Castle Industrial Supplies Ltd

Castle Industrial Supplies Ltd, based in Carnforth, UK, is a sizable company with an active status, having been established fifteen years ago in 2010. The company, which operates as a holding company, employs forty-four people and holds assets totaling £11,717,716. It’s led by five directors and has one owner, and boasts a real address at Unit 6 Oakwood Way, Carnforth Business Park. The company regularly imports and exports plastics and plastic products, with a long history of import activity (155 months) and recent export activity (3 months).

Castle Industrial Supplies Ltd’s core business revolves around packaging solutions, as evidenced by its website. It offers a wide range of products, from cardboard and containers to pallet wrap and protective products, catering to businesses looking to optimize their packaging processes. The company also provides services like branded packaging, inventory management, and packaging surveys, alongside expert advice on load stability. It seems like they are really focused on helping businesses improve their packaging efficiency.

Financially, Castle Industrial Supplies Ltd presents a mixed picture. While cash reserves increased significantly by 200% to £3,600,000, net assets also grew by 19% to £12,000,000, suggesting a healthy overall position. However, accrued liabilities and deferred income increased by 40% to £21,000, and director remuneration rose by 12% to £55,000. Trade debtors increased by 4.1% to £3,500,000, which could indicate challenges in collecting payments. The company’s size (meeting two of three criteria for a large company) and the absence of an auditor (likely exempt) means the figures are unaudited.

The company’s staff numbers increased by 16% to 51, which could be a sign of growth, but it also means increased wage expenses. The MHA audit firm is responsible for the audit. Overall, Castle Industrial Supplies Ltd appears to be a stable and growing company, though it will be important to monitor its debt levels and cash flow in the coming years.

Registered in England/Wales under the registration number 07207824, with a registered address at LA5 9FD, Carnforth, Lancashire, Unit 6 Oakwood Way, Carnforth Business Park.

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