Metals Precious Ltd

Metals Precious Ltd is a small, active company based in London, UK, founded two years ago in January 2023. It's a solo founder operation with one director and owner, Cohen Adam Baron. The company operates from a real address and meets two of the three conditions to be considered small: turnover under £10.2 million and a balance sheet total under £5.1 million, with less than 50 employees.

The company’s website, Industrial Precious Metals Ltd, reveals a business specializing in the supply of fabricated and semifabricated precious metal products and their alloys. Established in 2006, it boasts over 35 years of experience in the precious metal industry, working closely with respected mills worldwide. It serves a diverse range of customers, from producers of domestic light switches to complex analytical instruments, offering technical support and catering to both one-off bespoke projects and high-volume manufacturing. The site emphasizes competitive pricing and a commitment to providing the best materials and solutions for various applications.

Financially, Metals Precious Ltd presents a mixed picture. Cash reserves remain steady at £6,100, but creditors have remained at £320,000. Equity is at £44,000, while net assets are also at £44,000. The company’s net current assets are negative at -£320,000, indicating a reliance on short-term borrowing. While the company’s small size helps it remain agile, the significant negative net current assets and lack of employee data (zero reported) suggest a tightrope walk. The accounts are unaudited and classified as "Filleted Accounts," meaning they are exempt from a full audit, and the company is not required to obtain one.

Registered in England/Wales under the registration number 14620350, with a registered address at E14 8PX, United Kingdom, London, Greater London, 10 - 16 Tiller Road Tiller Road.

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