Angell Welding Limited

Angell Welding Ltd is a small, active family business established 27 years ago, founded in 1997. Based in New Addington, London, the company employs eight people and holds £254,291 in assets. With a real address and two directors and owners, it maintains a stellar 5.0 Google rating from 51 reviews. Angell Welding Ltd regularly imports machinery, boilers, and mechanical appliances, with its most recent import activity occurring in January 2025.

The company’s website highlights its expertise in metal fabrication and the manufacture of metal structures, operating within the broader industry of metal products. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s website indicates a focus on quality craftsmanship and custom solutions for its clients.

Financially, Angell Welding Ltd’s recent performance presents a mixed picture. Current assets have decreased by 22% to £250,000, while net assets have fallen by 25% to £220,000. Cash bank on hand has also seen a significant drop, declining by 35% to £92,000. However, creditors have decreased by 19%, suggesting improved management of short-term liabilities. Trade debtors have also seen a considerable decline, falling by 49% to £79,000. The company’s bank borrowings have increased by 2400%, reaching £29,000. Although the company is exempt from an audit, the unaudited financial statements provide a snapshot of its current standing. The increase in bank borrowings and the decrease in cash reserves could indicate the company is burning through money, but the decrease in trade debtors is a positive sign.

Registered in England/Wales under the registration number 03418846, with a registered address at CR0 0AE, 273 King Henrys Drive, New Addington.

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