The Workplace Depot Limited

The Workplace Depot Ltd from Nottingham UK is a small, active company founded 34 years ago in 1991. Employing 20 people, it holds assets of £2,419,677 and operates from a real address. With four directors and one owner, the company runs an e-commerce site and maintains a Google rating of 4.0 based on 126 reviews. It’s a regular importer of iron or steel products, having imported for 214 months, with the last import occurring in February 2025.

The company's website showcases its role as a material handling equipment supplier based in Bingham, England. It’s a private limited company registered in England and Wales, and its core business involves wholesale of other office machinery and equipment. The site highlights a broad range of products, from storage solutions to safety equipment, catering to commercial and industrial clients.

Financially, The Workplace Depot Ltd presents a mixed picture. Current assets increased by 6.5% to £2.4 million, while net assets improved by 50% to £490,000. Bank borrowings decreased by 24%, reaching £300,000, and cash reserves saw a significant boost, rising 150% to £730,000. Creditors, however, decreased by 55%, suggesting better debt management. The company meets the criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is typical for a small company, meaning the figures are unaudited.

The company's growth in cash reserves is a positive sign, but the increase in trade debtors suggests potential challenges in collecting payments. The company’s ability to maintain its Google rating and continue importing iron or steel products will be key to its future success.

Registered in England/Wales under the registration number 02610384, with a registered address at NG13 8XB, Nottingham, Miller House Moorbridge Road East, Bingham.

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