Samco Products Limited

Samco Products Ltd, based in Rhyl, UK, is a small, active company celebrating its 50th anniversary this year. Founded in 1975, the business employs 14 people and holds £852,410 in assets. With a real address and three directors overseeing operations, it’s a well-established, family-run enterprise. The company operates an e-commerce site and has a solid 4.0 Google rating based on seven reviews. It’s an irregular importer, primarily dealing in footwear and related items, with its last import activity recorded over a year ago in October 2022.

The company’s website showcases a wide range of workwear, safety equipment, and corporate wear. From high-visibility clothing to safety boots and hand protection, Samco Products caters to various industries, including construction, healthcare, and hospitality. The site also offers custom embroidery and print services, alongside free UK delivery on orders over £50. It's clear they're aiming to be a one-stop shop for workwear essentials.

Financially, Samco Products Ltd presents a mixed picture. Cash bank holdings increased significantly by 91%, reaching £210,000, which is a positive sign. However, net assets grew by only 4.6%, reaching £550,000, suggesting that while the business is holding more cash, it isn't necessarily translating into substantial equity growth. Creditors increased by 6%, reaching £430,000, which could indicate increased purchasing activity or potentially, a reliance on credit. Interestingly, trade debtors remained stable, suggesting good payment collection. The company’s small size—meeting two of three conditions for being classified as small—helps it maintain agility, but the slight increase in liabilities warrants attention. No auditor is mentioned, which is common for small companies. Overall, Samco Products Ltd seems to be stable, but a little bit slow to grow.

Registered in England/Wales under the registration number 01199045, with a registered address at LL18 5JZ, Rhyl, Clwyd, Tir Llwyd Enterprise Park, Kinmel Bay.

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