Almet Trading Uk Limited

Almet Trading Uk Ltd, based in London, is a small, active company founded seven years ago in 2017. With four employees and £4,769,367 in assets, it operates from a real address and is managed by a single director, although no owners are officially listed. The company regularly imports iron and steel (129 months of import activity, last in January 2025) and has recently started exporting it as well (3 months, last in February 2025).

Almet Trading’s website paints a picture of a steel trading company specializing in long steel products. It operates stockholding sites in Georgia and Azerbaijan, enabling it to ship large quantities quickly. The company emphasizes verified suppliers, reliable logistics, and customized supply chain solutions. It also highlights its experience, noting that while young, its team has decades of industry knowledge and strong relationships with producers and clients. The website mentions a focus on becoming a "one-stop solution provider" for the steel industry.

Financially, Almet Trading shows a mixed bag. Current assets have fallen by 32%, dropping to £4,800,000, while net assets have also decreased by 4%, settling at £490,000. Bank borrowings have increased by 120%, reaching £44,000, and cash reserves have fallen by 10%, standing at £96,000. Trade debtors have plummeted by 59%, suggesting improved collections, but creditors have also dropped by 50%, which could indicate tighter payment terms. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is typical for a small company.

Overall, Almet Trading seems to be navigating a period of change. While its asset base has shrunk, it’s also managing its debts effectively. The company's focus on long steel products and its commitment to customer service could position it for continued success, although the lack of clear ownership details is something to keep an eye on.

Registered in England/Wales under the registration number 11112117, with a registered address at SE1 7SJ, England, London, Unit Sb.027, China Works, 100 Black Prince Road.

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