Metal Polishing Engineers Limited

Metal Polishing Engineers Ltd from Hirwaun, UK, is a small, active company established 35 years ago. Employing 34 people and holding assets of £796,300, it’s a well-established operation with a real address and three directors, overseen by a single owner. A 4.0 Google rating from five reviews suggests good customer satisfaction. The company irregularly imports machinery, boilers, and mechanical appliances, with the last import activity recorded one month ago in March 2021.

The company operates in the manufacture of other fabricated metal products, a niche sector requiring specialized skills. While no website was found, this suggests a business focused on direct sales or supplying larger manufacturers rather than direct consumer engagement.

Financially, Metal Polishing Engineers Ltd shows a mixed picture. Current assets have decreased by 16%, dropping to £800,000, while net assets have fallen by 5.2%, settling at £640,000. Bank borrowings have also decreased, a positive sign, and cash reserves have dropped significantly by 41%, down to £330,000. Creditors have increased by 6.4%, which could be a result of increased activity. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in cash reserves warrants attention. The company is exempt from an audit, so the figures are unaudited.

The decrease in employee numbers, from 34 to 31, might indicate restructuring or seasonal fluctuations, but it’s something to keep an eye on. Overall, Metal Polishing Engineers Ltd appears to be a stable, albeit somewhat challenged, business navigating a competitive market.

Registered in England/Wales under the registration number 02410242, with a registered address at CF44 9UP, United Kingdom, Hirwaun, Mid Glamorgan, Units 6 & 7 Hirwaun Industrial Estate.

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