This Named Company Limited

This Named Company Limited is a small, active company based in Sandycroft, UK, established 23 years ago. With 17 employees and £449,759 in assets, it’s a modest operation overseen by six directors and a single owner, Smith Neal David. The company’s real address is registered, and it’s been importing electrical machinery and equipment for the past three months, with the last import occurring in January 2025.

The company operates in the manufacture of other plastic products industries, and its website, though currently unavailable, likely reflects this focus. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, the company’s performance shows some concerning trends. Accumulated depreciation on plant machinery has remained steady, but the number of employees has increased by 24% to 21. Cash bank on hand has decreased by 8.8% to £300,000, and creditors have fallen by 20% to £320,000. While net assets have increased by 32% to £200,000, trade debtors have plummeted by 40% to £74,000. The company’s financial statements are unaudited, and no auditor is mentioned, which is typical for small companies. The company has been publishing commitment to U K effective stewardship code.

Despite the positive aspects of its long-standing presence and import activity, the decrease in debtors and cash reserves suggests potential challenges in managing working capital. The increase in employees, however, could indicate expansion or increased production.

Registered in England/Wales under the registration number 04306571, with a registered address at CH5 2QS, Sandycroft, Deeside, Network House, St Ives Way.

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