Derby Bearings Limited

Derby Bearings Ltd is a small, active company founded 42 years ago in 1982, holding £425,558 in assets. With a real address in Derby, it’s run by two directors and a single owner. The company employs seven people and operates as a holding company, regularly importing machinery, boilers, and mechanical appliances – parts, with 20 months of import activity recorded as of February 2025. It exports these same items, but irregularly, with just one month of export activity noted in July 2024. The company operates in the wholesale of other machinery and equipment industries.

The company's website, infoderbybearings.co.uk, showcases a vast bearing range and transmission drives, positioning Derby Bearings as a supplier of quality bearings at competitive prices. It highlights a massive warehouse stock, catering to business, trade, and the public. The site details a wide range of products, including ball, roller, and needle bearings, alongside transmission items, lubricants, and tools, even supplying Silverline Tools. The website clearly indicates a focus on retail sales and customer service, with a contact form and a copyright notice dating back to 2025.

Financially, Derby Bearings Ltd presents a mixed picture. Current assets have decreased by 3.6% to £430,000, while net assets have increased by 18% to £52,000. Bank borrowings have significantly reduced by 25% to £50,000, and cash reserves have fallen by 6% to £40,000. Creditors have decreased by 1.9% to £430,000. 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. The average number of employees has increased by 14% to eight. Although the company is not required to have an audit, the figures are unaudited.

The decrease in bank borrowings and creditors suggests improved financial management, but the reduction in cash reserves warrants attention. The increase in net assets is a positive sign, but the company should monitor its cash flow closely to ensure long-term stability.

Registered in England/Wales under the registration number 01644827, with a registered address at DE1 2PZ, 20 Siddals Rd, Derby.

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