Cube Metals Ltd

Cube Metals Ltd, based in Luton, UK, is a small, active company founded seven years ago in 2017. With 18 employees and £1,829,252 in assets, it generates a solid £5,585,163 in yearly revenue. The company operates from a virtual address, a bit unusual as seventy-six companies are registered at the same location, and is overseen by two directors and two owners. It boasts a respectable Google rating of 4.0 based on 17 reviews. Cube Metals is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances – parts, with its last import activity recorded one month ago.

The company’s website showcases Cube Metals Ltd as a specialist in architectural metalwork and structural steel fabrication. It offers a range of services, including custom staircases, railings, balconies, and metal restoration, catering to both private and commercial projects. It also has a section for stadium metalwork packages and car park structures. The site highlights its capabilities, such as CNC laser cutting and powder coating, and features project case studies, like the Leaside Lock project in Bromley by Bow. It’s a well-presented site, aimed at showcasing expertise and attracting clients.

Financially, Cube Metals Ltd’s performance shows some concerning trends. While turnover increased by 49% to £5,600,000, net assets only grew by 11% to £1,600,000. Cash reserves decreased significantly by 11% to £270,000, and bank borrowings increased, suggesting a reliance on external financing. Trade debtors have ballooned by 210%, which could indicate difficulties in collecting payments. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the increased debt and lower cash reserves are worth noting. There's no mention of an auditor, which is typical for small, exempt companies. It's clear that the company is growing, but it needs to manage its finances carefully to maintain its momentum.

Registered in England/Wales under the registration number 11071827, with a registered address at LU1 2RD, England, Luton, 15-17 Upper George Street, Connaught House.

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