Bure Ltd

Bure Ltd is a small, active company based in Stevenage, UK, founded five years ago in 2019. With two employees and £4,870 in assets, it’s a modest operation managed by a single director and owner. The company operates in both retail sale via mail order houses or via internet, and freight transport by road industries.

The company’s website highlights its services as an electrician covering Lowestoft and Great Yarmouth, and the surrounding area. Bure Electrical Co Ltd is a local, independently run business established since 1979, approved by NICEIC, Part P Registered and fully guaranteed and insured. They provide electrical services ranging from small domestic repairs to more sophisticated commercial installations, emphasizing quality workmanship and adherence to British Standards. It’s clear they’re targeting a local market with a professional, reliable service.

Financially, Bure Ltd presents a mixed picture. While bank borrowings decreased by 49%, cash reserves increased by 19% to £840. However, creditors saw a significant increase of 2300% to £2100, and net assets liabilities rose dramatically to £1000. Debtor levels increased by 45%, suggesting a possible reliance on outstanding payments. Despite meeting two of three conditions to be considered a small company, the increase in creditors and a decrease in net assets could indicate some financial strain. The accounts are unaudited, and there’s no mention of an auditor, which is typical for companies of this size. It’s possible that the company is reinvesting in its business, but the increase in creditors should be monitored.

Registered in England/Wales under the registration number 12104415, with a registered address at SG1 4HB, England, Stevenage, 241 York Road.

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