Oxford Bearings Limited

Oxford Bearings Limited, based in Chipping Norton, UK, is a small holding company with an active status, celebrating 30 years in business. Founded in 1994, the company employs 32 people and holds assets valued at £9,163,278. It operates from a real address and is overseen by three directors and one owner. Oxford Bearings regularly imports machinery, boilers, and mechanical appliances – parts, with 89 months of import activity recorded, and exports rubber and rubber products, with 22 months of export activity. The company’s core business involves the other retail sale of new goods in specialised stores, and it's a private limited company registered in England/Wales.

While the company's website is not available, its financial data paints a mixed picture. Current assets increased by 4.3% to £9,200,000, while net assets grew by 6.9% to £8,900,000. Bank borrowings decreased by 5.4%, reaching £5,000,000, and cash reserves increased by 23.0% to £3,500,000. Creditors decreased by 22.0%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decrease in trade debtors by 8.3% raises questions. The company is entitled to exemption from audit under Section 477 of the Companies Act 2006.

The company’s financial statements are prepared in accordance with Financial Reporting Standard 102 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006.

Registered in England/Wales under the registration number 02954355, with a registered address at OX7 5LS, Chipping Norton, Oxfordshire, Finsbury House, New Street.

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