Chris Reynolds Pallets (n.w.) Ltd.

Chris Reynolds Pallets NW Ltd from Merseyside, UK, is a small, active company founded 29 years ago. Employing 35 people, the business holds £1,844,841 in assets and operates from a real address. With five directors and a solo founder, the company runs an e-commerce site and maintains a Google rating of 3.0 based on eight reviews. It’s a regular importer of wood and wood products, having imported for five months, with the last import operation occurring in October 2022.

The company's core business revolves around pallet supply, as evidenced by its name and online presence. While details about its specific services beyond pallet sales are limited, it appears to cater to businesses requiring wood-based products. The e-commerce site suggests a focus on online sales and customer accessibility.

Financially, Chris Reynolds Pallets NW Ltd shows some concerning trends. Accumulated depreciation has increased by 29%, indicating wear and tear on its equipment. Bank borrowings have surged by 250%, reaching £54,000, while cash reserves have fallen by 43% to £180,000. Creditors have also increased by 22%, suggesting a reliance on short-term financing. On a positive note, the company’s net assets remain at £1,200,000, and its turnover is under £10.2 million. The company’s average number of employees has increased by 23%, reaching 43. The company is audited by Xeinadin North West Limited.

Overall, Chris Reynolds Pallets NW Ltd appears to be facing some financial pressures, likely stemming from increased borrowing and declining cash reserves. However, its established presence, active e-commerce site, and relatively healthy asset base suggest it’s not in immediate crisis. The increase in employee numbers may indicate expansion or increased demand, but it also adds to operational costs.

Registered in England/Wales under the registration number 03188505, with a registered address at CH41 4LB, Merseyside, 368 Brook Street, Birkenhead.

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