P & K Limited

P & K Limited, based in Bilston, UK, is a small, active company founded 19 years ago in 2005. With £1,048,731 in assets and a real registered address, it employs 19 people and is overseen by three directors and one owner. The company has a stellar 5.0 Google rating based on one review. P & K Limited regularly imports iron or steel products, with eight months of import activity recorded, the last operation in August 2023.

The company operates in the manufacture of tubes, pipes, hollow profiles and related fittings, of steel industries. It's a small company as it met two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The website, while not detailed, suggests a focus on industrial components.

Financially, P & K Limited shows some interesting trends. Cash bank on hand increased by 35% to £890,000, a positive sign. However, net losses deepened, and fixed assets increased by 53% to £120,000, which could indicate investment in equipment. Trade debtors decreased by 19%, suggesting better debt management. The number of employees dropped significantly, from 19 to just 8, which could be due to restructuring or changing market conditions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, P & K Limited appears to be navigating a period of change. The increase in cash reserves is encouraging, but the decrease in employees and the deeper net losses warrant closer attention. Whether the company can sustain its growth in the competitive steel industry remains to be seen.

Registered in England/Wales under the registration number 05511509, with a registered address at WV14 7EG, England, Bilston, West Midlands, Unit 2, Bilston Industrial Estate, Oxford Street.

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