Kuusakoski Limited

Kuusakoski Limited, based in Sheffield, UK, is a large holding company with an active status. Founded eighteen years ago in 2006, the company employs twenty-six people and holds assets totaling £9,951,826. It operates from a real address and is overseen by three directors and one owner. The company boasts a Google rating of 3.0 based on eleven reviews. Kuusakoski Limited is a regular importer of nickel and nickel products, having imported for fifty months, with the most recent operation in February 01, 2025. It also exports iron and steel, with four months of export activity, the last occurring in June 01, 2024.

The company operates within the wholesale of metals and metal ores industries, acting as a key player in the recycling and metal processing sector. While a website isn't readily available, the company's activities suggest a business-to-business model, likely supplying raw materials to manufacturers and other industrial clients. It’s unlikely to be an e-commerce operation.

Financially, Kuusakoski Limited’s recent performance shows a mixed picture. Current assets have decreased by 28%, dropping to £10 million, while net assets have fallen by 6.9% to £8 million. Bank borrowings have increased by 35%, reaching £1.1 million, and cash reserves have risen by 67% to £5.6 million. Despite these shifts, the company’s significant assets and increased cash reserves indicate a degree of financial stability. Creditors have also decreased by 47%, suggesting improved debt management. The company’s size—meeting two of three criteria for a large company—and the lack of an auditor mentioned (likely exempt due to its size) mean the financial data relies on unaudited statements.

The significant drop in profit loss, from £3.3 million to £1.2 million, is a positive trend, though the reasons behind it are unclear. It could be attributed to changes in market conditions, fluctuations in metal prices, or strategic shifts in operations. The increase in bank borrowings could indicate investment in new equipment or expansion of facilities, while the decrease in creditors suggests better control over short-term liabilities. Overall, Kuusakoski Limited appears to be navigating a complex market, maintaining a solid asset base while adapting to changing financial conditions.

Registered in England/Wales under the registration number 05946437, with a registered address at S9 3XZ, England, Sheffield, Crown Works, Faraday Road.

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