Coverworld Uk Limited

Coverworld UK Steel Roofing and Cladding, based in Chesterfield, UK, is a medium-sized company operating as a holding entity. Established 35 years ago in 1990, it employs 46 people and holds substantial assets of £66,957,989. The company generates £26,310,075 in revenue annually and boasts a perfect 5.0 Google rating from 56 reviews. It’s managed by three directors and owned by Anderson Hunt Peter and Moorhen Holdings Ltd.

Coverworld UK specializes in the forging, pressing, stamping, and roll-forming of metal, and powder metallurgy, primarily focusing on steel cladding systems. Its website showcases a broad range of products, from profiled sheeting and wall panels to flashings and specialist fabrications, catering to both commercial and industrial clients. The company also provides technical support, material data sheets, and installation instructions, emphasizing its commitment to quality and customer service. The website also hints at a focus on sustainability, with a recent blog post detailing a solution to reduce emissions in steelmaking.

Financially, Coverworld UK presents a mixed picture. While turnover remained steady at £26 million, net assets decreased slightly, and cash reserves fell by 41% to £640,000. Bank borrowings increased by 21%, reaching £1.5 million, and creditors decreased by 20%, suggesting improved debt management. The company’s bank overdrafts, however, saw a significant reduction, falling 67% to £1.1 million. The company's administrative expenses increased by 25%, a potential area for review. The company's auditors are Hewitt Card Limited.

Despite these fluctuations, Coverworld UK remains a stable and active business, benefitting from its established reputation and focus on quality steel cladding systems. The increase in administrative expenses, however, could be a cause for concern. It’s likely that the company is navigating typical challenges associated with a medium-sized business, balancing growth with financial stability.

Registered in England/Wales under the registration number 02493685, with a registered address at S44 5GA, Chesterfield, Derbyshire, Mansfield Road, Bramley Vale.

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