Pbsl Group Limited

PBSL Group Limited, based in Colchester, UK, is a sizable company with a strong presence in the building materials supply chain. Founded sixteen years ago in 2008, it’s a holding company employing sixty-nine people and boasting assets of £6.642 million and yearly revenue of £14.870 million. The company operates from a real address and is overseen by five directors and a single owner. It runs an e-commerce site and enjoys a 4.0 Google rating from twenty-six reviews. PBSL Group regularly imports and exports iron or steel products, with a long history of both activities.

The company’s website highlights its role as a supplier of building materials, with a focus on roofing, drainage, and specialist products. It owns several subsidiaries, including Bifoldsales Limited, Composite Sales Limited, Soakaways Limited, Bolts Online Limited, Cablestore Limited, and Danlett Holdings Limited. These subsidiaries appear to operate independently, each specializing in a particular segment of the building materials market. The company also has a history of owning other companies, some of which have been sold off.

Financially, PBSL Group Limited presents a mixed picture. While turnover remained steady at £15 million, net assets increased by 10% to £5.5 million. However, bank borrowings surged by 120%, reaching £250,000, and cash reserves decreased by 18% to £110,000. Creditors also increased by 10% to £2.8 million, suggesting a greater reliance on short-term financing. The company’s size (meeting two of three criteria for a large company) and the absence of an auditor (likely exempt) mean the figures are unaudited.

The increase in bank borrowings and creditors, alongside the decrease in cash, could indicate the company is investing in growth or managing cash flow challenges. However, the stable turnover and increasing net assets suggest underlying business health. The company's diverse portfolio of subsidiaries and its established presence in the building materials sector provide a solid foundation for future success.

Registered in England/Wales under the registration number 06612338, with a registered address at CO2 8LG, Colchester, Essex, Unit 1b Altbarn, Hawkins Road.

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