Standring Brothers Limited

Standring Brothers Ltd from Nr. Oldham UK is a small, family business with an active status, founded 33 years ago. The company employs 22 people and holds £692,535 in assets, operating from a real address. With three directors and two owners, it boasts a stellar 5.0 Google rating based on ten reviews. Standring Brothers Ltd is an irregular importer of machinery, boilers, and mechanical appliances; parts, with recent import activity recorded just two months ago. The company operates in the manufacture of plastics in primary forms.

The business’s website is not available for analysis.

Financially, Standring Brothers Ltd shows some mixed signals. Current assets have decreased by 8.5% to £690,000, while net assets have fallen 4.5% to £460,000. Bank borrowings have decreased by 3.4% to £87,000, and cash reserves have fallen 50% to £110,000. Creditors have increased by 10% to £240,000, suggesting potentially higher supplier costs. Trade debtors have decreased slightly by 1.6% to £370,000. 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 stay agile, but the decrease in cash reserves is something to keep an eye on. As a small company, it’s likely exempt from an audit, meaning the figures are unaudited.

Overall, Standring Brothers Ltd appears to be holding its own, but facing some financial pressures. The company’s long-standing presence and positive customer reviews suggest a solid foundation, but the recent trends warrant careful monitoring.

Registered in England/Wales under the registration number 02694601, with a registered address at OL3 7AQ, United Kingdom, Nr. Oldham, Lancashire, Wellington Road, Greenfield.

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