Jph Steelworks Limited

Jph Steelworks Ltd from Leicester UK: a small holding company with an active status, was founded 20 years ago. The company employs seven people and holds assets worth £1,078,340. It has a real address, two directors, and one owner, boasting a perfect 5.0 Google rating from three reviews. Regular importer of iron or steel products, with three months of import activity recorded.

The company operates in the manufacture of other fabricated metal products, and its website showcases a business specializing in crash barrier supplies. It offers a wide range of products, from bespoke fabrications to standard steel bollards, catering to the trade and even offering a direct-to-consumer option. The website highlights a commitment to quality, with coded welders and adherence to industry standards like BS 4872 and BS 1461. The company also provides installation advice and even offers a gallery showcasing past projects.

Financially, Jph Steelworks Ltd shows a mixed picture. Cash bank on hand increased by 12% to £490,000, which is good. However, trade debtors also increased by 9% to £370,000, which might indicate some payment delays. Creditors jumped significantly, rising 85% to £200,000, and bank borrowings increased by 180% to £140,000, suggesting the company is taking on more debt. Despite these changes, retained earnings grew by 2.1% to £890,000. Furniture fittings increased by 26%, but plant machinery saw a smaller increase of just 4.8%. The company is small, meeting two of three conditions for that designation, and is exempt from an audit, relying on unaudited statements.

The increase in debt, while concerning, could be linked to investment in new equipment or expansion of operations. The company’s strong Google rating and focus on quality suggest it's well-regarded in its niche, but keeping a close eye on debt levels will be important for long-term sustainability.

Registered in England/Wales under the registration number 05445244, with a registered address at LE8 0QS, Leicester, 19 Saddington Road, Smeeton Westerby.

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