George Barnsdale & Sons Limited

George Barnsdale & Sons Limited, based in Spalding, UK, is a small, active company founded 35 years ago in 1990. With 75 employees and £2,206,816 in assets, it’s a well-established operation. The company boasts a 4.0 Google rating from 20 reviews, indicating a positive customer experience. It operates from a real address and is overseen by nine directors and one owner, with a recent change to the director list a month ago.

The company specializes in the manufacture of other builders' carpentry and joinery, and is a regular importer of machinery, boilers, and mechanical appliances; parts, with recent activity recorded as of November 2024. It’s a family business, with Wright Stephen Charles and Wright Helen Elizabeth among the directors.

Financially, George Barnsdale & Sons Limited shows some interesting trends. While net assets grew by 8%, reaching £960,000, cash reserves declined by 14% to £81,000. Bank borrowings increased by 7% to £68,000, and trade debtors rose significantly by 37%, suggesting a possible shift in payment terms or increased sales. Creditors also increased by 13%, which could be linked to the rise in debtors. Depreciation charges remained consistent. The company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million. As a small company, it is exempt from an audit, and the financial statements are unaudited. The company’s reliance on retained earnings, which grew by 8%, suggests a focus on reinvesting profits rather than distributing them as dividends.

Registered in England/Wales under the registration number 02487250, with a registered address at PE11 4TA, Spalding, Lincs, High Street, Donington.

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