Abbeymet Supplies Limited

Abbeymet Supplies Ltd from Orpington UK: a small company with an active status, was founded 11 years ago and employs three people. The company holds £656,539 in assets and operates from a virtual address, a bit unusual, with two directors and one owner. It boasts a stellar 5.0 Google rating from four reviews and is a regular importer of copper and copper products, having imported for 11 months, the last operation being in January 2025.

The company’s operations center around the wholesale of metals and metal ores, a fairly specialized field. While there’s no website to analyze, it’s clear Abbeymet Supplies Ltd is focused on supplying materials rather than direct consumer sales. The business appears to be a B2B operation, likely serving manufacturers or other industrial clients.

Financially, Abbeymet Supplies Ltd presents a mixed picture. Current assets have decreased by 6.5% to £660,000, while net assets have increased by 8.7% to £210,000. Bank borrowings have seen a significant reduction of 35%, dropping to £18,000, and cash reserves have increased by 16% to £210,000—a positive sign. Creditors have also decreased by 11%, suggesting improved debt management. 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 decrease in debtors by 18% might indicate slower customer payments. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Abbeymet Supplies Ltd seems to be financially stable, although the decrease in debtors warrants further monitoring. The company’s focus on copper products and its consistent import activity suggest a steady demand for its services. The directors, Dix Charles Michael and Dix Raymond John, are likely key to the company’s success, and the lack of a website might indicate a more traditional, relationship-driven sales approach.

Registered in England/Wales under the registration number 08770734, with a registered address at BR6 8QE, United Kingdom, Orpington, Kent, Lynwood House, Crofton Road.

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