M. Barnwell Services Limited

Barnwell Fluid Solutions Ltd, based in Smethwick, UK, is a well-established company with a strong trading status. Founded nearly half a century ago in 1975, it employs 88 people and boasts assets of £11,943,669. The company, with four directors and one owner, maintains a real address and enjoys a stellar 5.0 Google rating based on 13 reviews. Barnwell Fluid Solutions specializes in the wholesale of fluid sealing products and services, importing and exporting machinery, boilers, and mechanical appliances parts regularly—192 months of import and 150 months of export activity recorded.

The company’s website highlights its expertise in fluid sealing solutions, serving industries like automotive, agriculture, and compressor pump valves. It offers a wide range of products, including O-rings, seals, and gaskets, alongside value-added services like kitting, assembly, and technical CAD drawings. The company's website also mentions a partnership with the worlds leading OEMs. The website is very informative and well-designed.

Financially, Barnwell Fluid Solutions appears stable, but with some concerning trends. Cash and cash equivalents increased significantly by 34%, reaching £5,100,000, and total assets grew by 12%, hitting £12,000,000. However, net assets only increased by 14%, reaching £11,000,000, suggesting a rise in liabilities. Administrative expenses increased by 7.7%, to £5,900,000, and director remuneration jumped by 37%, reaching £980,000. The company’s bank borrowings decreased slightly, and creditors decreased by 2.1%. The company’s small size (meeting two of three criteria for turnover over £36 million, assets over £18 million, and over 250 employees) helps it stay competitive. The company’s financial statements were audited by JW Hinks LLP.

Overall, Barnwell Fluid Solutions seems to be a healthy and well-managed company. The increase in administrative expenses and director remuneration are worth monitoring, but the company’s strong asset base and growing cash reserves suggest it is well-positioned for continued success.

Registered in England/Wales under the registration number 01223957, with a registered address at B67 5AS, West Midlands, Reginald Road, Smethwick.

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