Busbar Solutions Ltd

Busbar Solutions Ltd from Bristol UK: small company, active status, founded 3 years ago, 1 employee, £319,034 assets, virtual address, 1 director, 1 owner, solo founder. Regular importer of electrical machinery and equipment (29 months imported). Busbar Solutions Ltd operates within the manufacture of electricity distribution and control apparatus industries, providing busbar and switchgear installation services across the UK. The company, established in 2022, is a small entity, meeting two of the three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It's led by a single director and owner, Jeremy Shipp, who also serves as the sole employee.

The company’s website details a broad range of services, including busbar installation, switchgear installation, high voltage solutions, site surveys, inspection and maintenance, and busbar test services. They’re actively involved in projects for a diverse clientele, from airports and automotive plants to banks, government buildings, hospitals, and even luxury hotels. A recent article on their website celebrates their 20th anniversary, though this seems to be a typo and likely refers to a sister company or related venture.

Financially, Busbar Solutions Ltd presents a mixed picture. While cash bank on hand has significantly increased by 170% to £87,000, current assets have also jumped by 230% to £320,000. However, creditors have ballooned by 410% to £260,000, and trade debtors have risen by 270% to £230,000. Equity has increased slightly by 27% to £57,000. The company's reliance on a virtual address, shared by 844 other companies, is a potential red flag, but it's common for small businesses. The lack of an auditor mentioned in the financial data suggests the company is exempt from an audit due to its size. The increase in creditors and debtors could be a sign of growth, but it’s important to monitor these trends closely.

Registered in England/Wales under the registration number 13935084, with a registered address at BS9 3BY, England, Bristol, The Bristol Office, 2nd Floor 5 High Street, Westbury On Trym.

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