String Products Ltd

String Products Ltd, based in Leeds, UK, is a small, active company established fifteen years ago in 2009. With nine employees and £1,714,092 in assets, it operates from a real address and is led by one director and owner. The company boasts a respectable 4.0 Google rating from five reviews and is a regular importer of plastics and plastic products, with 87 months of import activity recorded, the last in February 2025.

The company’s website reveals a wholesale business supplying independent retail stores with a wide range of products, including carpet protection, cladding panels, diamond drill bits, and SPC flooring. It emphasizes next-day delivery, a 30-day credit facility, and brochure assistance—typical features of a B2B wholesale operation. It also offers a range of products for tilers and offers brands such as Spaceluxe and TLS. The website also highlights its experience and knowledge, guiding customers towards the best solutions for their business.

Financially, String Products Ltd presents a mixed picture. Cash bank on hand saw a substantial increase of 310%, reaching £640,000, while debtors decreased by 25%, dropping to £590,000. Current assets remained relatively stable at £1,700,000, but equity declined by 5.9%, settling at £1,700,000. Creditors, however, increased by 150%, reaching £200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in equity warrants closer attention. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, String Products Ltd appears to be navigating a period of change. While cash reserves have grown significantly, the decrease in equity and increase in creditors suggests it’s burning through money a little faster than it's bringing it in. It's a solid, established business, but it needs to manage its finances carefully to ensure long-term sustainability.

Registered in England/Wales under the registration number 07049908, with a registered address at LS12 6AA, Leeds, West Yorkshire, Ring Road, Lower Wortley.

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