Satkohi Sons Ltd

Satkohi Sons Ltd, based in Bradford, UK, is a small, active company founded 14 years ago. With four employees and £314,835 in assets, it’s a modest operation overseen by three directors and two owners. The company has a real address and operates with a mix of import and export activities. It imports paper and paperboard products irregularly, with the last import occurring in October 2023, and exports machinery, boilers, and mechanical appliances parts regularly, with the last export in June 2024.

The company's website highlights its focus on trading paper and paperboard along with printed packaging material, emphasizing over 50 years of experience in the paper trade. It's part of a multinational group, Lateef Group of Companies, which includes a paper manufacturing mill and another paper trading company abroad. Satkohi Sons provides domestic market expertise, a comprehensive range of paper products, global procurement, and printing machinery import and export services, including after-sales support. The website also mentions plans to expand into printed packaging material operations in Europe and explore importing products from Pakistan to the UK. They’re even considering opening an office in London to cater to printers in the Northwest region.

Financially, Satkohi Sons Ltd presents a mixed picture. While bank borrowings decreased by 35%, overdrafts increased by 20%, and cash bank on hand fell by a significant 58%. Creditors also decreased by 35%, which is good, but net assets declined by 2.4% to £190,000. Trade debtors, however, increased by 7.8%, which could be a sign of delayed payments. The company meets the criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and is exempt from an audit. The accounts are described as "filleted" and prepared under the historical cost convention. There were no auditors mentioned.

Overall, Satkohi Sons Ltd appears to be navigating a period of change, with some financial pressures evident. Its connections to a larger group and its diverse range of services could provide resilience, but the company will need to manage its cash flow and debt effectively to ensure long-term success.

Registered in England/Wales under the registration number 07305777, with a registered address at BD4 7BA, England, Bradford, West Yorkshire, 2 Bolling Road.

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