Pugh & Sanders Limited

Pugh & Sanders Limited, based in Burton On Trent, UK, is a small holding company with an active status, celebrating 36 years in business. Employing 37 individuals and holding assets worth £2,141,148, the company operates from a real address and is overseen by three directors and one owner. It’s a regular importer of iron or steel products, with 47 months of import activity recorded, and an irregular exporter, with just one month of export activity in 2019.

The company’s website reveals a focus on fasteners, fixings, and kitting services for various industries, including rail, power generation, and maintenance overhaul. Pugh & Sanders positions itself as a trusted partner for both original equipment manufacturers and maintenance facilities, offering a comprehensive range of over 40,000 products and bespoke customer services like stock replenishment and supplier consolidation. The website highlights a reduction in suppliers for one client, from 89 to just one, resulting in a 32% cost saving.

Financially, Pugh & Sanders Limited shows a mixed picture. Current assets decreased by 13% to £2,100,000, while net assets remained stable at £760,000. Bank borrowings significantly reduced by 92%, dropping to £37,000, and cash reserves increased dramatically by 390%, reaching £130,000. Creditors, however, rose by 16%, reaching £1,400,000. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. Depreciation for motor vehicles increased by a whopping 94%, while depreciation for computer equipment decreased slightly. With no auditor mentioned, the financial statements are unaudited.

Overall, Pugh & Sanders Limited appears to be navigating a period of change. While asset values have fallen, the company’s cash position is strong, and it’s clearly focused on providing value-added services to its clients. The company’s long history and established reputation suggest a resilient business, but the rising creditors need to be watched closely.

Registered in England/Wales under the registration number 02287354, with a registered address at DE14 1DW, Burton On Trent, Staffordshire, 2 - 4 Mosley Business Park, Mosley Street.

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