Consteel Technical Services Limited

Consteel Technical Services Ltd, based in Saltburn-by-the-Sea, UK, is a small, holding company with an active status. Established 48 years ago in 1976, the company employs 16 people and holds £481,857 in assets. It’s a real address, managed by two directors and overseen by three owners – though these ownership details haven's been updated for seven years. The company is an irregular importer, primarily bringing in electrical machinery and equipment, with the last import recorded one month ago in September 2023.

The company’s website, WW AFCO Steel, paints a very different picture. It’s a large, well-established steel fabrication and erection company, operating across the US and boasting projects like the Las Vegas Sphere and the Kaufmann Performing Arts Museum. The site highlights expertise in preconstruction planning, engineering, and steel erection, catering to a wide range of industries, from aviation to healthcare. While the connection between Consteel Technical Services Ltd and WW AFCO Steel isn't immediately clear, the shared name suggests a possible parent-subsidiary relationship, with Consteel perhaps handling some of the UK-based operations or providing technical support.

Financially, Consteel Technical Services Ltd presents a mixed bag. While cash reserves have increased significantly by 78% to £320,000, current assets have also risen by a substantial 110% to £480,000. However, net losses have deepened, and trade debtors have ballooned by 240%. Bank borrowings have also increased, though not as dramatically. The company’s small size—meeting two of three criteria to be considered small—helps it remain nimble, but the increase in debtors and the deeper net losses raise questions about cash flow management. Depreciation on plant machinery has increased, and the company has been using straight line depreciation. There's no auditor mentioned, which is typical for a small company, and the accounts are unaudited.

Registered in England/Wales under the registration number 01266415, with a registered address at TS12 1EW, Saltburn By The Sea, Cleveland, Clarence House, Milton Street.

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