Armco Direct Limited

Armco Direct Ltd, based in Loughborough, UK, is a small holding company with an active status, having been established nineteen years ago in 2005. The company employs eight people and holds £1,165,221 in assets. It operates from a virtual address, registered with fifty-three other companies, and is managed by three directors and one owner. The business runs an e-commerce site specializing in crash barrier supplies. It imports iron or steel products irregularly, with one month of import activity recorded in January 2025, and exports them regularly, with ten months of export activity ending in October 2024.

The company’s website showcases a wide range of crash barriers, posts, and related products, catering to trade customers and offering bespoke fabrication services. It emphasizes quality, reliability, and a personal service, highlighting its experience in the industry. The site also features a blog with informative articles on barrier installation and safety.

Financially, Armco Direct Ltd’s report shows some interesting trends. Current assets have decreased by 23%, dropping to £1,200,000, while net assets have fallen by 33%, settling at £570,000. Bank borrowings have decreased by 32%, reaching £22,000, and cash reserves have dipped 6.3%, standing at £16,000. Creditors have also decreased by 6.7%, settling at £670,000. The company meets the criteria for being a small company, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, which is likely due to the company’s small size and exemption from an audit.

The decline in assets and equity could be attributed to various factors, such as increased competition, rising material costs, or changes in customer demand. However, the decrease in bank borrowings and creditors suggests improved debt management. The company's focus on e-commerce and its reputation for quality products could help it navigate these challenges and maintain its position in the crash barrier market.

Registered in England/Wales under the registration number 05646867, with a registered address at LE11 5RF, Loughborough, Leicestershire, 4 Bank Court, Weldon Road.

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