Sheppee International Limited

Sheppee International Ltd from Elvington UK is a large, holding company with an active status, having been founded 32 years ago in 1993. The company employs 52 people and boasts assets of £10,394,721. It has a real address, is managed by four directors, and is owned by one individual. A Google rating of 4.0 based on 11 reviews suggests a positive customer experience. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 79 months of import activity and 196 months of export activity recorded.

The company's website highlights its position as world leaders in hot end ware handling, focusing on providing solutions for the glass container manufacturing industry. It offers a range of products including conveyors, lehr loaders, pushbars, transfer drives, and spare parts, with a strong emphasis on customer support and training. The site also features testimonials from satisfied clients, praising Sheppee's reliability and expertise. It's clear that the business operates primarily as a B2B supplier, not an e-commerce site, focusing on specialized equipment and services.

Financially, Sheppee International Ltd shows a mixed picture. Current assets decreased by 7.1% to £10 million, while net assets remained relatively stable. However, bank borrowings increased by 8.8%, reaching £2.3 million, and cash bank on hand dropped by 15% to £2.9 million. Director remuneration increased by 25%, reaching £430,000, and staff costs rose by 22%, reaching £3.2 million. It's worth noting that the company’s large size (meeting two of three criteria for a large company) suggests a more established operation. The company’s auditor, Azets Audit Services Limited, has provided an opinion on the financial statements.

Despite the decrease in cash reserves, the company's continued profitability—with net profits increasing by 30% to £2.7 million—and the growth in staff costs indicate ongoing investment and expansion. The increase in bank borrowings may reflect financing for new equipment or projects. Overall, Sheppee International Ltd appears to be a financially stable company with a strong market position, although the decrease in cash reserves warrants close monitoring.

Registered in England/Wales under the registration number 02792576, with a registered address at YO41 4AU, Elvington, York, Halifax Way, Airfield Business Park.

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