B M Electrical Wholesale Limited

Bm Electrical Wholesale Limited, based in Belfast, UK, is a small, active company established 21 years ago. With 37 employees and £3,497,023 in assets, it operates from a virtual address, registered at Ormeau Road, and is overseen by three directors and a single owner. The company is a regular importer, specializing in electrical machinery and equipment, with recent activity recorded in January 2025.

The company’s website, salesbmelectricalwholesale.co.uk, reveals a business built on local service and independent operation. Founded in 1993, Bm Electrical Wholesale aimed to rival national wholesalers, providing a personal touch to electrical installation trades. It’s currently celebrating 25 years in business and has expanded to include four branches across Northern Ireland: Coleraine, Londonderry, Ballymena, and Belfast. The website also highlights involvement in community initiatives, including sponsoring a charity golf day and supporting a student in a business competition. A key aspect of the business is its Ebay shop, offering a convenient online sales channel.

Financially, Bm Electrical Wholesale Limited presents a mixed picture. Cash bank on hand has decreased by 31% to £340,000, while debtors have increased by 11% to £1,900,000. Creditors have also decreased by 33% to £110,000. Net assets have grown by 6.8% to £2,100,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decrease in cash reserves may indicate tighter cash flow management. The unaudited financial statements, prepared by Acorah Software Products, don’t mention an auditor, which is typical for companies of this size. It's worth noting that the company's net losses deepened, which is a concern.

Registered in Northern Ireland under the registration number NI047792, with a registered address at BT7 1SH, Belfast, Co Antrim, Ormeau House, 91-97 Ormeau Road.

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