Quality Bearings Online Ltd

Quality Bearings Online Ltd, based in Leeds, UK, is a small, holding company with an active status. Established thirteen years ago, it employs nineteen people and holds assets totaling £1,768,830. The company, with five directors and one owner, operates from a real address and regularly imports and exports machinery, boilers, and mechanical appliances, parts. It’s a regular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 216 months of imports. The last import operation was conducted on February 01, 2025. The company is a regular exporter, with its top export categories including Machinery, boilers, and mechanical appliances; parts, totaling 290 of months exports. The last export operation took place on February 01, 2025.

The company’s website showcases a vast range of bearings, lubricants, and related products from leading brands like SKF, Kluber, and Timken. It’s not a straightforward e-commerce site; instead, it functions as a comprehensive online catalog and resource for industrial buyers. Visitors can browse products by category, brand, or application, and the site offers detailed technical specifications and data sheets. There's a noticeable emphasis on maintenance tools and services, suggesting a focus on providing complete solutions for industrial clients. The website has a lot of brands listed, and it’s a lot of information to take in.

Financially, Quality Bearings Online Ltd presents a mixed picture. While net assets increased by a modest 13% to £780,000, cash reserves experienced a significant drop of 87%, plummeting to just £120,000. Bank borrowings, however, decreased by 46%, reaching £12,000. Trade debtors surged by 150%, indicating a potential issue with customer payments or a strategy to offer more credit. Creditors, on the other hand, decreased by 12%, suggesting improved 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 remain agile, but the sharp cash decline warrants attention. The company is exempt from audit, so the figures are unaudited.

The increase in bank borrowings, despite the decrease in cash reserves, could indicate investments in inventory or expansion efforts. The rise in trade debtors, however, suggests a need to monitor customer payment patterns closely. With a growing number of employees (22 reported, up from 19), the company may be facing increased operational costs. The company's management team appears stable, with no significant changes reported in the directors list, which is a good sign.

Registered in England/Wales under the registration number 07951080, with a registered address at LS12 6HJ, England, Leeds, Unit 2/3 Gelderd Park, 98 Gelderd Road.

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