Pbn Associates Limited

Pbn Associates Ltd, based in Blackburn, UK, is a small, family-run business with an active status. Founded 23 years ago, the company employs five people and holds £95,246 in assets. It operates from a virtual address, registered with 79 other companies, and is managed by three directors and two owners. Pbn Associates regularly imports and exports treated or layered fabrics for industrial use—19 months of import activity and 9 months of export activity, with the latest export recorded in October 2022.

The company's website reveals it acts as an agent in the automotive, footwear, and upholstery industries, offering services like PBN Leather and PBN Reflective. It ships products worldwide and works with prestigious car companies, constantly developing new technological and environmental solutions. Its services include supplying Jaeger Tapes, Deserttex, and Toray Textiles, among others. The website also showcases partnerships and participation in automotive trade shows like Frankfurt and Geneva.

Financially, Pbn Associates Ltd shows a mixed picture. Current assets decreased by 25% to £95,000, while net assets plummeted 55% to just £3,900. Bank borrowings decreased significantly, falling 64%, and cash reserves remained steady at £1,800. Trade creditors increased by 21%, suggesting potential pressure on payment terms. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the substantial equity drop is a concern. No auditor is mentioned, meaning the financial statements are unaudited.

It seems Pbn Associates is navigating a period of change, with a focus on maintaining its established import/export operations while potentially facing challenges in building long-term financial stability.

Registered in England/Wales under the registration number 04218569, with a registered address at BB1 6AY, Blackburn, Lancashire, Mentor House, Ainsworth Street.

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