Birmingham Tin Box Co.limited

Birmingham Tin Box Co. Ltd, a small holding company, has been active for 66 years, established in 1958. The company, based in Birmingham, boasts a Google rating of 5.0 from two reviews and holds £509,013 in assets. It’s a family-run business with one director and one owner, operating from a real address.

The company specializes in the manufacture and supply of empty tin cans, plastic pails, and buckets, catering to a range of industries. Its website showcases a wide selection of products, from cone top tins to lever lid tins, and even includes accessories like spring clips. They supply to the paint, chemical, commercial, office, and home markets, with a focus on quality and British craftsmanship. The website also highlights a history dating back to 1958, emphasizing its longevity and experience.

Financially, Birmingham Tin Box Co. Ltd has experienced a significant downturn. Current assets have plummeted by 74%, dropping to £510,000, while net assets have fallen by a staggering 99%, leaving only £280,000. Cash reserves have also taken a hit, decreasing by 93%, leaving just £120,000. Trade debtors have surged by an incredible 1900%, reaching £320,000, suggesting potential issues with customer payments. However, creditors have decreased by 87%, which could indicate improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the sharp decline in equity raises concerns. The company is exempt from an audit, so the financial statements are unaudited.

The dramatic shifts in financial figures, particularly the drop in cash reserves and the increase in trade debtors, suggest that the company is facing financial pressures. It’s possible that rising material costs or increased competition are impacting profitability, or perhaps the company has expanded credit terms to attract new customers. It is likely that the company is burning through cash.

Registered in England/Wales under the registration number 00607793, with a registered address at B19 3SN, 82 Cliveland Street, Birmingham.

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