D.r.p. Bearings & Transmission Limited

D.r.p. Bearings & Transmission Limited, based in Grimsby, UK, is a small, holding company with an active status, celebrating 41 years since its founding in 1983. The company employs seven people and holds £348,931 in assets. With three directors and three owners, it maintains a real registered address and boasts a stellar 5.0 Google rating from 17 reviews. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances; parts, with the last import operation recorded two months ago in December 2022.

The company’s website, DRP Bearings Transmission Ltd, positions itself as a local, independent supplier to both trade and the general public. It’s clear they are focused on sales, with a simple menu leading to product lines and contact details. The website also mentions a 2025 introduction, hinting at potential expansion or updates. The company operates within the non-specialised wholesale trade industries.

Financially, D.r.p. Bearings & Transmission Limited presents a mixed picture. Cash bank on hand declined by 16% to £110,000, while current assets increased slightly to £350,000. However, net assets decreased by 15% to £160,000, and trade debtors grew by 20% to £190,000—suggesting customers are taking longer to pay. Creditors also increased by 22% to £200,000. It's a small company, meeting two of three criteria for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). There is no auditor mentioned, likely due to its small size.

The company's financials show some pressure, but it’s likely a normal part of running a small business. The increase in trade debtors could be a temporary issue, and the company's strong Google rating suggests good customer relations. It’s clear they’re focused on maintaining a local presence and providing reliable service, though a closer eye on cash flow might be needed going forward.

Registered in England/Wales under the registration number 01758584, with a registered address at DN31 1SJ, Grimsby, N E Lincolnshire, Unit 1 Adam Smith Street, West Marsh Industrial Estate.

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