James And Steel Limited

James And Steel Ltd from Cinderford UK: a small company with an active status, was founded 28 years ago in 1997. The business employs 14 people and holds £1,722,840 in assets. With five directors and one owner, it operates from a real address and regularly imports leather goods, travel bags, and animal harnesses (101 months) while exporting toys, games, and sports equipment (39 months).

The company’s website showcases a focus on pet products, specializing in them for over 25 years. A “Data Bank” feature allows customers to easily access images, videos, and marketing materials—a clever way to support its retail partners. The website also highlights a separate division focused on piano restoration, a high-end venture with a showroom in Harrods, London. It’s a surprising contrast to the more down-to-earth pet product business.

Financially, James and Steel Ltd presents a mixed picture. Current assets have decreased by 11%, dropping to £1,700,000, while net assets have also declined slightly. Bank borrowings have been reduced significantly, falling by 29%, and cash reserves have plummeted to a mere £280. Creditors have also decreased, suggesting improved debt management. The company’s small size (meeting two of three conditions for being classified as small) allows for agility, but the significant drop in cash reserves is something to keep an eye on. There’s no mention of an auditor, likely due to its status as a small company.

Overall, James and Steel Ltd seems to be navigating a period of change. While the pet product business remains a steady presence, the company’s financial results suggest a need for careful management. The piano restoration division, with its prestige and high-end clientele, could offer a valuable source of revenue—but it’s unclear how well the two businesses complement each other.

Registered in England/Wales under the registration number 03321440, with a registered address at GL14 2YF, England, Cinderford, Gloucestershire, Oxford House Broadmoor Park, Forest Vale Industrial Estate.

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