London Metals Limited

London Metals Limited, based in London, UK, is a large, active company established 44 years ago in 1980. Employing 11 people, the company holds £7,097,823 in assets and generates £22,552,212 in yearly revenue. With three directors and one owner, the business operates from a real address and is a regular importer of nickel and nickel products (4 months) and a regular exporter of copper and copper products (36 months).

The company’s website showcases London Metals Limited as a global provider of trading, financing, storage, and distribution of metals, specializing in primary and secondary non-ferrous metals, ferro-alloys, minor metals, and chemicals. The site highlights a commitment to reliability, a 40-year history, and a global network, emphasizing client satisfaction and quality certifications like ISO14001 and ISO9001. The website also mentions a LondonMetals trading site, suggesting a separate online trading platform.

Financially, London Metals Limited presents a mixed picture. While turnover remained stable at £23 million, comprehensive income decreased by a significant 86%, falling to just £100,000. Cash bank on hand declined by 13%, settling at £1.3 million, and net assets increased slightly to £7.9 million. However, accrued liabilities decreased by 41%, and debtors increased by 31%, which could indicate challenges in collecting payments. Bank borrowings, however, remained consistent. The company’s large size (meeting two of three criteria for a large company) suggests a stable business, but the decrease in profit raises questions. The lack of an auditor mentioned (likely exempt due to its size) means the financial data is unaudited.

The company’s focus on international trade and its established reputation, combined with its financial results, suggest a business navigating a competitive market. The decrease in profit could be attributed to various factors, such as fluctuating metal prices or increased operating expenses. It’s likely that the company is adapting to these challenges, but further monitoring of its financial performance is warranted.

Registered in England/Wales under the registration number 01494995, with a registered address at N1 8GB, London, Angel Waterside, 10 Graham Street.

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