Midland Ladder Co. Limited

Midland Ladder Co. Limited, based in Dudley, UK, is a small, family-run holding company with an active status. Established 34 years ago in 1991, the company employs just three people and holds £429,814 in assets. It operates from a real address within an industrial park and is overseen by one director and three owners. Google reviews rate it 4.0 based on 14 ratings, and it's an irregular importer of iron or steel products, with the last import activity recorded over two years ago.

The company's website showcases a wide range of ladders, including step ladders, loft ladders, work platforms, and scaffold towers, catering to both professional and industrial clients. It sells directly to customers through its online store, offering brands like LFI, Werner, and Chase. The site also features a blog, standards explained, and delivery options, indicating a focus on customer service and industry expertise. It seems to be a primarily ecommerce business, with no physical storefront mentioned.

Financially, Midland Ladder Co. Limited presents a mixed picture. While current assets increased slightly to £430,000, net assets remained steady at £260,000. Bank borrowings decreased by 14%, to £10,000, and cash reserves fell by 23%, to £220,000. Trade debtors increased significantly, by 64%, to £210,000, suggesting a possible shift in payment terms or increased sales on credit. Creditors also decreased by 36%, to £88,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain agility, but the increase in debtors should be monitored. The accounts are unaudited, likely due to its status as a small company. It’s clear that the company is holding steady, but the increase in debtors should be monitored.

Registered in England/Wales under the registration number 02594853, with a registered address at DY2 0BE, England, Dudley, West Midlands, Block 8 Grazewood Industrial Park, Hulbert Drive.

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