High Performance Metals Ltd

High Performance Metals Ltd from Baldock UK: a small, active company founded eight years ago, employs two people, and holds £154,980 in assets. With two directors and one owner, it maintains a respectable 4.0 Google rating based on six reviews. The company is a regular importer of nickel and nickel products, with activity spanning seven months, the last operation occurring in January 2025.

The company operates in the wholesale of metals and metal ores industries, and is a small business as it meets two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. Its website, voestalpine, is a massive platform showcasing a global steel and technology group. It's not an e-commerce site, but rather a corporate website with extensive information about the company’s operations, products, and services. The site highlights various divisions, locations, and initiatives, including sustainability efforts, innovation, and employee engagement. The website also contains a large FAQ section, and a blog.

Financially, High Performance Metals Ltd presents a mixed picture. Accumulated depreciation has increased, particularly in plant machinery and motor vehicles, suggesting ongoing investment in equipment. Bank borrowings have decreased, a positive sign, while cash reserves have seen a substantial increase, jumping 80% to £52,000. However, current assets have also increased by 11% to £150,000, and creditors have risen by 33%, which could indicate growing operational expenses. Trade debtors have also increased by 20%, suggesting the company may be experiencing some delays in receiving payments. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, High Performance Metals Ltd appears to be holding its own, but the rising creditors and debtors warrant close monitoring. The company’s connection to the larger voestalpine group provides stability, but its own financial health will depend on maintaining efficient operations and managing its working capital effectively.

Registered in England/Wales under the registration number 10647543, with a registered address at SG7 5BJ, United Kingdom, Baldock, 13 The Sycamores.

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