Associated Lead Mills Ltd.

Associated Lead Mills Ltd from Hoddesdon UK: a large company, holding company, active status, founded 27 years ago, employing 49 people, and holding £35,380,298 in assets. It has a real address, five directors, and one owner, with a Google rating of 3.0 based on two reviews. The company regularly imports iron or steel products (98 months) and exports zinc and zinc products (11 months).

Associated Lead Mills Ltd operates as a wholesale distributor of metals and metal ores. The company’s website is currently unavailable, so it’s difficult to assess its e-commerce presence. It appears to be a traditional B2B operation rather than a direct-to-consumer retailer.

Financially, the company seems to be in a mixed state. While current assets remain steady at £35,000,000, net assets have increased by 2.9% to £13,000,000. Bank borrowings have risen by 6.1% to £14,000,000, and cash reserves have increased by 180% to £290,000. Creditors have decreased by -0.8% to £23,000,000, suggesting improved debt management. The company meets two of three criteria to be considered a large company: turnover exceeding £36 million, a balance sheet total of more than £18 million, and more than 250 employees. The increase in bank borrowings, however, could indicate a need for capital to support operations or expansion. The company’s director remuneration has decreased by 1.5% to £39,000. The audit firm, Rayner Essex LLP, conducted the audit.

Overall, Associated Lead Mills Ltd seems to be a stable, albeit somewhat leveraged, company. The increase in cash reserves is a positive sign, but the rising bank borrowings warrant further scrutiny. The company’s long history and established position in the metals distribution industry suggest a resilient business model, but it’s important to monitor its financial performance closely in the coming years.

Registered in England/Wales under the registration number 03382580, with a registered address at EN11 0NX, Hoddesdon, Hertfordshire, Unit B, Bingley Road.

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