Edwards Steel Services Limited

Edwards Steel Services Ltd, based in Bridgend, UK, is a small, holding company with an active status. Established 22 years ago in 2002, the company employs four people and holds £3,998,879 in assets. It’s a family-run operation with one director and owner at the helm, boasting a perfect 5.0 Google rating from one review. The firm regularly imports iron and steel, with nine months of import activity recorded, the latest in March 2024.

The company's website highlights its specialization in supplying cutting edges, bucket teeth, and profiled plates for the earth moving, quarrying, and mining industries. It focuses on manufacturing and supplying replacement wear parts for diggers, excavators, and dozers, offering quick turnaround times – sometimes within 24 hours. Edwards Steel Services is the only distributor in Wales using Hardox Wearparts, emphasizing its commitment to quality and specialized products.

Financially, Edwards Steel Services Ltd shows a mixed picture. While net assets increased by 3.1% to £3,900,000, cash reserves decreased by 7.4% to £200,000. Bank borrowings surged by 3.1% to £2,900,000, and creditors decreased by 11% to £340,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increase in bank borrowings raises questions. No auditor is mentioned, likely due to its small company status, so the figures are unaudited.

Overall, Edwards Steel Services Ltd appears to be a stable, specialized supplier, but the increasing reliance on bank loans suggests a need for careful financial management.

Registered in England/Wales under the registration number 04539064, with a registered address at CF33 4DD, Wales, Bridgend, 16 Heol Maendy, North Cornelly.

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