Moores Metals Limited

Moores Metals Ltd, based in Stoke-On-Trent, UK, is a sizable operation, holding company, and active since its founding 35 years ago. The company employs 34 people and boasts assets totaling £6,609,897. With three directors and two owners, and a respectable Google rating of 4.0 from 18 reviews, it appears well-managed. The company has a real address and is irregular exporter of iron and steel, with just one month of export activity recorded.

The company's website paints a picture of a leading scrap metal processing facility in the North Midlands. Moores Metals offers a comprehensive range of services, from ferrous and non-ferrous metal recycling to end-of-life vehicle processing and battery recycling. It operates two sites, one in Hartshill and a larger 4-acre facility just off the A500, open six days a week. The website highlights the company’s 100 years of metal recycling experience and its commitment to fast, friendly service. It's a family-run business with a long history in the industry.

Financially, Moores Metals Ltd shows some concerning trends. While revenue remained stable at £17 million, net assets dropped by 12%, settling at £6.5 million. Bank borrowings increased by 30%, reaching £500,000, and cash reserves declined by 10% to £3 million. Trade creditors rose by 29%, suggesting potential challenges in managing short-term debts. However, the company’s assets remain substantial, and the decrease in deferred tax credit suggests better tax planning. The company is a medium-sized business, meeting two of three criteria for turnover, assets, and employees, and the accounts are unaudited. DJH Audit Limited performed the audit.

Overall, Moores Metals Ltd appears to be a well-established player in the scrap metal industry, but the recent financial trends warrant close monitoring. The company’s long history and commitment to customer service provide a strong foundation, but managing debt and maintaining cash flow will be critical for its continued success.

Registered in England/Wales under the registration number 02474585, with a registered address at ST6 4PB, United Kingdom, Stoke-On-Trent, Longport Works, Chemical Lane.

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