Optima Stainless Limited

Optima Stainless Ltd, based in King’s Lynn, UK, is a large, active family business founded fifteen years ago in 2009. Employing 131 people, the company boasts £11.44 million in assets and operates from a real address at Hamlin Way. It's led by two directors and two owners, with a perfect 5.0 Google rating from 31 reviews. The company regularly imports iron or steel products—a total of 82 months—with the latest import occurring in January 2025.

The company’s website describes Optima Metal Services as a one-stop shop for metal needs, offering stockholders, processors, and laser cutting services. They supply stainless steel, mild steel, and aluminium, and offer services like flat bed laser cutting and tube laser cutting. They have three locations: King's Lynn, Corby, and Great Yarmouth. The website also highlights a history dating back to 1992, initially operating from a family home and growing into a 60,000 sq ft warehouse.

Financially, Optima Stainless Ltd shows a mixed picture. Current assets decreased by 19%, falling to £11 million. Bank borrowings saw a significant drop of 32%, reaching £2.2 million, and cash reserves also declined by 18%, sitting at £2.6 million. However, net assets increased by 5.9%, reaching £13 million. Despite a decrease in administrative expenses by 33%, the company’s profit loss decreased by 80%, dropping to £700,000. The company's creditors decreased by 26%, suggesting improved debt management. The company is audited by Jamieson Alexander Audit Limited.

The company’s large size—meeting two of three conditions for being considered large—suggests a stable operation, but the decline in profitability raises questions. The continued import activity and expanding range of services indicate a commitment to growth, but the company will need to address the drop in profits to ensure long-term success.

Registered in England/Wales under the registration number 07014617, with a registered address at PE30 4NG, King's Lynn, Norfolk, Optima Stainless, Hamlin Way.

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