Greenstik Materials Ltd

Greenstik Materials Ltd, based in Bridlington, UK, is a small, active company founded twelve years ago. With twelve employees and £1,046,840 in assets, it operates from a real address on Lancaster Road Industrial Estate. The business is led by three directors and owned by two individuals, boasting a stellar 5.0-star Google rating from eleven reviews. Greenstik is a regular importer, specializing in machinery, boilers, and mechanical appliances—parts, with 63 months of import activity recorded.

The company's website reveals it’s a supplier of reworked label stock and 3M cushion mount tape. It caters to the print and graphics trade, offering services like label slitting and rewinding, and even providing sign vinyl supplies through its sister site, Greenstik Materials. They’re a certified distributor of 3M Cushionmount products, supplying full logs and tailored rolls. The website highlights a focus on customer service, online ordering, and a commitment to environmental responsibility through the sale of reworked label stock. It's clear they're aiming to be a one-stop shop for pressure-sensitive label stock solutions.

Financially, Greenstik Materials Ltd presents a mixed picture. While current assets increased by 45% to £1,000,000, net assets rose only 17% to £400,000. Bank borrowings decreased by 5.2% to £11,000, and cash reserves fell 20% to £14,000. Creditors, however, surged by 62% to £720,000—a significant increase that could indicate expanded credit lines or delayed payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rise in creditors warrants closer scrutiny. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Greenstik Materials Ltd appears to be a stable, albeit potentially stretched, business. Its focus on niche products and customer service, combined with its online presence, positions it well in the competitive label stock market, but managing its creditors will be key to its long-term success.

Registered in England/Wales under the registration number 08154166, with a registered address at YO15 3QY, Bridlington, East Yorkshire, Unit 9 Lancaster Road, Carnaby Industrial Estate.

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