Finelite Limited

Finelite Limited is a small, active company based in Penkridge, Staffordshire, UK. Founded eighteen years ago in December 2006, it's a family business with a solo founder and currently employs five people. The company holds assets totaling £1,333,185 and operates from a real address at Unit 8 Pillaton Hall Farm. With two directors and three owners (though this list may not be exhaustive), Finelite is a relatively small operation.

Finelite specializes in the wholesale of other intermediate products, with a particular focus on importing and exporting iron or steel products. They’re a regular importer, having imported these products for 389 months, with the most recent import occurring in February 2025. They also export these products, having done so for 38 months, with the last export in November 2023. Their website showcases a wide range of products, from solar installation kits to fasteners and electrical components, indicating a diverse customer base. They even have a section for information, which is good.

Financially, Finelite shows a mixed picture. Creditors decreased by 14%, which is a positive sign, suggesting better debt management. However, bank borrowings increased by 8.4%, reaching £350,000, and cash reserves dropped by 9.9%, leaving only £42,000. Equity, however, saw a significant increase of 16%, rising to £790,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small entity.

Despite these financial shifts, Finelite appears to be a stable, albeit growing, business. The increase in bank borrowings might indicate investment in inventory or expansion, while the rising equity suggests a healthy bottom line. With a focus on specialized products and a commitment to customer service, Finelite seems well-positioned to continue its growth trajectory.

Registered in England/Wales under the registration number 06034102, with a registered address at ST19 5RZ, Penkridge, Staffordshire, Unit 8 Pillaton Hall Farm, Cannock Road.

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