Conveyor Bearings Limited

Conveyor Bearings Limited, based in Kingswinford, UK, is a small, active company founded four years ago. With three employees and £143,119 in assets, it’s a family-run business with three directors and two owners. The company operates in the manufacture of lifting and handling equipment industries. It's an irregular importer of machinery, boilers, and mechanical appliances; parts (1 months imported), and a regular exporter of the same (3 months exported).

The company’s website showcases a focus on conveyor bearings and related components, likely catering to industrial clients. While the site doesn't explicitly state whether it's an e-commerce platform, the product listings and technical specifications suggest a business-to-business model, likely selling directly to manufacturers or distributors. There's no obvious shopping cart or checkout process visible, indicating a potential focus on custom orders or bulk sales.

Financially, Conveyor Bearings Limited shows a mixed picture. Accumulated depreciation for plant and machinery increased by 39%, which suggests ongoing investment in equipment, but also a reduction in asset value. Cash bank on hand grew by 22%, a positive sign of improved liquidity. However, bank overdrafts decreased by 13%, and trade debtors increased by 99%, which could indicate delayed customer payments. Equity grew by 55%, a good sign, but net current assets liabilities increased by 110%, which is a concern. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). With no auditor mentioned, the figures are unaudited.

Overall, Conveyor Bearings Limited appears to be navigating a period of change. While cash flow has improved, the increase in trade debtors and net current liabilities suggests potential challenges in managing working capital. The company’s small size allows for flexibility, but sustained growth will depend on effectively managing its finances and maintaining strong customer relationships.

Registered in England/Wales under the registration number 13039676, with a registered address at DY6 9NT, England, Kingswinford, Portway House, Stream Road.

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