Asc Metals Lincoln Limited

Asc Metals Lincoln Ltd, based in North Hykeham, Lincoln, UK, is a large, active company established 27 years ago. Employing 33 people, it holds £7,065,137 in assets and generates £10,438,444 in yearly revenue. With a real address, three directors, and a solo founder, the company operates an e-commerce site and enjoys a stellar 5.0 Google rating from 10 reviews. It’s a regular importer of aluminum and aluminum products, with 123 months of import activity recorded, the last in January 2025.

The company’s website highlights its role as a metal stockist, supplying a wide range of non-ferrous metals, including aluminum, stainless steel, copper, brass, and bronze. It caters to various industries like fabrication, engineering, and manufacturing, offering services like plasma cutting, laser cutting, and powder coating. The company also boasts a design team and offers customized aluminum extrusions. They even have a “Great Easter Egg Hunt” promotion, a fun touch to their online presence.

Financially, Asc Metals Lincoln Ltd shows some concerning trends. While turnover remained stable, net assets decreased by 11%, falling to £5,400,000. Cash reserves increased significantly, jumping 900% to £1,800,000, which could indicate a temporary influx of funds or a deliberate strategy to build up liquidity. Bank borrowings were eliminated entirely, a positive sign of reduced debt. However, administrative expenses increased by 21%, and staff costs declined by 18%, suggesting potential restructuring or cost-cutting measures. Creditors decreased by 4%, which is a good sign. The company’s size (meeting two of three criteria for a large company) means it’s subject to more rigorous reporting requirements. The accounts were audited by CED Accountancy Services Limited.

Overall, Asc Metals Lincoln Ltd appears to be a well-established metal stockist with a strong online presence. While the financial picture reveals some mixed signals, the company's long history and positive customer reviews suggest it's navigating these challenges effectively.

Registered in England/Wales under the registration number 03443750, with a registered address at LN6 3QY, North Hykeham Lincoln, Lincolnshire, Westminster Industrial Estate, Station Road.

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