appears to be facing financial pressures despite its long history and strong reputation. The decrease in cash reserves is a key area to watch, and the company's ability to maintain its operations will depend on its ability to manage its finances effectively.

Registered in England/Wales under the registration number 00437989, with a registered address at B21 8LT, Birmingham, West Midlands, Park Lane, Handsworth.

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