Healy Bearings International Limited

Healy Bearings International Ltd from Leicester UK: a small company with an active status, founded 45 years ago, employs ten people, and holds £515,892 in assets. It’s a real address, managed by four directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances, parts – with six months of import activity recorded, the last in January 2025 – and exports the same, boasting 112 months of export activity, the last in September 2024.

The company operates in the manufacture of other fabricated metal products, a niche sector. Its website, though not detailed, suggests a focus on bearings and related components. It’s a small company, meeting two of three conditions for classification: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company has been around for quite some time, and it’s clear that they’re established.

Looking at the financials, we see some interesting trends. Accumulated depreciation on furniture and fittings has increased slightly, while motor vehicle depreciation has decreased significantly. Cash bank on hand has improved by 4.2%, which is a positive sign. However, corporation tax payable has risen substantially, and trade debtors have increased considerably – by 82%. Equity has also increased, which is good, but it’s important to note that the company’s net assets liabilities have also increased. The company’s small size helps it remain flexible, but the increase in debt needs to be monitored. There’s no mention of an auditor, which is common for small companies.

Overall, Healy Bearings International Ltd appears to be a stable, long-standing business, but it’s facing some financial pressures. The increase in debt and corporation tax payable suggests that the company is burning through money, but the increase in cash bank on hand indicates that it has the resources to weather the storm. It will be interesting to see how the company performs in the coming years.

Registered in England/Wales under the registration number 01431065, with a registered address at LE4 8FZ, Leicester, 4 Earls Close, Thurmaston.

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