Central Plate Services Limited

Central Plate Services Ltd, based in Wolverhampton, West Midlands, UK, is a small, active company established 41 years ago. With thirteen employees and £4,831,799 in assets, it’s a well-established player in its sector. The company, which has two directors and one owner, maintains a real address and boasts a stellar 5.0-star Google rating based on two reviews. It's a regular importer of iron and steel, with its last import operation recorded four months ago.

The company operates in the “other manufacturing n.e.c.” industries, and its website, while not providing detailed information, suggests a focus on steel plate services. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Central Plate Services Ltd shows a mixed picture. Current assets have decreased by 12% to £4,800,000, while net assets have decreased by 1.6% to £3,300,000. Cash reserves have increased by 28% to £1,700,000, a positive sign. However, bank borrowings have remained steady, and trade debtors have decreased by 34%. Creditors have also decreased by 37%, suggesting improved debt management. Corporation tax payable has increased significantly by 90%, reaching £83,000.

The company's small size and lack of an auditor (likely exempt as a small company) mean the figures are unaudited. While the business appears to be stable, the decrease in current assets and the increase in tax liabilities could indicate some financial pressure. It’s likely the company is navigating the challenges of maintaining profitability in a competitive market, but the increased cash reserves offer a cushion.

Registered in England/Wales under the registration number 01746004, with a registered address at WV11 3FG, England, West Midlands, Wednesfield Way, Wolverhampton.

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