A C Steels Ltd

Ac Steels Ltd, based in Bloxwich, UK, is a large and active steel stockholder founded sixteen years ago. With seventy employees and £18.8 million in assets, the company generates a yearly revenue of £35.9 million. Boasting a real address and managed by three directors and a single owner, it holds a stellar 5.0 Google rating based on four reviews. Regular importer of iron and steel (38 months) and exporter of iron or steel products (40 months), the company is a key player in the UK steel industry.

The company’s website showcases a comprehensive range of steel processing services, including laser cutting, tube bending, and galvanizing, catering to diverse customer needs. A new online shop is live, allowing customers to view products and data sheets, with full e-commerce functionality planned for the future. They also supply a wide range of popular steel products, emphasizing reliable supply and competitive prices.

Financially, Ac Steels Ltd shows a mixed picture. While turnover decreased by 7% to £36 million, assets remained steady at £18.9 million. However, net assets declined by 16% to £10.2 million, and cash reserves fell by 20% to £4.8 million. Bank borrowings increased by 12% to £1.3 million. Despite these challenges, creditors decreased by 10%, suggesting improved debt management. The company meets two of three criteria for a large company: turnover over £36 million and balance sheet total over £18 million. The lack of an auditor mentioned suggests exemption as a small company, and the figures are unaudited.

The trends suggest Ac Steels Ltd is navigating a competitive market, perhaps facing increased costs or shifting demand. The ongoing investment in online sales and processing services indicates a commitment to adapting and growing, but the declining cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 06759649, with a registered address at WS2 7LY, Bloxwich, Walsall, International House, Fryers Road.

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