Alloyed Supply Limited

Alloyed Supply Ltd from Tipton UK is a small, active company founded seven years ago. With two employees and £270,111 in assets, it operates from a real address and is led by a solo founder and one director. It boasts a perfect 5.0 Google rating based on a single review and regularly imports iron and steel—a consistent pattern over the past 54 months, with the latest activity in August 2024.

The company’s website reveals a specialized focus: trading in special steel. It supplies steel bars, stainless steel coils, and sheets to the UK and Republic of Ireland, sourcing from Tsingshan Group in China. Its logistics allow for efficient delivery of small lots, and it provides customs clearance for imported products. A separate section highlights a partnership with Poldi Steel s.r.o. and offers stainless steel from Tsingshan Group. The website also mentions a Birmingham registered office and emphasizes its commitment to quality and British craftsmanship.

Financially, Alloyed Supply Ltd presents a mixed picture. Current assets have increased by 24% to £270,000, however, equity has decreased by 73% to £30,000. Bank borrowings have risen significantly, and cash reserves have fallen by 89% to £14,000. Creditors have increased dramatically, and trade debtors have ballooned by 170%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant equity drop warrants attention. No auditor is mentioned, indicating exemption as a small company and reliance on unaudited financial statements.

Overall, Alloyed Supply Ltd appears to be navigating a period of change. While asset growth is positive, the decrease in equity and cash reserves suggests the company is burning through money. The increase in debt could be a sign of expansion or a response to financial pressures. It’s unclear if the company is financially healthy, but it’s clear that management will need to address these trends to ensure long-term sustainability.

Registered in England/Wales under the registration number 11119446, with a registered address at DY4 9AW, England, Tipton, West Midlands, Dolton Way, Off Factory Road.

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