J.m. Bearings Limited

J.M. Bearings Ltd, based in St Neots, UK, is a small, active company founded 21 years ago. With six employees and £616,259 in assets, it’s a well-established business with a real address and three directors overseeing operations, though it’s a solo founder at the helm. The company boasts a stellar 5.0 Google rating from two reviews, a testament to its customer service. It’s a regular importer of machinery, boilers, and mechanical appliances, with parts imported for the last four months.

The company’s website clearly positions J.M. Bearings Ltd as a supplier of bearings, transmission items, and engineering supplies. Serving agricultural, manufacturing, engineering, and mechanical industries, it offers a wide range of products and prides itself on competitive pricing and expert advice. It’s been operating for over 30 years, serving businesses in Cambridgeshire and Bedfordshire. The website also highlights a commitment to quality bearings, same-day dispatch, and a friendly, experienced team.

Financially, J.M. Bearings Ltd shows a mixed picture. Current assets have increased by 20% to £620,000, while net assets have grown by 17% to £470,000. Trade debtors have increased by 21%, suggesting a growth in sales, and creditors have also risen by 16%. Bank borrowings have decreased by 37%, a positive sign. The company’s small size (meeting two of three conditions for a small company) allows for agility. Cash reserves have increased by 13% to £320,000. The company is exempt from an audit as a small company.

Overall, J.M. Bearings Ltd appears to be a financially stable business, though the increase in debtors may warrant closer monitoring. The company’s long-standing presence and positive online reviews suggest a strong reputation within its niche market.

Registered in England/Wales under the registration number 04991172, with a registered address at PE19 8GN, St Neots, Cambridgeshire, 29 Bushmead Road, Eaton Socon.

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