Abbey Metals Trading Ltd

Abbey Metals Trading Ltd, based in West Malling, UK, is a small, active company founded seven years ago. With two employees and £168,851 in assets, it operates from a virtual address, a fact highlighted by the presence of 26 other companies registered at the same location. The firm has two directors and two owners, and enjoys a stellar 5.0 Google rating based on 53 reviews. It’s a regular importer, specializing in lead and lead products, with recent activity dating back three months.

The company’s website reveals a family-owned and operated metal recycling business, Abbey Metal Recycling, located in Cinderford, Gloucestershire. This recycling center boasts over forty years of experience and meets modern environmental standards, holding licenses from Forest of Dean District Council, the Environment Agency, and the DVLA. They accept a wide range of metals, including copper, lead, aluminum, and vehicle batteries, catering to both household and industrial clients. The business operates Monday to Friday, 8am to 4:30pm, and Saturdays 8am to 12:30pm.

Financially, Abbey Metals Trading Ltd presents a mixed picture. While cash bank on hand increased significantly by 330% to £33,000, current assets decreased by 10% to £170,000. Creditors saw a 22% decrease, but net assets declined sharply by 410% to -£32,000. Trade debtors also decreased slightly, and bank borrowings have increased. The company’s small size – meeting two of three conditions to be classified as small – allows for flexibility, but the substantial equity decline warrants attention. The lack of an auditor, common for small companies, means these figures are unaudited.

It appears Abbey Metals Trading Ltd is navigating a period of change, with the recycling business providing a stable foundation, but the trading arm facing challenges.

Registered in England/Wales under the registration number 10867184, with a registered address at ME19 4YU, England, West Malling, Kent, Suite 131 80 Churchill Square.

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