European Steel Profiles Limited

European Steel Profiles Ltd from Iver UK is a small company with an active status, founded ten years ago in 2015. The business employs twelve people and holds assets totaling £6,869,754. It has a real address, two directors, and two owners. The company regularly imports iron or steel products, with 27 months of import activity recorded, the last operation made on February 01, 2025.

The company operates in the manufacture of other fabricated metal products, and its website showcases a comprehensive range of drywall metal profiles and systems. ESP Drywall offers everything from C Stud partitions and furring systems to resilient bar and acoustic studs, catering to both commercial and residential projects. The website highlights a strong focus on technical support, data sheets, and ISO 9001 certification, suggesting a commitment to quality and customer service. The business also appears to have a strong online presence, with detailed product listings and downloadable resources.

Financially, European Steel Profiles Ltd presents a mixed picture. While net assets increased by 75% to £2.4 million, bank borrowings surged by 140% to £710,000, and cash reserves fell by 93% to £320,000. Director remuneration increased significantly by 560%, reaching £160,000. Creditors also rose by 26%, reaching £4.6 million, which may indicate an increased reliance on trade credit. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the substantial increase in borrowings and the drop in cash reserves raise questions about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. It’s a bit odd that the company is so reliant on bank borrowings.

Registered in England/Wales under the registration number 09584976, with a registered address at SL0 9JQ, England, Iver, Unit 1f The Ridgeway Distribution Centre, The Ridgeway.

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