Metcat Ltd

Metcat Ltd, based in Brierley Hill, UK, is a small holding company with an active status, established thirteen years ago. Employing twelve people, the company holds £3,000,564 in assets and generates a substantial £17,358,084 in yearly revenue. While it has a registered address, it's likely a virtual one, as forty-nine companies share the same location. Two directors and one owner oversee operations, with J Bridgwood Holdings Ltd as the parent company. Metcat Ltd regularly imports machinery, boilers, and mechanical appliances—parts, for four months of the year, and exports copper and copper products for ten months.

The company’s website highlights its core business: metal recycling. It’s a family-run operation, offering services from purchasing scrap metal to processing and collection. A key element is the sale of catalytic converters, with a focus on advanced in-house equipment and strong terms for suppliers. The site even features an app for real-time pricing and a gallery showcasing their work. It's clear that Metcat Ltd is targeting both trade and public customers, emphasizing speed, efficiency, and competitive pricing.

Financially, Metcat Ltd’s recent performance shows a mixed picture. Accumulated amortisation impairment of intangible assets increased by 33%, while depreciation impairment of property, plant, and equipment decreased by 100% for leased assets. Administrative expenses rose by 14%, and turnover increased by 17% to £17,358,084. However, net assets decreased by 0.63% to £1,700,000, and cash bank on hand fell by 64% to £150,000. Bank borrowings decreased by 33%, and trade debtors increased by 550%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in cash reserves is something to keep an eye on. The financial statements were audited by Poole Waterfield Limited.

Overall, Metcat Ltd appears to be a stable business, but the recent financial trends suggest a need for careful management of cash flow and a continued focus on operational efficiency.

Registered in England/Wales under the registration number 07980440, with a registered address at DY5 1XH, England, Brierley Hill, West Midlands, Ground Floor, Custom House, Waterfront East.

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