Devon Valley Limited

Devon Valley Limited, based in Nottingham, UK, is a sizable holding company with an active status. Established 18 years ago, the company employs 53 individuals and holds assets totaling £9,810,629, generating a yearly revenue of £24,465,021. While it has a registered address, it’s likely a virtual one, as 49 companies share the same location. Four directors and one owner oversee operations, and the company maintains a respectable Google rating of 4.0 based on six reviews.

Devon Valley Limited specializes in the manufacture of paper and paperboard products. It regularly imports wood pulp or other plant-based fiber materials, with 62 months of import activity, and exports paper and paperboard products, with a substantial 144 months of export history. The company’s website details its focus on specialty papers for industrial and food markets, including coffee filter paper, overlay paper, and sausage casing. It even has a showroom in Harrods, London.

Financially, Devon Valley Limited’s recent performance presents a mixed picture. While turnover remained steady, net assets declined by 11%, and bank borrowings increased significantly by 580%. Cash reserves, however, saw a dramatic rise of 790%, reaching £450,000. Creditors also decreased, suggesting improved debt management. The company meets two of three criteria to be considered large, with turnover exceeding £36 million. The lack of a named auditor suggests that the company is exempt from a full audit.

The company's strong export history and rising cash reserves indicate a healthy core business, but the decrease in net assets warrants further investigation. The rise in bank borrowings could be a strategic move to fund expansion or a sign of tighter financial conditions. It's likely that Devon Valley Limited is navigating a competitive market while maintaining its reputation for quality and innovation.

Registered in England/Wales under the registration number 05856056, with a registered address at NG3 1DE, United Kingdom, Nottingham, Environment House, 1 St. Marks Street.

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