The Pallet Company Limited

The Pallet Company Ltd, based in the West Midlands, UK, is a small holding company with an active status, celebrating 26 years in business since its founding in 1998. Employing 55 people, the company holds assets valued at £2,446,685 and operates from a real address with two directors and one owner at the helm. It runs an e-commerce site and is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances parts, with the last import occurring in January 2025.

The company's website showcases a comprehensive range of pallet solutions, including new, reconditioned, plastic, and bespoke pallets, alongside services like collection, management, repair, and recycling. They even offer consultancy on cost reduction and heat treatment (ISPM 15). The site emphasizes a customer-first approach and boasts 20 years of experience, promising nationwide delivery and a price guarantee. It's clear the company is actively marketing itself as a one-stop shop for all pallet needs, from buying and selling to repair and recycling.

Financially, The Pallet Company Ltd shows a mixed picture. While current assets increased by 33% to £2,400,000, bank borrowings have surged by 2,400% to £1,500,000, and cash reserves have plummeted 83% to just £170,000. Creditors have also increased significantly, rising 82% to £980,000. Trade debtors have more than doubled, reaching £2,100,000. 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 flexibility, but the sharp decline in cash and the increase in debt suggest it may be facing some financial pressure. The accounts are unaudited, which is common for small companies, and no auditor is mentioned. Despite these challenges, the company's diverse range of services and focus on customer service position it well to navigate the pallet market.

Registered in England/Wales under the registration number 03600889, with a registered address at B70 0BY, West Midlands, Charles Street, West Bromwich.

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