Principal Building Products Limited

Principal Building Products Ltd, based in Rotherham, UK, is a sizable, active company established 32 years ago. Employing 33 people, it boasts assets of £5,544,895 and generates an impressive £16,567,032 in yearly revenue. It’s a family business with two directors and two owners at the helm, and enjoys a perfect 5.0 Google rating from five reviews. The company regularly imports iron or steel products (134 months) and exports plastics and plastic products (23 months).

The company operates in the non-specialised wholesale trade industries. Its website, while not providing detailed e-commerce functionality, suggests a focus on building materials and construction products. It's a well-established player, with a real address and a history spanning over three decades.

Financially, Principal Building Products Ltd shows a mixed picture. While turnover increased by a healthy 10%, net assets decreased by 11%, indicating a potential shift in equity. Bank borrowings surged by 160%, reaching £64,000, which could be linked to increased inventory or expansion plans. Creditors also increased by 86%, which might suggest a need to manage short-term liabilities more closely. Cash bank on hand, however, increased by 59%, providing some financial breathing room. The company meets two of three criteria to be considered a large company: turnover more than £36 million and balance sheet total more than £18 million.

The company's consistent import and export activity suggests a stable supply chain and a demand for its products. The lack of auditor information, likely due to its size, means these figures are unaudited. Overall, Principal Building Products Ltd appears to be a solid, family-run business navigating the challenges of a competitive market, although the increase in debt warrants close monitoring.

Registered in England/Wales under the registration number 02733893, with a registered address at S61 4RJ, England, Rotherham, Barbot Hall Industrial Estate Mangham Road, Greasbrough.

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