Consumables Solutions Limited

Consumables Solutions Ltd, based in Swindon, UK, is a sizable company operating as a holding entity with an active status. Established 31 years ago in November 1993, it employs 47 people and boasts assets totaling £5,825,431. The company generated £13,565,758 in revenue last year, and has a real address with four companies registered at the same location. Six directors and one owner oversee operations, and the company enjoys a stellar 5.0 Google rating based on 15 reviews. Consumables Solutions is a regular importer of footwear and related items (38 months) and a regular exporter of paper and paperboard products (26 months).

The company's website positions itself as a "workplace supplies superstore," offering a fully managed onsite solution with a dedicated onsite manager. This service utilizes their Ucount app for stock replenishment, providing a free, trained manager and consolidated monthly invoicing. They bring suppliers onsite to reduce costs and offer best-value products, and provide 24/7 access to business intelligence. Their vending machines maximize efficiency, and their online reporting suite provides real-time control over spending. They even offer a business intelligence suite for advanced supply management. The site highlights a focus on cost reduction and efficiency gains for businesses.

Financially, Consumables Solutions Ltd presents a mixed picture. While turnover increased by a healthy 12%, a significant drop in net assets—down 22% to £1.9 million—raises concerns. Bank borrowings increased substantially, reaching £73,000, while cash reserves decreased by 14% to £370,000. Creditors also increased by 9.8% to £5.1 million. The company's size (meeting two of three criteria for a large company) and the decrease in average employees (from 47 to 46) suggest a period of adjustment. The company’s auditor, Hopper Williams & Bell Limited, has issued an unqualified opinion, indicating that the financial statements give a true and fair view.

Overall, Consumables Solutions Ltd appears to be a well-established player in the workplace supplies market, but the decline in equity warrants further observation. The company’s focus on managed services and technology-driven efficiency suggests a strategy to maintain competitiveness, but the financial pressures indicate a need for careful management.

Registered in England/Wales under the registration number 02868176, with a registered address at SN3 5HS, England, Swindon, Unit 4 Ignition Faraday Road, Dorcan.

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