Robert Sanderson & Sons Limited

Robert Sanderson & Sons Ltd, based in North Humberside, UK, is a small holding company with an active status, having been founded 51 years ago in 1973. The company employs 29 people and holds £2,337,173 in assets. With four directors and one owner, it maintains a real address and boasts a stellar 5.0 Google rating based on two reviews. It’s an irregular importer, primarily dealing with iron or steel products, with the last import operation occurring one month ago in June 2022.

The company’s website highlights its expertise in bulk storage solutions, including tanks, silos, and pressure vessels. They offer design, engineering, fabrication, build, and installation services, catering to various industries. They even offer bespoke production and a full consultancy service. Their website details a comprehensive range of services, from small fabrications to complete projects, emphasizing quality, customer care, and safety. The company’s workforce and facilities are described as offering a complete in-house service, with a large workshop and storage yard.

Financially, Robert Sanderson & Sons Ltd shows a mixed picture. While turnover remains undisclosed, current assets have decreased by 2.2% to £2,300,000. However, net assets have increased by 1.7% to £1,600,000. Bank borrowings have dropped significantly, falling by 100% to zero, and cash reserves have declined by 27% to £1,100,000. Creditors have increased substantially, rising by 110% to £910,000. 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 flexibility, but the increase in creditors is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's decline in cash reserves and the rise in creditors suggest it's burning through money a little faster than it's bringing it in. However, the increase in net assets suggests it’s still profitable overall, even if it’s not as liquid as it once was. It’s a situation that warrants monitoring, but it doesn’t necessarily indicate an immediate crisis.

Registered in England/Wales under the registration number 01124759, with a registered address at HU2 0AB, North Humberside, Cannon Street, Hull.

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