A.s.c. Metals Limited

Asc Metals Lincoln Ltd, based in Northamptonshire, UK, is a sizable company with an active status, celebrating 45 years in business. Employing 42 people and boasting assets of £9,449,796, the company generated £16,903,400 in revenue last year. It's a family-owned business with three directors and a solo founder, operating a well-regarded e-commerce site and earning a perfect 5.0 Google rating from 10 reviews. The company regularly imports aluminum and aluminum products, with a history of 126 months of import activity.

Asc Metals Lincoln Ltd specializes in metal supply, offering a wide range of non-ferrous metals to fabrication, engineering, and manufacturing industries across Lincolnshire, Leicestershire, Derbyshire, Nottinghamshire, and Yorkshire. They provide not only stock but also value-added services like plasma cutting, waterjet cutting, and laser cutting. The company's website highlights its commitment to customer care, reliability, and competitive pricing.

Looking at the financial details, there's a mixed picture. While cash bank on hand increased significantly by 64%, rising to £3,700,000, current assets decreased by 10%, settling at £9,400,000. Turnover revenue also declined by 11%, dropping to £17,000,000. Interestingly, the company’s net assets decreased by 59%, falling to £620,000. Director remuneration was reduced by 20%, and company contributions to money purchase schemes were down a staggering 97%. The company's auditors, CED Accountancy Services Limited, issued an unqualified opinion.

Despite these challenges, Asc Metals Lincoln Ltd remains a significant player in the metal supply market. The decline in turnover and net assets could be attributed to broader economic conditions or increased competition, but the company's strong customer base and value-added services suggest it's well-positioned to weather the storm. It's clear that the business is working to manage its costs, as evidenced by the reduced director remuneration and pension contributions.

Registered in England/Wales under the registration number 01450113, with a registered address at NN3 9ER, Northamptonshire, Unit 3, Jackdaw Close, Crow Lane Industrial Park.

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