M & J Bowers Limited

M & J Bowers Limited, based in Crewkerne, UK, is a small, family-run business with an active status, having been established eighteen years ago. Employing twelve people, the company holds £499,202 in assets, though its registered address is likely a virtual one, shared by twenty-four other companies. Six directors and two owners (though the list isn’s exhaustive) manage the operation, which boasts a stellar 5.0 Google rating from thirty-seven reviews. The company is an irregular importer, specializing in machinery, boilers, and mechanical appliances, with the last import operation occurring one months ago.

The company’s website highlights its focus on confidential waste disposal and recycling, offering shredding services for businesses in the South West of England. Services include on-site and off-site shredding, document management, and hard drive media destruction, catering to sectors like legal, education, medical, and public services. The website also emphasizes its commitment to environmental responsibility, promoting paper and cardboard recycling. The company even has a partnership with Devon and Somerset Law Society, offering specialized services to its members.

Financially, M & J Bowers Limited presents a mixed picture. Cash bank on hand has decreased by 25% to £350,000, while current assets have also fallen by 20% to £500,000. However, creditors have significantly decreased by 32%, suggesting improved debt management. The company’s equity has increased by 3.7% to £810,000. A notable increase in provisions for liabilities, rising by 420%, may indicate a change in accounting practices or increased legal obligations. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the decline in cash reserves warrants attention. The unaudited financial statements, exempt from a full audit, rely on director-reported data. It’s worth noting that the company’s future minimum lease payments have decreased by 30%, which could be a positive sign for its long-term financial health.

Registered in England/Wales under the registration number 05872731, with a registered address at TA18 7HQ, Crewkerne, Somerset, Verulam House, 1 Cropmead.

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