Green & Carter Ltd

Green & Carter Ltd, based in Wellington, UK, is a small, active company founded 21 years ago. With just two employees and £188,240 in assets, it’s a modest operation run by two directors and a solo founder. The company operates from a virtual address, registered to 47 other businesses, which raises some questions. It imports toys, games, and sports equipment irregularly, with the last import recorded over two years ago in March 2020, and exports vehicles, parts, and accessories, also irregularly, with the last export in April 2020.

The company’s website reveals its core business: manufacturing and selling ram pumps—a niche technology dating back over 200 years. Green & Carter Ltd is a world leader in this field, boasting a history of innovation and a global customer base. The website highlights the pumps’ efficiency, durability, and reliance on renewable energy, positioning them as a sustainable solution for water pumping needs. It even has a showroom in Harrods, London.

Financially, Green & Carter Ltd’s recent performance presents a mixed picture. Current assets have fallen by 18% to £190,000, while net assets have increased slightly to £890,000. Bank borrowings have disappeared entirely, a positive sign, but cash reserves have plummeted 42% to £90,000. Creditors have also decreased, suggesting improved debt management. The company’s small size—meeting two of three criteria for being a small company—helps it remain flexible. With no auditor mentioned, the financial statements are unaudited.

The significant drop in cash reserves, however, warrants closer attention. While the company’s long-standing reputation and specialized product line offer stability, the financial data suggests it’s burning through cash faster than it’s generating it. The lack of employees, down to just one reported, may indicate a lean operation, but it could also reflect challenges in scaling the business.

Registered in England/Wales under the registration number 04835493, with a registered address at TA21 8SN, England, Wellington, Somerset, The Cleve, Mantle Street.

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