Ponsse Uk Limited

Ponsse UK Ltd, based in Glasgow, is a sizable company, operating as a holding company with an active status. Established 28 years ago in 1996, it employs 29 individuals and manages assets totaling £10,555,128, generating a yearly revenue of £24,707,138. While it has a registered address, sixty-seven companies share the same location, suggesting a virtual address. The company is overseen by four directors and has one owner. It boasts a perfect 5.0 Google rating based on 26 reviews.

Ponsse UK Ltd specializes in the import and export of machinery, boilers, and mechanical appliances, including parts. It regularly imports these items, with 515 months of import activity recorded, and exports them, with 196 months of export activity. The company's website highlights its commitment to providing "leading modern harvesting solutions for efficient logging," showcasing a range of products and services related to forestry equipment. It's clear that Ponsse UK Ltd is a key player in the forestry machinery sector, offering everything from new machines to used equipment, services, and spare parts.

Financially, Ponsse UK Ltd presents a mixed picture. While turnover remained consistent at £24,707,138, current assets decreased by 28% to £11,000,000. Bank borrowings increased by 25%, reaching £1,100,000, and cash reserves decreased by 15% to £310,000. Creditors increased by 25%, suggesting a need to manage debt. Despite these challenges, the company's strong revenue and assets indicate a solid foundation. The company meets two of three criteria to be considered a large company, with turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The lack of auditor information suggests that the company is exempt from auditing. It seems that the company is doing well, but the decrease in cash reserves is something to keep an eye on.

Registered in Scotland under the registration number SC165729, with a registered address at G2 1AL, Glasgow, 1 George Square.

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