Industrial Pallet And Transport Services Limited

Industrial Pallet And Transport Services Ltd from Harworth UK: small company, active status, founded 29 years ago, 23 employees, £4,466,072 assets, real address, 3 directors, 2 owners, family business, google rating 4.0 based on 11 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (10 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials industries.

Industrial Pallet and Transport Services Ltd is a family-run business based in Harworth, Nottinghamshire, with a second site in Ferrybridge, Yorkshire. Established in 1992, the company specialises in pallet manufacturing, repair, and transport services. Its website highlights a wide range of services, including new pallet production, heat treatment, and biomass solutions. They even offer pallet repair and a next-day delivery collection service. The company’s website shows they also have a large plant allowing them to hold large quantities of stock. It's clear they cater to a variety of clients, including blue-chip companies, and run a diverse fleet of trailers to meet their specific needs.

Financially, the company's recent performance presents a mixed picture. While cash bank holdings remained relatively stable at £2.2 million, current assets have fallen by 11% to £4.5 million. Debtor levels have also decreased significantly, dropping by 10% to £1.7 million. However, there's been a notable increase in specific advances to directors, rising by 42% to £260,000, and a substantial jump in other creditors, up 83% to £140,000. The company’s dividends paid remained constant at £290,000. The decrease in total inventories by 37% to £620,000 is also worth noting. The company’s small size helps it stay agile, but the changes in debt and equity suggest a need for careful financial management. No auditor is mentioned, which is typical for small companies.

Registered in England/Wales under the registration number 03148044, with a registered address at DN11 8SP, United Kingdom, Harworth, Doncaster, The Offices Glassworks Way, Snape Lane.

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