Palletower (g.b.) Limited

Palletower Gb Ltd, based in Sale, UK, is a large, holding company with an active status, having operated for 57 years. Employing 52 people and boasting assets of £24,648,165, it’s a significant player in its sector. The company, with three directors and one owner, runs an e-commerce site and maintains a 5.0 Google rating from seven reviews. Palletower regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 105 months of import activity and 41 months of export activity recorded.

The company's website showcases a wide range of storage and logistics equipment, including roll pallets, plastic boxes, stillages, and shopping trolleys. It offers both sales and rental options, catering to various industries such as retail, food distribution, warehousing, and postal services. Palletower also manufactures its own products, including plastic boxes and roll pallets, and even provides custom-designed storage solutions. The site highlights UK manufacturing, emphasizing sustainability and reduced carbon footprints.

Financially, Palletower Gb Ltd presents a mixed picture. While current assets increased by a modest 6.1% to £25 million, net assets grew by a more substantial 13% to £19 million. However, bank borrowings vanished entirely, a positive sign, but cash reserves also decreased by 10% to £2.5 million. Director remuneration fell by 5.6%, and creditors decreased by 9.7%, suggesting improved debt management. Despite a 30% increase in administrative expenses, the company’s overall financial health seems stable, though the sharp decrease in equity raises some questions. The company’s auditor is MHA, and the financial statements are audited.

The trends suggest Palletower is navigating a competitive market, focusing on efficiency and sustainability. The company’s strong online presence and diverse product range indicate a commitment to meeting customer needs, but the decrease in equity warrants further monitoring.

Registered in England/Wales under the registration number 00908180, with a registered address at M33 7BH, Sale, Cheshire, Pallet Centre Europe, Dane Road Industrial Estate.

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