Allen Glenold Limited

Allen Glenold Ltd from Market Harborough UK is a small holding company with an active status, established 42 years ago. The company employs eight people and holds £563,294 in assets, operating from a real address and managed by three directors and three owners. It runs an e-commerce site and maintains a Google rating of 4.0 based on six reviews, regularly importing paper and paperboard products over the last 25 months.

The company operates in the wholesale of other intermediate products industries, and is a holding company. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The business is a regular importer, with its top import category being Paper and Paperboard Products, totaling 25 months of imports. The last import operation was conducted on February 01, 2025.

Reviewing the financial data reveals a mixed picture. Current assets remained stable at £560,000, while net assets experienced a significant drop of 33%, settling at £82,000. Bank borrowings saw a dramatic increase of 680%, reaching £160,000, and cash reserves fell by 100%, leaving just £1. Creditors decreased by 28%, suggesting improved debt management. The company’s small size helps it stay agile, but the equity decline is a cause for concern. There is no auditor mentioned, likely due to the company’s exemption as a small business, so the figures are unaudited.

It appears Allen Glenold Ltd is navigating a period of financial adjustment. The drop in equity, combined with increased borrowing, suggests the company may be investing in its operations or facing increased costs. The stable asset base and improved creditor management offer some reassurance, but the company’s future success will depend on its ability to manage its debt and maintain its import activities.

Registered in England/Wales under the registration number 01702360, with a registered address at LE16 9EE, Market Harborough, Leicestershire, Glenold House, Crosby Road.

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