Miers Construction Products Limited

Miers Construction Products Ltd, based in Sheffield, UK, is a holding company with an active status, established 14 years ago. The company employs 116 people and boasts assets of £19,792,466. While it has a registered address, seventy-eight companies are registered there, suggesting a virtual address. Two directors oversee operations, with one owner holding the majority stake. The company regularly imports and exports iron or steel products, with 70 months of import activity and 5 months of export activity recorded.

The company operates as a distributor of construction products, offering a wide range of items from brickwork products to waterproofing solutions. Its website showcases a commitment to quality and customer service, highlighting partnerships with leading brands like Visqueen and Timloc. It also has six separate depots, and prides itself on offering a very wide range of products. The company has a dedicated sales team and offers a professional service.

Financially, Miers Construction Products Ltd presents a mixed picture. Current assets have increased by 3%, reaching £20,000,000, while net assets have increased by 15%, reaching £14,000,000. Bank borrowings have decreased by 21%, reaching £1,300,000. Creditors have decreased by 16%, suggesting improved debt management. However, cash bank on hand has increased significantly by 590%, reaching £2,700,000. The company’s relatively 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, but the strong cash position suggests a period of stability. The accounts are audited by Peters Elworthy & Moore, providing a degree of assurance.

Overall, Miers Construction Products Ltd appears to be a stable and well-managed holding company, benefiting from a broad product range and a strong supplier network. The company's financial health is solid, and it is well-positioned for continued growth.

Registered in England/Wales under the registration number 07284730, with a registered address at S9 1XH, United Kingdom, Sheffield, Adsetts House 16 Europa View, Sheffield Business Park.

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