Broder Metals Group Limited

Broder Metals Group Ltd from Sheffield, UK, is a small, active company founded 19 years ago. With 21 employees and £4,861,923 in assets, it operates from a real address and is managed by four directors – although no owners are currently reported. The company regularly imports nickel and nickel products (33 months) and exports iron and steel (252 months), indicating a focus on metals trading.

The company’s website showcases a diverse range of stainless steels, nickel alloys, and titanium products, catering to industries like aerospace, motorsport, and nuclear. It even has a division specializing in powder metallurgy, partnering with 6K Additive to expand into metal powder distribution. Notably, the website highlights collaborations with Loughborough University's Formula Student team, supplying materials for their race car construction.

Financially, Broder Metals Group Ltd presents a mixed picture. While net assets have grown significantly by 52% to £3.5 million, current assets have also increased by 24% to £4.9 million. However, finished goods and goods for resale have increased by a substantial 71% to £2.3 million. Bank borrowings have decreased by 42%, and cash reserves remain steady at £1.1 million. Creditors have also decreased by 17%, suggesting improved debt management. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. The increase in finished goods and goods for resale may indicate a build-up of inventory, potentially due to supply chain disruptions or slowing demand. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Registered in England/Wales under the registration number 05690539, with a registered address at S35 9TG, Sheffield, South Yorkshire, 2 Starnhill Close, Ecclesfield.

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