Pre-met Limited

Pre-Met Limited, based in Redditch, Worcestershire, UK, is a sizable company with a history spanning 52 years. Established in 04/25/1973, it currently employs 57 people and holds assets totaling £3,384,538. The company’s yearly revenue sits at £5,550,804, positioning it as a large entity meeting two of three criteria for size. It operates as a holding company and maintains an active trading status. Three directors and one owner manage the business, which has a respectable Google rating of 4.0 based on seven reviews.

Pre-Met specializes in forging, pressing, stamping, and roll-forming metal, alongside powder metallurgy. It’s a regular importer, primarily bringing in machinery, boilers, and mechanical appliances; parts, with 60 months of import activity recorded, the last in February 2022. Exporting iron or steel products for 121 months, with the most recent shipment in January 2025, further diversifies its business.

A review of the company’s financial data reveals some interesting trends. While cash reserves increased by a healthy 62%, reaching £1.9 million, net losses deepened to £720,000. Trade debtors increased significantly, suggesting potential issues with customer payments, and bank borrowings surged, indicating a reliance on external financing. Creditors decreased, which is a positive sign, suggesting improved debt management. The company’s assets are held at £2.9 million, and the company’s net assets are at £2.8 million.

The company’s auditor is Kreston Reeves LLP. The financial statements were authorised on December 08, 2023. The company’s small size exempts it from needing to publish its own profit and loss account. The company’s website, premet.co.uk, showcases its capabilities and services. Overall, Pre-Met Limited appears to be navigating a challenging economic climate, but its established presence and diverse operations suggest a degree of resilience.

Registered in England/Wales under the registration number 01110007, with a registered address at B98 7HJ, Worcestershire, Studley Road., Redditch..

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