Elite Metalcraft Co. Limited

Elite Metalcraft Co. Limited, based in Greenford, UK, is a small, holding company with an active status, marking 73 years since its founding in 7/20/1951. The company employs 21 people and holds £2,810,743 in assets. It has a real address, two directors, and two owners, and boasts a stellar 5.0 Google rating based on 71 reviews. They are regular importers of iron or steel products, with recent activity recorded three months ago.

The company operates in the manufacture of metal structures and parts of structures industries. While no website is available to analyze, the financial data reveals some interesting trends. Current assets remained stable at £2,800,000, however, net assets increased by 24% to £1,300,000. Bank borrowings increased by 20% to £120,000, while cash reserves significantly dropped by 86% to £80,000. Creditors decreased by 8.1%, and trade debtors increased by 36%. The company’s small size—meeting two of three conditions for a small company—helps maintain agility.

The sharp drop in cash reserves, however, is concerning and suggests the company may be burning through money. The increase in bank borrowings could be a short-term solution, but it’s a sign to watch. The increase in trade debtors may indicate a delay in customer payments, or perhaps an expansion of credit terms. The company's financial statements are unaudited, and the directors are responsible for their accuracy. No auditor is mentioned, which is common for small companies.

Registered in England/Wales under the registration number 00497785, with a registered address at UB6 7LH, England, Greenford, 9 Walmgate Road, Perivale.

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