Cardinal Steels Ltd

Cardinal Steels Ltd, based in Bromsgrove, UK, is a small, active company founded four years ago. Employing six people and holding £2,864,154 in assets, it operates from a real address and is managed by a single director and solo founder, Broadhurst Jake Thomas. The company enjoys a stellar 5.0 Google rating from 89 reviews, indicating strong customer satisfaction. Cardinal Steels regularly imports textile padding, felt, nonwoven fabrics, special yarns, ropes, and cables—the last import operation was recorded four months ago in August 2023.

The company’s website paints a picture of a specialist steel roofing and metal cladding supplier. It offers a wide range of products, including box profile, corrugated, and flat metal sheets, as well as insulated roofing and ancillary items. The site emphasizes manufacturer prices, UK national coverage, and bespoke solutions, with a focus on quality and durability. It even includes a roofing calculator and sample order request feature, suggesting a customer-centric approach.

Financially, Cardinal Steels Ltd presents a mixed bag. While net assets grew by a substantial 87% to £890,000, cash reserves increased by a remarkable 1500% to £540,000—a very positive sign. However, trade debtors have increased significantly by 100%, which could indicate some challenges in collecting payments. Creditors also rose by 31%, suggesting increased reliance on short-term financing. The company meets the criteria for a small business, with a turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are unaudited, as is common for small companies. Ormerod Rutter Limited is the auditor.

Overall, Cardinal Steels Ltd appears to be a financially healthy company with a strong reputation and a clear focus on its niche market. The increase in debtors is something to monitor, but the substantial growth in cash reserves suggests the business is well-positioned for future expansion.

Registered in England/Wales under the registration number 13017645, with a registered address at B60 3EX, England, Bromsgrove, 22 Aston Road.

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