360 Rope Solutions Ltd

360 Rope Solutions Ltd is a small, active company based in Shipley, UK, founded sixteen years ago in 2009. With two employees and £74,206 in assets, it operates from a real address at 69 George Street, Shipley, and is led by a single director and owner, Pallatt James. The company’s status is active. It’s a solo founder operation. It’s an irregular importer, with its top import category being Iron or Steel Products, totaling 1 months of imports. The last import operation was conducted on November 01, 2023. The company operates in the other specialised construction activities n.e.c. industries.

The company’s website is currently unavailable, so it’s difficult to ascertain the full extent of its operations beyond the import activity and industry classification. It's likely the company focuses on supplying rope-related equipment or services to the construction sector, given its name.

Financially, 360 Rope Solutions Ltd presents a mixed picture. Cash reserves increased by 61%, reaching £49,000, which is positive. However, creditors increased significantly, with those due within a year rising by 86% to £42,000. Trade debtors decreased by 49%, which might suggest better collection practices, but also potentially reduced sales. 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 stay agile, but the increase in creditors is something to watch. Accumulated depreciation increased by 75%, which is a sign of investment in equipment, and the company’s fixed assets decreased by 25%. With no auditor mentioned, the figures rely on unaudited statements.

The company’s solo founder status and small team suggest a lean operation, but the financial data indicates a need to carefully manage cash flow and debt.

Registered in England/Wales under the registration number 06909413, with a registered address at BD18 4LP, Shipley, West Yorkshire, 69 George Street.

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