Industrial & Precious Metals Limited

Industrial & Precious Metals Ltd, based in Solihull, UK, is a small, family-run business with an active status. Founded nineteen years ago in 2006, it employs four people and holds £80,774 in assets. With three directors and two owners, the company operates from a real address, and is registered with only one other company at the same location. It's a regular importer of electrical machinery and equipment, with 29 months of import activity recorded, the last in December 2024. Export activity is irregular, with just one month of activity recorded in December 2024, also involving electrical machinery and equipment.

The company's website details a business established in 2006 specializing in supplying fabricated and semifabricated precious metal products and their alloys. It highlights knowledge gained from over 35 years in the industry and close relationships with leading mills. Customers range from lightswitch manufacturers to analytical instrument producers, and even the glass industry. The website emphasizes providing technical support and catering to both small-scale bespoke projects and high-volume manufacturing needs. It encourages inquiries and offers assistance with sourcing materials and solutions.

Financially, Industrial & Precious Metals Ltd presents a concerning picture. Current assets have plummeted by 70%, dropping to £81,000, while net assets have also decreased significantly, falling 77% to just £38,000. Cash reserves have suffered a dramatic 70% reduction, down to £54,000. Trade debtors have also decreased substantially, dropping 70% to £25,000. Creditors have reduced by 51%, to £57,000, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity and cash raises questions about its financial health. No auditor is mentioned, likely due to its small size, so the figures are unaudited. The company’s accounts were prepared by Langard Lifford Hall Limited.

Registered in England/Wales under the registration number 05693521, with a registered address at B94 5HP, United Kingdom, Solihull, West Midlands, Brackendale Rushbrook Lane, Tanworth In Arden.

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