Neat Products Limited

Neat Products Ltd from Keighley UK is a small, active company founded 23 years ago in 2002. With just one employee and £72,953 in assets, it’s a solo founder operation managed by two directors and one owner. The company is a regular exporter of optical and medical tools and devices, with six months of export activity recorded, the last in July 2024, but an irregular importer, with only one month of import activity noted in June 2022. It operates from a real address, and is registered as a private limited company.

The company's website showcases a range of gardening and storage solutions, with a strong focus on "Neat Grids"—modular plastic grids designed for driveways, garden paths, and sheds. The site offers free UK-wide delivery on orders over £1,000, a 30-day return policy, and even offers trade accounts. It’s clear the company is targeting both retail and commercial customers, with a focus on practicality and ease of use. They even offer a discount code, "WELCOME10," for first-time buyers.

Financially, Neat Products Ltd presents a mixed picture. While cash bank on hand increased by 13% to £21,000, debtors decreased significantly by 56% to £5,300, suggesting potential issues with customer payments. Creditors also decreased by 13% to £30,000, which is a positive sign. However, the company's retained earnings and accumulated losses decreased by 23%, which is a concern. Bank overdrafts decreased by 32%, which is good, but the increase in other creditors by 110% to £170 is something to watch. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 10 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s focus on recycled plastic and sustainable practices is a growing trend, and its Neat Grids offer a practical solution for a variety of applications. While the financial figures show some challenges, the company’s niche product offering and focus on customer service position it for continued success—though it’s important to monitor the trends in debtor and creditor balances.

Registered in England/Wales under the registration number 04385709, with a registered address at BD22 9BG, Keighley, West Yorkshire, The Old Chapel Halifax Road, Cross Roads.

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