Junction 4 Pallets Limited

Junction 4 Pallets Limited is a large, holding company based in South Yorkshire, UK, with an active trading status. Founded eighteen years ago in 2006, the company employs 146 people and holds £8,087,949 in assets. It operates from a real address and is managed by five directors, with one reported owner. The company regularly imports wood and wood products, with 61 months of import activity recorded.

The company’s website paints a picture of a total pallet service provider, manufacturing and reconditioning pallets for a wide range of industries. They boast a yearly production of 4 million new pallets and recondition 3.7 million used pallets, emphasizing a commitment to sustainability through recycling and repurposing. The company invests heavily in cutting-edge technology and staff training to maintain high-quality products. They also offer a variety of services, including pallet accessories, kiln drying, and bespoke pallet design, and have a large transport network to deliver products across the UK and Ireland. Recent news highlights include investments in new transport equipment and donations to local community groups.

Financially, Junction 4 Pallets Limited shows some concerning trends. While cash reserves increased by 46% to £570,000, current assets dropped by 19% to £8,100,000. Bank borrowings surged by 94% to £1,600,000, and net assets decreased by 10% to £2,900,000. Creditors decreased by 30%, suggesting better debt management, but the increase in borrowings and decrease in assets raises questions. Director remuneration increased by a large 120%, and the company reported a decrease in net loss from £3.3 million to £3.2 million. The company’s size (meeting two of three criteria for a large company) suggests it’s operating at a scale that requires careful financial management. The audit firm, Azets Audit Services Limited, conducted the audit, and Matthew Grant served as the senior statutory auditor.

Overall, Junction 4 Pallets Limited appears to be a well-established company with a strong focus on sustainability and customer service, but its recent financial performance suggests it's facing challenges and burning through cash.

Registered in England/Wales under the registration number 05938359, with a registered address at DN3 3EA, South Yorkshire, West Moor Farm, West Moor Lane, Doncaster.

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