Global Metal Finishers Limited

Global Metal Finishers Ltd, based in Wolverhampton, UK, is a holding company with an active status, celebrating 26 years in business. Employing 114 people, the company holds assets totaling £5,258,403. With a real address and three directors, it's a well-established operation, founded by a solo entrepreneur, Dudrah Ranjit. It boasts a solid 4.0 Google rating from five reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 25 months of import activity and 39 months of export activity.

The company’s website is minimal, offering little insight into its operations beyond its core business: metal finishing and plating. It appears to be a B2B operation, catering to industrial clients rather than direct consumers. There’s no e-commerce presence, suggesting sales are handled through direct contact and quotations.

Financially, Global Metal Finishers Ltd presents a mixed picture. While turnover remained steady at £10.8 million, net assets increased by a substantial 40% to £3.8 million. However, bank borrowings also increased by 15% to £1.3 million, and cash reserves dipped by 10% to £100,000. Creditors decreased by 5%, indicating improved debt management. The company’s staff costs increased by 12% to £4.2 million, reflecting its workforce of 114. The accounts are unaudited, and no auditor firm is mentioned, likely due to the company’s size.

The increase in net assets suggests successful operations, but the rising bank borrowings warrant closer attention. The company’s continued investment in plant and machinery, with additions totaling £280,000, indicates a focus on maintaining and expanding its capabilities. It’s likely that the company is navigating the challenges of rising material costs and labor shortages, but its strong asset base and experienced management team should position it well for the future.

Registered in England/Wales under the registration number 03674102, with a registered address at WV2 4QT, Wolverhampton, West Midlands, Unit 1 Moorfield Road, Off Upper Villiers Street.

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