Midland Elements Limited

Midland Elements Ltd from Stoke On Trent UK: small company, holding company, active status, founded 30 years ago, 14 employees, £3,162,076 assets, real address, 2 directors, 1 owner, google rating 4.0 based on 4 reviews. Regular importer of electrical machinery and equipment (53 months imported). Regular exporter of electrical machinery and equipment (37 months exported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the manufacture of other fabricated metal products n.e.c. industries. Officially, it has one owner or PSCs, two directors, and fourteen employees.

The company’s website is not available for analysis, so it’s difficult to determine if they operate an e-commerce site or primarily serve business-to-business customers. However, their focus on electrical machinery and equipment suggests a specialized industrial supplier rather than a consumer-facing retailer.

Financially, Midland Elements Ltd shows a mixed picture. While current assets increased by a healthy 48% to £3.1 million, net assets also increased by 46% to £2.6 million. However, bank borrowings have surged by 2,400%, reaching £29,000, and cash reserves fell 57% to £280,000. Creditors have also increased by 46% to £510,000. The increase in borrowings could be a sign of investment in growth or perhaps a response to rising costs. The increase in creditors suggests they may be managing payments more carefully, but it’s worth noting that 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 stay agile. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

The company’s long history—thirty years in operation—is a testament to its resilience and adaptability. The directors, Smith Simon and Smith Carrie-anne, have clearly steered the company through various economic cycles. The company’s regular import and export activity—particularly its focus on electrical machinery and equipment—indicates a well-established supply chain and a global reach. The company owns a company: High Temperature Elements Limited, which may be a related business.

Registered in England/Wales under the registration number 02979032, with a registered address at ST3 1HU, Stoke On Trent, Staffordshire, 58 Sutherland Road, Longton.

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