Metal Wizards Limited

Metal Wizards Limited, based in Rugeley, UK, is a small, holding company with an active status. Founded thirteen years ago in 2012, it employs seven people and holds £282,449 in assets. With three directors and one owner, Joanna Harlow, the company operates from a real address at Riverside Industrial Estate and functions as an irregular importer of iron and steel, with the last import activity recorded one month ago in December 2024.

The company’s website is currently unavailable, making it difficult to assess its online presence and sales channels. However, its core business involves the manufacture of other fabricated metal products, suggesting a focus on industrial production rather than direct-to-consumer sales.

Financially, Metal Wizards Limited presents a mixed picture. While current assets have increased by a significant 96% to £280,000, net assets have decreased by 66% to -£30,000. Bank borrowings have been reduced by 90% to £1,000, and cash reserves have fallen by 49% to £1,600. Creditors have increased by 40%, and trade debtors have decreased by 42%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline is concerning. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The increase in creditors, particularly non-financial instruments, suggests the company is relying more on credit from suppliers. The decrease in trade debtors could be a positive sign of improved payment collection, or it could indicate a reduction in sales. Overall, Metal Wizards Limited appears to be navigating a challenging financial landscape, and it’s likely that management is focused on improving profitability and managing debt.

Registered in England/Wales under the registration number 07935844, with a registered address at WS15 2YR, Rugeley, Staffordshire, Unit 11-12 Riverside Industrial Estate, Power Station Road.

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