Potts Partnership Ltd

Potts Partnership Ltd, based in Swindon, UK, is a small, family-run business with an active status, celebrating 15 years since its founding. Employing 38 people and boasting assets of £2,403,779, the company operates from a real address and is overseen by three directors and two owners. It’s a regular importer of prepared or preserved plant-based foods (for six months) and a regular exporter of miscellaneous food products (for four months). The company’s website showcases a range of cooking sauces, gravies, stocks, and dessert sauces, sold through farm shops, delis, and online. They also have a website for 1066 pianos, which is interesting.

The company’s core business revolves around the production and sale of homemade-taste cooking sauces and related products, catering to both retail and wholesale customers. The website highlights a commitment to authentic ingredients and a growing network of stockists. The company also has a website for 1066 pianos, which is interesting.

A review of Potts Partnership Ltd’s financial data reveals a mixed picture. While cash reserves increased significantly by 11,000%, net assets surged 1300%, suggesting improved equity. However, deferred income decreased by 35%, and accrued liabilities dropped to 15,000. Bank borrowings were reduced by 2.2%, and trade debtors increased by 39%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the fluctuating liabilities suggest a need for careful cash flow management. With no auditor mentioned, the figures are unaudited.

Overall, Potts Partnership Ltd seems to be navigating a period of change. The growth in equity is encouraging, but the company needs to monitor its liabilities and ensure sustainable growth. The dual nature of the business—food products and piano restoration—presents both opportunities and challenges.

Registered in England/Wales under the registration number 06934795, with a registered address at SN25 5AZ, England, Swindon, Wiltshire, Rutland House Hargreaves Road, Groundwell Industrial Estate.

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