Polystrop Limited

  • Small
  • Holding
  • Active
  • 47 years
  • 22 employees
  • £588,699 (assets)
  • Real address
  • 2 directors
  • 1 owner
  • Regular importer
  • Regular exporter

Field of Operation

Other manufacturing n.e.c.
32990 20220 companies

Social media

Summary

Polystrop Ltd from Walsall UK: a small holding company with an active status, was founded 47 years ago in 1977. It employs 23 people and holds assets valued at £721,701. The company has a real address, is managed by two directors, and has one owner. It regularly imports special woven and decorative fabrics (8 months imported) and exports various textile products, sets, used clothing, and rags (3 months exported).

The company operates as a Nationwide Lifting Equipment Specialists, trading as Lifting Gear Supplies Ltd. With over 40 years of experience, it provides sales, servicing, design, installations, repairs, and testing of lifting gear. The website highlights a wide range of products, including cranes, slings, and material handling equipment, catering to both trade and retail customers. It also offers special items made to order and boasts a large quantity of items in stock. The company’s website clearly aims to be a one-stop shop for lifting and handling solutions.

Financially, Polystrop Ltd shows some interesting trends. Accumulated depreciation has decreased significantly, with a 100% reduction in leased assets and a 31% reduction in plant machinery. Bank borrowings have disappeared entirely, and cash reserves have surged by an impressive 1200%, reaching £190,000. Creditors have also increased by 29%, and net assets have risen by 120% to £150,000. The company’s small size (meeting two of three conditions for being considered small) helps it remain flexible. However, the increase in creditors suggests a potential need to manage debt carefully. The company’s financial statements were audited by Barnett Ravenscroft Limited Chartered Accountants. The company’s turnover is not specified, but it is likely to be below £10.2 million.

Registered in England/Wales under the registration number 01323404, with a registered address at WS2 7LZ, England, Walsall, Unit 4 Fryers Road.

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

Owners & PSC

  • 2 years
  • 75%+

Managers

  • 2 years
  • 4
Director
  • 2 years
  • 2
Director

Last reports

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Download the last confirmation report
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Last news

  1. Accounts for a small company made up to 2024-12-31
  2. Confirmation statement made on 2025-04-17 with no updates
  3. Accounts for a small company made up to 2023-12-31
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Importer profile by HS codes

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Last imported products

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Similar importers

Buy the list of 1970 UK B2B buyers of various textile products, sets, used clothing, and rags.
  • Company names
  • HS codes
  • Financial data
  • Officers and owners
*from 99$

Exporter profile by HS codes

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Last exported products

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Similar exporters

Buy the list of 867 UK B2B buyers of various textile products, sets, used clothing, and rags.
  • Company names
  • HS codes
  • Financial data
  • Officers and owners
*from 99$

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