Smiths Of The Forest Of Dean Limited

Smiths Of The Forest Of Dean Ltd, based in Coleford, UK, is a small, active company founded 25 years ago. With ten employees and £785,580 in assets, it’s a well-established operation. The company boasts a perfect 5.0 Google rating from 16 reviews, indicating strong customer satisfaction. It has four directors and two owners, and the registered address is a real one, shared by only one other company. The company is an irregular importer of electrical machinery and equipment, with two months of import activity, and an irregular exporter of plastics and plastic products, with one month of export activity.

The company’s website, Smiths of the Forest of Dean, positions itself as a leading supplier of tanks, containers, drums, and barrels, specializing in new and recycled options. It caters to a wide range of industries, from water storage to fuel stations, and even provides equipment for film and theatre productions, having supplied items for films like Jason Bourne and Skyfall. The website highlights a family-run business with a large stock and a commitment to customer service. It’s clear they are more than just a wholesale supplier; they’re a specialist in tank solutions, with a focus on repurposing and remanufacturing.

Financially, Smiths Of The Forest Of Dean Ltd shows a mixed picture. Current assets have decreased slightly, falling by 2.3% to £790,000. Bank borrowings have increased, and cash reserves have decreased by 19% to £300,000. Creditors have also decreased, and trade debtors have increased by 16%, which could be a sign of expanding credit terms. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in cash reserves is something to keep an eye on. The company’s accounts are unaudited, which is common for small companies. Overall, Smiths Of The Forest Of Dean Ltd appears to be a stable, long-standing business, but it’s navigating some financial pressures.

Registered in England/Wales under the registration number 03759872, with a registered address at GL16 8PZ, Coleford, Gloucestershire, The Orchard, Station Road, Milkwall.

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