European Steel Sheets Limited

European Steel Sheets Ltd, based in Birmingham, UK, is a large company with an active status, established 17 years ago. The firm employs nine people and boasts significant assets of £28,629,512, generating a yearly revenue of £19,599,407. It’s led by a solo founder and director, Broadhurst Daniel William, and has one owner. The company holds a 3.0 rating on Google based on five reviews. It’s an irregular importer of iron and steel (2 months) and an irregular exporter of toys, games, and sports equipment (1 month).

The company’s website paints a picture of a well-established steel stockholder, processor, and distributor. For 60 years, European Steel Sheets has been servicing the steel industry, offering a wide range of products like decoiled, sheared, and slit steel. They emphasize fast, efficient service and high-quality products, catering to businesses across the UK, Ireland, and Europe. Their website highlights their extensive network, fast lead times, and competitive pricing. They even offer traceability and precision cutting services, and boast about being Birmingham’s largest steel stockholder.

Financially, European Steel Sheets Ltd presents a mixed picture. While turnover increased by 14%, reaching £19.6 million, profit plummeted by 66%, resulting in a loss of £2.5 million. Current assets decreased by 15%, dropping to £27 million, while bank borrowings increased by 300%, reaching £150,000. Creditors also rose by 20%, to £2.3 million. The company’s size—meeting two of three criteria for a large company—suggests it's navigating a competitive market. The accounts are unaudited, and the firm’s auditor, Sephton & Company LLP, isn’t mentioned directly, which is common for companies of this size.

The significant drop in profit, despite increased turnover, raises questions about cost management or pricing pressures. The increased bank borrowings could indicate a need for working capital or investment. However, the firm’s long-standing presence and broad service offering suggest a resilient business model, even if it’s facing some financial headwinds.

Registered in England/Wales under the registration number 06436498, with a registered address at B9 4SJ, Birmingham, West Midlands, Jean Broadhurst Works Doris Road, Bordesley Green.

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