Screenbond Limited

Screenbond Ltd from Baldock UK: a small, active company founded 44 years ago, employs nine people, and holds £164,850 in assets. It's a family business with one director and two owners, operating from a real address and regularly importing electrical machinery and equipment – nine months of imports were recorded, with the last operation in December 2021. The company is a small business, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Screenbond Ltd is a manufacturer of printed circuit boards (PCBs) in Hertfordshire. The company specializes in prototype and small batch production, alongside larger batch runs, serving customers nationally. With over 38 years of experience, it’s built a reputation for quality and customer service, offering services like PCB design, fabrication, and prototypes. The website highlights its expertise in specialist PCBs, offering options like same-day service and even 46-layer fabrication in five working days. The business also boasts a team of ten employees and a turnover of nearly £1 million annually.

Financially, Screenbond Ltd shows some concerning trends. Current assets have decreased by 22%, falling to £160,000, and net assets have dropped 15%, settling at £99,000. Bank borrowings have decreased by 17%, reaching £84,000, but cash reserves have plummeted 56%, leaving only £31,000. Creditors have also decreased by 11%, falling to £160,000, suggesting improved debt management. The company’s small size allows for agility, but the decline in equity is a cause for concern. No auditor is mentioned, likely due to the company’s exemption as a small entity. Other debtors have increased dramatically, 450%, which could be a positive sign of increased sales, but it needs to be monitored. It's a little bit worrying that the company is paying more in social security.

Registered in England/Wales under the registration number 01510164, with a registered address at SG7 6NG, Baldock, Hertfordshire, Unit 2 Baldock Industrial Estate, London Road.

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