Swindon Bearings Limited

Swindon Bearings Ltd, based in Swindon, UK, is a small, active company founded thirteen years ago. With eight employees and £512,606 in assets, it’s a real business operating from a dedicated industrial park. The company, owned and founded by a single person, Gary Brown, has three directors, including Rebecca Fish and Alpa John Sangster, who recently changed. It runs an e-commerce site and boasts a stellar 5.0 Google rating from 49 reviews, indicating strong customer satisfaction. They regularly import machinery, boilers, and mechanical appliances, with the most recent import occurring in November 2024.

The company operates in the "other retail sale not in stores, stalls or markets" industry, providing industrial supplies. Their website highlights a comprehensive range of products and services, from abrasives and bearings to vending solutions and machining repairs. They emphasize a commitment to sourcing, importing, and providing vendor-managed inventory, demonstrating a focus on streamlining procurement for their clients. They also partner with industry associations like IADA and NMBS, further solidifying their position as a reliable supplier.

Financially, Swindon Bearings Ltd presents a mixed picture. While current assets increased by 32% to £510,000, equity rose significantly by 120% to £110,000, and bank borrowings decreased by 61% to £6,600, there are some concerning trends. Accrued liabilities dropped by a substantial 60%, and cash bank on hand plummeted 85% to £11,000. Trade debtors increased by a considerable 66%, potentially indicating difficulties in collecting payments. Despite the lack of an auditor mentioned (likely exempt as a small company), the figures suggest the company is growing, but needs to carefully manage its cash flow. The increase in other creditors by 680% is also something to watch.

Registered in England/Wales under the registration number 08019085, with a registered address at SN5 7FP, England, Swindon, Wiltshire, Unit 5 Glenmore Business Park, Westmead Industrial Estate.

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