Palltech Pallets Limited

Palltech Pallets Ltd from Widnes UK: a small, active company founded six years ago, employs fifteen people, and holds £1,707,725 in assets. With a real address and three directors, it’s a family-run operation led by a solo founder, boasting a stellar 5.0 Google rating from eleven reviews. The company is an irregular importer of wood and wood products, with just one month of imports recorded.

The company operates as a pallet supplier, buying and selling new and used pallets across North West UK and North Wales. Its website highlights a wide range of pallet options, from new wood and euro pallets to reconditioned and plastic varieties. It’s clear they cater to businesses needing pallet solutions, offering services like full pallet management and even custom-made pallets. They also have a blog with useful information about pallets.

Financially, Palltech Pallets Ltd shows some interesting trends. Cash bank on hand decreased by 8.1% to £1,100,000, while debtors increased significantly by 57% to £750,000. Creditors also rose by 32% to £850,000, which might indicate increased reliance on credit. Despite these shifts, net assets remained relatively stable at £1,100,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the financial information is unaudited. It’s a bit of a shame really.

Overall, Palltech Pallets Ltd seems to be holding its own in a competitive market. The increased debtors suggest they're expanding their business, but it will be important to manage those payments effectively.

Registered in England/Wales under the registration number 11399469, with a registered address at WA8 0SJ, United Kingdom, Widnes, 3 Johnsons Lane.

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