Thomas Potter Limited

Thomas Potter Ltd, based in South Shields, UK, is a small, active company established 18 years ago. With 17 employees and £2,093,916 in assets, it’s a well-established player in the industrial supply sector. The company, which has three directors but no listed owners, maintains a real address and boasts a solid 4.0 Google rating from 58 reviews. It regularly imports iron or steel products, with the latest activity recorded just four months ago.

The company’s website highlights its long history – over 80 years – as a supplier of quality nuts, bolts, and fixings. It’s moved into larger premises to accommodate an expanding stock range, now including a wide selection of pipe and fittings. Thomas Potter emphasizes its ability to source hard-to-find items, a key differentiator in the industry. It’s a family-owned business, proud of its customer service and experience in serving both major contractors and smaller companies. The website also showcases its extensive product range, from fasteners and sealants to tools and workwear.

Financially, Thomas Potter Ltd presents a mixed picture. Cash reserves have increased significantly, up 140% to £950,000, indicating strong cash flow management. However, creditors have also risen by 20% to £940,000, and trade debtors have decreased by 19% to £840,000. While net assets increased by 17% to £1,300,000, the company’s bank borrowings have increased. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the rise in creditors suggests a need to monitor debt levels. The accounts are unaudited, likely due to the company’s exemption as a small entity. Overall, Thomas Potter Ltd appears to be a stable business, but keeping an eye on its debt management will be important.

Registered in England/Wales under the registration number 05970064, with a registered address at NE23 1WG, United Kingdom, Cramlington, Northumberland, Unit 1g Admiral Business Park, Nelson Way.

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