Jms Metaltec Ltd

Jms Metaltec Ltd, based in Coleraine, Northern Ireland, is a small, active family business established ten years ago. Employing 45 people, the company holds £1,512,156 in assets and operates from a real address at 2 Tamlaght Road, Kilrea. With three directors and three owners, Jms Metaltec specializes in the manufacture of metal structures and parts, and is an irregular importer of iron or steel products, with the latest import activity occurring in September 01, 2024.

The company’s website highlights its capabilities in laser cutting, tube laser cutting, folding, fabrication, finishing, and laminations—all underpinned by cutting-edge technology like Amada lasers and presses. Jms Metaltec serves a diverse range of sectors, including construction, agriculture, and renewables, and prides itself on innovation, quality, and customer satisfaction. A section dedicated to client testimonials speaks volumes about their collaborative approach and reliable service.

Financially, Jms Metaltec shows a mixed picture. While cash reserves have impressively surged by 750%, reaching £280,000, net assets have also increased by 47% to £930,000. However, bank borrowings have increased by 12% to £11,000, and trade debtors have risen by 18% to £890,000. Creditors have also increased by 14% to £1,200,000. The company meets the criteria for a small business, with turnover below £10.2 million, assets below £5.1 million, and fewer than 50 employees. The company’s average number of employees has increased by 18% to 53. The lack of an auditor mentioned suggests the company is exempt from an audit.

Overall, Jms Metaltec appears to be navigating a period of growth, but the increase in both debts and receivables suggests a need to manage cash flow carefully. The company's family-run nature and focus on quality position it well for continued success, but keeping an eye on financial trends will be crucial.

Registered in Northern Ireland under the registration number NI626389, with a registered address at BT51 5UL, Northern Ireland, Coleraine, 2 Tamlaght Road, Kilrea.

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