Northern Balance Ltd

Northern Balance Ltd, based in Gateshead, UK, is a small holding company with an active status, celebrating 22 years in business. Employing 25 people and holding assets of £1,154,925, the company generates £2,433,664 in yearly revenue. With four directors and a single owner, and a solid 4.0 Google rating from seven reviews, it’s a well-regarded player in its sector. The company has a real address and regularly imports machinery, boilers, and mechanical appliances, with parts imported for nine months, the last operation in November 2024.

The company’s website reveals a focus on calibration, testing, and maintenance services for weighing equipment. Northern Balance positions itself as an independent partner, offering solutions for compliance, productivity, and performance across industries like chemicals, food & drinks, and life sciences. They provide services ranging from traceable calibrations to equipment hire and even refurbished balances. The website also highlights a commitment to best practice, with a newsletter sharing engineering tips and advice.

Financially, Northern Balance Ltd presents a mixed picture. While cash reserves increased by 39% to £350,000, administrative expenses grew by 8.2% to £1,600,000. Debtors decreased by 34% to £270,000, which could indicate improved collection efforts, but net assets decreased by 0.63% to £780,000. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the decrease in net assets warrants attention. The company’s auditor is Sadofskys, and the accounts were audited.

Overall, Northern Balance Ltd seems to be navigating a competitive market, relying on its expertise and independent status to serve its clients. The company’s focus on quality and customer service appears to be paying off, but the financial trends suggest a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 04635154, with a registered address at NE11 0TX, England, Gateshead, 3 Bamburgh Court, Team Valley Trading Estate.

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