Product Care Group Limited

Product Care Group Ltd, based in Wigan, UK, is a holding company with an active status, having been incorporated fourteen years ago in June 2010. Employing 213 people, the company holds £45,054 in assets and operates from a real address, with four directors and one owner overseeing its activities. The company has a Google rating of 2.0 based on 95 reviews. It regularly imports machinery, boilers, and mechanical appliances (parts for 24 months, last import September 2022) and exports electrical machinery and equipment (for 7 months, last export October 2021).

The company’s website, Product Care Group, simply states "You need to enable JavaScript to run this app." This suggests a basic online presence, likely focused on functionality rather than a visually appealing e-commerce experience. It’s difficult to determine if the company operates an e-commerce site directly, but its activities in importing and distributing products suggest a B2B focus, with potential for online order placement.

Financially, Product Care Group Ltd presents a mixed picture. While administrative expenses increased significantly by 22% to £14 million, profits also rose by 20% to £4.1 million. However, cash and cash equivalents dropped by a substantial 43% to £1.3 million, and net assets decreased by 66% to £280,000. Bank borrowings increased dramatically by 94% to £6.6 million, indicating a reliance on external financing. Creditors also decreased by 18%, which could suggest improved debt management. The company's staff costs increased by 24% to £9.9 million, reflecting its larger workforce. The lack of an auditor mentioned (likely exempt due to size) means the figures are unaudited.

Overall, Product Care Group Ltd appears to be growing, as evidenced by increased profits and staff costs. However, the significant increase in bank borrowings and decline in cash reserves raise concerns about its financial health. It’s possible that the company is investing heavily in expansion, but careful monitoring of its cash flow will be crucial. The directors, Hodson Richard Gareth Marriott, Graham-benson Scott, Cohring John, and Moore Lewis Conan, will need to manage these pressures effectively to ensure the company’s long-term stability.

Registered in England/Wales under the registration number 07272954, with a registered address at WN2 4AY, England, Wigan, Green Bank Business Park Swan Lane, Hindley Green.

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