Polstore Storage Systems Limited

Polstore Storage Systems Ltd, based in Guildford, UK, is a small, active company established 31 years ago. With seven employees and £257,837 in assets, it’s a well-established player in its niche. The company boasts a perfect 5.0 Google rating from ten reviews, a testament to its customer service. It’s owned and directed by Lucas-lucas Adam Welles, and has a real registered address. The business regularly imports furniture, lighting, and prefabricated buildings—a recent activity spanning three months, with the last import occurring in January 2024.

Polstore Storage Systems operates as agents involved in the sale of machinery, industrial equipment, ships, and aircraft. While a website isn’t available to analyze, the company’s core business seems to revolve around facilitating these sales. It’s a small company, meeting two of the three criteria for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Looking at the financials, Polstore Storage Systems shows a mixed picture. Cash reserves have taken a hit, dropping 53% to £38,000, and current assets have decreased by 44% to £260,000. However, creditors have also fallen significantly—a 50% drop to £220,000—suggesting improved debt management. Equity, however, has surged 500% to £15,000, a positive sign. Bank borrowings have also seen a reduction, falling by 16% to £29,000. The company’s net assets have increased by 70% to £65,000. These figures are unaudited, a common occurrence for small companies.

Overall, Polstore Storage Systems appears to be navigating a period of change. While cash flow has tightened, the reduction in liabilities and increase in equity suggest a degree of financial resilience. The company’s long-standing presence and positive customer reviews indicate a solid foundation, but keeping a close eye on cash reserves will be important going forward.

Registered in England/Wales under the registration number 02929567, with a registered address at GU3 3BH, England, Guildford, Surrey, Unit 10 The Pines Trading Estate, Broad Street.

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