Joseph Barrett & Sons Limited

Joseph Barrett & Sons Ltd, based in Co Tyrone, UK, is a small, active company founded 36 years ago. With 39 employees and £13,897,951 in assets, it's a well-established operation boasting a perfect 5.0 Google rating from three reviews. The company has three directors and one owner, operating from a real address and importing machinery, boilers, and mechanical appliances; parts, albeit irregularly, with the last import operation made on April 01, 2024.

The company's core business revolves around the manufacture of concrete products for construction purposes, ready-mixed concrete, and other articles of concrete, plaster, and cement. It operates from 128 Eglish Road, Dungannon, and its website, while not actively used for e-commerce, provides details on its services and products.

Financially, Joseph Barrett & Sons Ltd presents a mixed picture. While its net assets have declined significantly by 73% to £1.2 million, cash reserves have also fallen by 62% to £650,000. Bank borrowings have decreased by 24%, and trade debtors remain stable. The company’s small size (meeting two of three conditions for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the substantial drop in equity warrants attention. The company’s fixed assets have also decreased by 68%, which may be a result of recent investment or disposals. The lack of an auditor mentioned suggests the company is exempt as a small entity, relying on unaudited financial statements. Overall, Joseph Barrett & Sons Ltd appears to be navigating a period of change, with both challenges and opportunities ahead.

Registered in Northern Ireland under the registration number NI021951, with a registered address at BT70 1LB, Co Tyrone, 128 Eglish Road, Dungannon.

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