Erico Pallets Limited
- Active
- Large
- Holding
- 6 years
- 0 employees
- £5,298,495 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Real address
- 4 directors
- 1 owner
- Alfreton
- Rating 4.0 (4)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
The directors list was changed 1 month ago, a good sign to sell them something.
Field of Operation
Website
Social media
Summary
Erico Pallets Limited, based in Andover, UK, is a holding company established five years ago in 2019. With eleven employees and assets totaling £5,371,395, the company operates from a real address and is overseen by four directors and one owner. A Google rating of 4.0 from four reviews suggests a generally positive customer experience. The company regularly imports basic metal tools and utensils, with the latest import occurring in October 2024, and exports machinery, boilers, and mechanical appliances—parts, with the last export in November 2022.
The company’s website highlights its focus on pallet management solutions, emphasizing sustainability and circularity. It positions itself as a partner for businesses seeking to optimize their supply chains through pallet reuse and recovery, boasting a network supporting over 2,000 customers and managing 12 million pallets annually. The website details services ranging from pallet supply and purchase to asset management and onsite services, all geared toward reducing costs, waste, and CO emissions.
However, a review of the company’s financial data reveals some concerning trends. While turnover remained stable at £5,371,395, net assets plummeted 430% to £4,500,000. Bank borrowings increased significantly by 2400%, reaching £29,000, and cash reserves decreased by 82% to just £820,000. Trade debtors increased by 36%, suggesting potential issues with customer payments, while creditors also rose by 14%. The sharp decline in equity, despite stable turnover, indicates a potential strain on the company's financial health. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.
The company’s reliance on a single owner, coupled with the recent surge in borrowings, warrants close monitoring. While Erico Pallets Limited’s commitment to sustainability and its extensive network are commendable, the financial data suggests a need for careful management to ensure long-term viability.
Registered in England/Wales under the registration number 12136812, with a registered address at DE55 7AS, England, Alfreton, Derbyshire, Unit 2 Swanwick Court.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Corporate
- 5 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 months
- 1
-
Resident of Sweden
-
Individual
- 4 months
- 1
-
Resident of Sweden
-
Individual
- 4 months
- 1
-
Resident of Sweden
-
Individual
- 6 years
-
Resident of Sweden
Last reports
The latest confirmation statement submitted twenty five days ago.
Last news
-
Confirmation statement made on 2026-02-11 with updatesDownload 5 pages pdf report
-
Director's details changed for Mr Timmy Rosdahl on 2026-02-23Download 2 pages pdf report
-
Director's details changed for Mr Alfred Carlén on 2026-02-23Download 2 pages pdf report
Erico Pallets Limited controls
Owns & Controls
-
Corporate
- 2 years
- 75%+
-
Resident of United Kingdom
-
Corporate
- 3 years
- 25%+
-
Resident of United Kingdom
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Erico Pallets Limited
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