Fine Mesh Metals Limited

Fine Mesh Metals Ltd from Stourbridge UK: a small, active company founded 29 years ago, employs nine people, and holds assets of £1,109,268. It operates from a virtual address, has four directors, and is a family business with a 4.0 Google rating based on 262 reviews. The company regularly imports iron or steel products (40 months) and occasionally exports aluminum and aluminum products (1 month). It runs an e-commerce site, catering to a wide range of mesh-related needs.

The company’s website showcases a diverse product range, from gabion baskets and fencing mesh to security lathing and decorative expanded metal. It serves both industrial and commercial clients, offering bespoke solutions and even restoration services for pianos – a surprising, related venture. Customer testimonials highlight the company's efficiency and quality products, with one praising the use of gabion baskets in a development project. The site also features a gallery of customer projects, demonstrating the versatility of its products.

Financially, Fine Mesh Metals Ltd shows some concerning trends. Cash bank on hand dropped significantly by 32% to £840,000, while current assets decreased by 26% to £1,100,000. Creditors fell by 58% to £340,000, which is good, but the company’s net assets rose by 56% to £210,000, which is a little odd. Bank borrowings surged by 2,400% to £29,000, and trade debtors increased by 890% to £91,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the sharp decline in cash reserves and increase in debt is something to keep an eye on. The company is exempt from an audit, so the figures are unaudited.

While the e-commerce side appears active and well-reviewed, the financials reveal some strain. Whether this is typical for a company of this size or a longer-term challenge remains to be seen—but for now, Fine Mesh Metals Ltd is betting on its niche market and customer satisfaction to turn the tide.

Registered in England/Wales under the registration number 03155784, with a registered address at DY8 1LU, Stourbridge, West Midlands, 15/17 Church Street.

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