{"name":"M. BILLINGHAM & CO. LIMITED","company_number":"01714494","status":"Active","type":"Private Limited Company","incorporated":"1983-04-13","dissolved":null,"registered_office":"City Estate, Corngreaves Road, Cradley Heath, West Midlands, B64 7EP","postcode":"B64 7EP","sic_codes":[{"code":15120,"description":"Manufacture of luggage, handbags and the like, saddlery and harness"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":40,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","net_assets":1018389,"cash":129852,"average_employees":40},{"financial_date":"2024-12-31","net_assets":1018599,"cash":82795,"average_employees":44},{"financial_date":"2023-12-31","net_assets":1073636,"cash":252969,"average_employees":43},{"financial_date":"2022-12-31","net_assets":1100730,"cash":302549},{"financial_date":"2021-12-31","net_assets":1059913,"cash":288753}],"officers":{"current":6,"resigned":4,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":3,"outstanding":3},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"M. Billingham & Co. Limited is a long-established premium manufacturer with a solid asset base of £1M+ net assets and minimal leverage, but the credit profile is marred by a severe 73% cash decline over two years (to £82,795), declining retained earnings suggesting trading losses, and a heavy inventory weighting at 61% of total assets. The dramatic unexplained asset contraction between 2018-2019 and the deteriorating cash conversion warrant caution. Credit facilities should only be extended conditionally upon receipt of full management accounts, satisfactory explanation of the cash trajectory, and appropriate covenant protection including minimum cash thresholds.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/m-billingham-co","people":"https://www.companiesintheuk.co.uk/company/m-billingham-co/people","filing_history":"https://www.companiesintheuk.co.uk/company/m-billingham-co/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/01714494","financials":"https://www.companiesintheuk.co.uk/company/m-billingham-co/financial","control":"https://www.companiesintheuk.co.uk/company/m-billingham-co/control","charges":"https://www.companiesintheuk.co.uk/company/m-billingham-co/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/m-billingham-co/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/m-billingham-co"}