Douglas Storrie Labels Limited

Douglas Storrie Labels Ltd, based in St.Annes On Sea, UK, is a small, holding company with an active status, having operated for a remarkable 74 years. Founded in 1951, the company employs 16 people and holds £773,920 in assets. It’s a real address, managed by three directors and one owner, and consistently earns a 5.0 Google rating from five reviews. They are regular importers, specializing in machinery, boilers, and mechanical appliances, with recent activity recorded in November 2024.

The company operates in the manufacture of printed labels, offering a wide range of services including custom labels, flexographic printing, and digital label production. Their website highlights a focus on bespoke printed self-adhesive labels and tags, catering to industries like food, manufacturing, retail, and distribution. They utilize both a Xeikon 3030 digital printer and an Edale FL350 flexographic printer, emphasizing accurate colour reproduction and increased productivity. The website is very well presented and easy to navigate.

Financially, Douglas Storrie Labels Ltd shows some concerning trends. Cash bank holdings have decreased by 38% to £170,000, and net assets have fallen 12% to £450,000. While creditors have also decreased, the most significant change is a 16% drop in current assets to £770,000. The company’s average number of employees has also decreased by 12% to 14. The company is small, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). The significant drop in equity, coupled with increased borrowing, suggests the company may be burning through cash reserves. There’s no auditor mentioned, which is common for small companies. The company’s reliance on machinery imports could also be a vulnerability, given global supply chain fluctuations.

Registered in England/Wales under the registration number 00491524, with a registered address at FY8 2LA, St.Annes On Sea, Lancs, Tudor Works, Tudor Road.

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