Delta Bearing Services Ltd

Delta Bearing Services Ltd, based in Nelson, UK, is a small, active company founded 14 years ago. With 10 employees and £461,187 in assets, it's a well-established player in its field. The company, led by two directors and one owner, maintains a real address and boasts a perfect 5.0 Google rating from a single review. It’s a regular importer, primarily bringing in machinery, boilers, and mechanical appliances—parts, with 9 months of import activity recorded.

The company operates within the other engineering activities industries, specializing in bearing sales and services. While a website isn’s available, this suggests a focus on direct sales and service rather than extensive online retail. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Delta Bearing Services Ltd presents a mixed picture. Current assets increased by 6.6% to £460,000, while net assets decreased by 2% to £290,000. Bank borrowings have increased by 28% to £100,000, and cash reserves fell 94% to £5,300. Creditors have risen significantly by 47% to £280,000, and trade debtors have increased by 47% to £310,000. The sharp decline in cash reserves is a concern, suggesting potential cash flow issues, although the increase in trade debtors could indicate delayed customer payments. The company’s small size helps it stay nimble, but the equity decline warrants closer attention. No auditor is mentioned, likely due to exemption as a small company, so the figures are unaudited.

Overall, Delta Bearing Services Ltd appears to be a stable, albeit potentially stretched, business. The company’s long-standing presence and positive Google rating suggest a strong reputation, but the financial pressures will need to be addressed to ensure long-term sustainability.

Registered in England/Wales under the registration number 07447821, with a registered address at BB9 5SS, Nelson, Lancashire, 3 Simmonds Way, Lomeshaye Industrial Estate.

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