Padley & Venables Limited

Padley & Venables Limited, based in Sheffield, UK, is a large, active company established 32 years ago. Employing 196 people and boasting assets of £23,899,869, it’s a significant player in its sector. The company, overseen by one director and one owner, maintains a perfect 5.0 Google rating based on a single review, reflecting a strong reputation. It regularly imports and exports basic metal tools and utensils, with 183 months of import activity and 225 months of export activity recorded, the latest in January 2025.

The company's website highlights its expertise in manufacturing drilling equipment, demolition tools, and rolled steel products. It caters to a wide range of industries, including quarrying, mining, tunneling, construction, and civil engineering. Product lines include rock drilling tools, demolition tools, and contractors' tools, with a focus on quality and compatibility. The website also features a news section showcasing recent events, such as participation in the Bauma Munich exhibition and support for the 47th Intercollegiate Mining Games. The company is currently hiring an Export Area Sales Manager.

Financially, Padley & Venables Limited presents a mixed picture. While cash reserves increased by 110% to £3.3 million, net assets decreased by 2.4% to £27 million. Bank borrowings decreased by 64% to £11,000, and trade creditors decreased by 35% to £990,000. However, net losses deepened significantly, rising by 160% to -£700,000. The company’s large size (meeting two of three criteria for a large company: turnover over £36 million, balance sheet over £18 million, and over 250 employees) suggests a robust operation, but the substantial loss raises concerns. The company’s financial statements were audited by BHP LLP. It seems like the company is facing some financial challenges, but it’s still a large and well-established player in its market.

Registered in England/Wales under the registration number 02778086, with a registered address at S18 2XT, Sheffield, Callywhite Lane, Dronfield.

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