Ogden (transteel) Limited

Ogden Transteel Ltd, based in Blackpool, UK, is a small, active company that's been around for 37 years. With just six employees and £3,071,549 in assets, it’s a modest operation, run by two directors and a single owner. The company operates a real address and has an e-commerce site, regularly importing and exporting iron or steel products—19 months of imports and 9 months of exports, respectively.

The company’s website showcases a range of services, including steel supply, cutting, welding, shot blasting, and lab testing. It’s a supplier of steel tubing, road plates, and piling tubes, catering to industries like civil engineering and manufacturing. They even boast a nationwide coverage and 24-hour delivery service. The site highlights a “service second to none” and emphasizes quality and reliability.

Financially, Ogden Transteel Ltd presents a mixed picture. Cash reserves have increased dramatically, jumping 120% to £2,000,000, which is a good sign. However, net assets also increased by 26% to £2,100,000. Liabilities have also risen, with creditors increasing by 140% to £1,200,000. The company's bank borrowings have also increased by 2,400%, reaching £29,000. Prepayments and accrued income have increased by a whopping 7,300%, reaching £110,000. 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 increased liabilities suggest a need to manage cash flow. As a small company, it’s exempt from an audit, so the figures are unaudited. The company’s recent increase in bank borrowings and liabilities, while concerning, could be a strategic move to support growth and expand its operations in the steel industry.

Registered in England/Wales under the registration number 02141205, with a registered address at FY4 5GP, England, Blackpool, Unit 1, Baron's Court Graceways, Whitehills Business Park.

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