Bus' Industrial Tools Limited

Bus Industrial Tools Ltd from Ipswich UK: small company, holding company, active status, founded 11 years ago, 7 employees, £1,203,445 assets, virtual address, 2 directors, 1 owner, google rating 5.0 based on 4 reviews. Irregular importer of basic metal tools and utensils (1 months imported).

Bus Industrial Tools Ltd operates as a wholesale distributor of industrial tools, equipment, and supplies, catering to a diverse range of industries. The company’s website showcases a comprehensive catalog, spanning from drive technology and sealing solutions to welding equipment and safety gear. It seems like they have a very large assortment, with many categories and subcategories. They also offer services like consultancy and equipment rental. The company’s presence online suggests a focus on serving professional users, with detailed product specifications and technical information readily available. It's clear they're trying to be a one-stop shop for industrial needs.

The company’s financial data reveals a mixed picture. While net assets increased by a solid 16% to £780,000, reflecting growth in retained earnings, other indicators point to potential challenges. Cash bank on hand increased by 32% to £92,000, which is a positive sign, but trade debtors rose significantly by 10%, suggesting slower customer payments. It’s also worth noting that other debtors jumped a staggering 290%, which could be a temporary fluctuation or a sign of increased risk. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increase in bank borrowings—a 2,400% jump—raises concerns about its ability to manage debt. The fact that no auditor is mentioned is not unusual for a small company.

Despite these concerns, Bus Industrial Tools Ltd maintains a strong online reputation, evidenced by its perfect 5.0 Google rating. The company's irregular import activity, with its top category being basic metal tools and utensils, suggests a focus on sourcing specific products to meet customer demand. The fact that they are a holding company, owned by Bus Real Estate Uk Ltd, could mean they are part of a larger group, potentially offering financial support and resources. It's also interesting that the company’s address is a virtual one, with thirteen companies registered at the same address—this is something to keep an eye on.

Registered in England/Wales under the registration number 08906685, with a registered address at IP1 1QJ, United Kingdom, Ipswich, Suffolk, Third Floor Connexions Building, 159 Princes Street.

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