Smb Bearings Limited

SMB Bearings Limited, based in Carterton, UK, is a small, active company established 33 years ago. With a real address and a workforce of ten employees, the company holds assets valued at £6,665,869. Run by a single director and owner, Johnson Christopher, SMB Bearings specializes in the supply of miniature, stainless steel, plastic, and ceramic bearings. It's a regular importer and exporter, with a long history of dealing in machinery, boilers, and mechanical appliances, parts.

The company's website showcases a comprehensive range of bearings, catering to diverse industries from automotive and aerospace to food processing and vacuum applications. It even offers bearing relubrication services, a testament to its technical expertise. The site's focus is primarily on selling bearings online, with a wide selection available and detailed specifications provided.

Financially, SMB Bearings Limited appears to be in a stable position. Current assets have increased by 5.2% to £6,700,000, and net assets have grown by 6.8% to £6,400,000. Bank borrowings have decreased slightly, and cash reserves are healthy at £2,400,000. Trade debtors have decreased significantly, suggesting improved payment collection. Despite these positives, the company has seen a 70% decrease in recoverable value tax, which could indicate a change in tax strategy or unforeseen circumstances. 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. As a small company, it is exempt from an audit, and the financial statements are unaudited.

While the company’s financial performance looks good, the significant decrease in recoverable value tax warrants further investigation. Overall, SMB Bearings Limited seems to be a well-managed business with a strong foundation, but keeping an eye on these trends will be important going forward.

Registered in England/Wales under the registration number 02623650, with a registered address at OX18 1AD, England, Carterton, Oxfordshire, Unit 15 Ventura Business Park, Broadshires Way.

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