H.geddes & Sons Limited

H. Geddes & Sons Limited, based in Walsall, UK, is a small, active company with a long history, having been founded 76 years ago in 1948. The business employs around 40 people and holds £1.297 million in assets. With three directors and a single owner, it maintains a real address and boasts a stellar 5.0-star Google rating based on three reviews. The company is a regular exporter of toys, games, and sports equipment (3 months), but an irregular importer of paper and paperboard products (2 months).

The company’s website, Geddes Packaging, focuses on providing cardboard and timber packaging solutions. It offers a range of corrugated cardboard products, timber products, and on-site packing services. The site also highlights export packing, box styles, and helpful information like FEFCO guidelines and ISPM15 regulations. It's clear that the business caters to a B2B market, providing custom packaging solutions rather than direct-to-consumer sales.

Financially, H. Geddes & Sons Limited shows a mixed picture. Current assets have decreased by 5.3% to £1.3 million, while net assets have fallen 19% to £490,000. Bank borrowings have decreased by 14%, reaching £560,000, and cash reserves have dropped by 290% to -£77,000. Trade creditors have increased by 15% to £610,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, and the financial statements are unaudited. The increase in trade debtors suggests a possible issue with customer payments, but the decrease in bank borrowings is a positive sign. Overall, the company seems to be navigating a period of financial pressure, but its established market position and range of services should help it weather the storm.

Registered in England/Wales under the registration number 00458436, with a registered address at WS9 0DH, England, Walsall, West Midlands, Geddes Packaging, Dumblederry Lane.

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