Adco Products Limited

Adco Products Ltd, based in Warrington, UK, is a small holding company with an active status, established 21 years ago. Employing 61 people and holding assets of £1,186,846, it operates from a virtual address—a point to note as 167 companies share the same address. The company is overseen by five directors and has one owner, Woodpecker Ltd. Adco Products is a regular importer of machinery, boilers, and mechanical appliances; parts, with 38 months of import activity, and a regular exporter of paper and paperboard products, with 5 months of export activity.

The company’s website showcases a wide range of products, primarily focused on promotional paper items and branded packaging. It operates several distinct product lines, including Smart Pads, Wiro Smart, Enviro Smart, and Smart Calendars. These products cater to businesses seeking to enhance their brand visibility and provide useful office supplies. The website also features a dedicated section for branded packaging solutions, including corrugated boxes, premium boxes, and creative card packaging. It’s clear that Adco Products is focused on e-commerce, offering a comprehensive online catalog and facilitating direct sales to customers. The site’s design is functional, with clear product categories and detailed specifications.

Financially, Adco Products Ltd presents a mixed picture. While cash bank on hand increased by a significant 41% to £170,000, current assets have decreased by 6.3% to £1,200,000. Debtor levels have fallen by 12%, which is a positive sign, but creditors have also decreased, suggesting a need for more cashflow. Net assets have dropped by 21%, to -£800,000, which is a considerable decline. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in equity raises concerns. The company is exempt from an audit, so the figures are unaudited.

The company's increased number of employees, rising 11% to 68, could indicate expansion, but it also means higher operating costs. It's likely the company is facing challenges in balancing growth with profitability. The reliance on a virtual address, while potentially cost-effective, could also raise questions about the company’s long-term stability.

Registered in England/Wales under the registration number 04926986, with a registered address at WA4 2QL, England, Warrington, Cheshire, 207 Knutsford Road Grappenhall.

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