Highley Steel Limited

Highley Steel Ltd from Stourbridge, UK, is a small, holding company with an active status, established 16 years ago in 2009. The company employs 16 people and holds assets valued at £3,342,983. It operates from a real address and is overseen by four directors and two owners, though it's important to note that the owner list may not be exhaustive. Highley Steel is a regular importer and exporter of iron and steel, with 162 months of import activity and 8 months of export activity recorded, the latest being February 2025 for imports and November 2024 for exports.

The company's website showcases a focus on precision steel processing, offering a range of products like cold-rolled strip, wire, and stainless steel, catering to industries like automotive, construction, and aerospace. It's not an e-commerce site; instead, it functions as a business-to-business supplier, highlighting its services such as precision tolerance slitting, winding, and edge dressing. The website emphasizes quality, European standards, and tailored solutions for specific customer needs.

Financially, Highley Steel Ltd’s recent performance presents a mixed picture. Current assets have decreased by 29%, dropping to £3,300,000, while net assets have fallen by 35%, settling at £550,000. Trade debtors have also declined by 27%, reaching £990,000. However, cash bank on hand has significantly increased by 190%, rising to £210,000. Creditors have seen a substantial reduction of 28%, decreasing to £2,800,000. Bank overdrafts remain steady at £2,500,000. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decline in equity warrants attention. The company’s unaudited accounts, exempt due to its small size, rely on director-reported data. The increase in cash reserves is a positive sign, but the decrease in net assets suggests potential challenges in profitability or investment. The company’s focus on specialized steel processing and its established relationships with various industries likely contribute to its ongoing operations.

Registered in England/Wales under the registration number 06880960, with a registered address at DY8 1JN, Stourbridge, West Midlands, Block F Bays 3 & 4, Mill Race Lane Stourbridge Trading Estate.

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