D R Baling Wire Manufacturers Limited

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D R Baling Wire Manufacturers Limited - overview

Established

1962

Location

Sheffield, England, UK

Primary Industry

Materials

About

D R Baling Wire Manufacturers Limited specializes in the production of baling wire, offering a comprehensive selection of high-quality products tailored for various industrial applications, including recycling and waste management. D R Baling Wire Manufacturers Limited, founded in 1962, manufactures baling wire with a focus on high-strength, reliable solutions. The company operates primarily from the UK and has expanded its offerings over the years to include both traditional and innovative wire products. The founder's history is not publicly detailed, and there are no records of mergers or subsidiaries associated with the company.


D R Baling Wire Ltd (DRB) specializes in the manufacture of baling wire, offering a diverse range of products including galvanised wire, black annealed wire, and innovative plastic wire options like Plasloc. Their core product offerings meet industry standards and address specific end-use cases, such as the demand for reliable, high-strength wire for baling operations across various sectors. Galvanised wire is commonly used in recycling and waste management, while black annealed wire is favored in situations where space is limited and waste generation is lower. The introduction of Plasloc demonstrates the company's commitment to sustainability, providing an environmentally friendly alternative to traditional materials.


DRB serves a wide client base, including manufacturers, waste management companies, and recycling facilities, primarily across the UK and extending to European markets. The revenue model of D R Baling Wire Ltd is structured around direct B2B transactions, primarily catering to businesses in the recycling, agricultural, and manufacturing sectors. Clients typically engage in bulk purchases of the company's flagship products, including various forms of baling wire available in cut or looped configurations, rewound coils, and specialized options tailored to customer specifications. Transactions are conducted on a negotiated basis, enabling flexibility in pricing that aligns with order volume and specific product types.


The pricing structure reflects the premium quality of the products, ensuring DRB delivers high-performance solutions that justify the investment for their clientele. This model allows the company to maintain strong relationships with its customers, fostering repeat business and loyalty within its market segments.


Primary Industry

Materials

Sub Industries

Materials, Steel & Metals

Website

www.drbalingwire.co.uk

Total Amount Raised

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D R Baling Wire Manufacturers Limited - timeline of key events

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D R Baling Wire Manufacturers Limited - financials

Fiscal Year EndedDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)10,918,598---
% Revenue Growth (YoY)----
EBITDA (USD)3,419,299---
Operating Income (USD)3,035,050---
Operating Margin27.8%---
% EBITDA Margin31.3%---
NET Income (USD)2,571,206---
% Net Margin23.5%---

D R Baling Wire Manufacturers Limited - employee data

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