Morris & Co. (handlers) Limited

Morris Handlers And Co Ltd from Doncaster UK: a large, active company established 49 years ago, employs 60 people, and holds £15,695,382 in assets with a yearly revenue of £46,308,161. It’s a family business with five directors and two owners, boasting a 3.0 Google rating from seven reviews. The company regularly imports machinery, boilers, and mechanical appliances; parts (27 months imported), and exports iron and steel (24 months exported).

Morris Handlers And Co Ltd is a sizable operation, meeting the criteria for a large company as it exceeded turnover of £36 million, had balance sheet totals above £18 million, and had more than 250 employees. The company operates in the other letting and operating of own or leased real estate, and the wholesale of waste and scrap industries. It’s a family-run business, and the company’s website showcases its commitment to recycling for the environment in the UK. The company offers a high-quality scrap metal recycling service, including collection, treatment, storage, and sale of recyclable metal waste, both domestically and internationally. Services include baling, hand sorting, weighbridge loading, and container loading.

The company’s financial health presents a mixed picture. While accrued liabilities decreased significantly, dropping by 82%, accumulated depreciation on leased assets rose considerably. Administrative expenses increased by 15%, and the company’s interest expense on bank loans jumped by a substantial 94%. However, bank borrowings over drafts decreased, and the company’s cash bank on hand dropped by 37%. Despite these challenges, the company’s revenue increased, and it managed to reduce its corporation tax payable.

The company’s assets are substantial, with property, plant, and equipment valued at over £13 million. However, net assets decreased, and the company’s net loss increased, suggesting that it’s burning through cash. The company’s trade debtors increased significantly, which could indicate difficulties in collecting payments. The company’s auditor is not mentioned, which is common for smaller companies. Overall, Morris Handlers And Co Ltd appears to be facing some financial pressures, but its size and established position in the recycling industry suggest it has the potential to weather the storm.

Registered in England/Wales under the registration number 01240380, with a registered address at DN4 8DE, England, Doncaster, The Water Tower J3 Business Park, Carr Hill, Balby.

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