Samuel Grant (north East) Limited

Samuel Grant North East Ltd from Jarrow UK: a small holding company with an active status, was founded 40 years ago and employs 17 people. The company holds assets worth £2,653,074 and has a real address, managed by five directors and one owner, boasting a stellar 5.0 Google rating from just three reviews. It's a regular importer of plastics and plastic products, with 23 months of import activity recorded.

The company operates as a wholesale supplier of packaging materials, with a strong emphasis on sustainability. Its website showcases a wide range of products, from cartons and boxes to protective packaging and strapping, catering to commercial and industrial customers. Notably, it also highlights its partnership with Marmax, a manufacturer of recycled outdoor furniture, and its involvement in pallet stability solutions through Samson Pallet Stability. The website’s focus on consultancy and sustainability, alongside a detailed service promise, suggests a customer-centric approach.

Financially, Samuel Grant North East Ltd shows a mixed picture. Current assets have decreased by 19%, dropping to £2,700,000, while net assets have increased by a modest 2.2%, reaching £940,000. Bank borrowings have seen a significant reduction, falling 30% to £420,000, and cash reserves have dramatically increased by 2,600%, jumping to £110,000—a very positive sign. Trade debtors have also fallen by 24%, to £1,900,000. Despite the company’s small size (meeting two of three conditions for being classified as small), the decrease in current assets and the increase in cash reserves could indicate a shift in working capital management. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. Overall, Samuel Grant North East Ltd seems to be navigating a period of change, with a focus on improving liquidity and managing debt.

Registered in England/Wales under the registration number 01845857, with a registered address at NE32 3DP, England, Jarrow, Tyne And Wear, Unit B Viking Ind Est, Rolling Mill Road.

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