Professional Polishing Services Limited

Professional Polishing Services Ltd, based in Warley, UK, is a small, family-run business with an active status, celebrating 51 years in operation. The company employs 23 people and holds assets totaling £456,697. With six directors and two owners, it’s a well-established entity with a real address and a history dating back to March 6, 1974. While primarily known as a regular exporter of iron and steel (14 months of export activity), it also engages in irregular importing of machinery, boilers, and mechanical appliances (1 month of import activity).

The company operates within the treatment and coating of metals industries, providing services to a range of clients. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company's website is not available.

Financially, Professional Polishing Services Ltd’s recent performance shows a mixed picture. Accumulated depreciation impairment for plant machinery has remained steady, while the number of employees has decreased slightly. Bank borrowings have significantly reduced, from £280,000 to £200,000, and cash reserves have surged, increasing by 1700% to £38,000. However, creditors have increased, and net assets have declined slightly. The company’s trade debtors have increased, suggesting potentially delayed payments.

Despite these fluctuations, the company's long-standing presence and consistent export activity suggest a degree of stability. The lack of an auditor mentioned is likely due to its status as a small company, meaning the financial statements are unaudited. Overall, Professional Polishing Services Ltd appears to be navigating a period of change, with both challenges and opportunities on the horizon.

Registered in England/Wales under the registration number 01162175, with a registered address at B66 2DZ, Warley, West Midlands, 18b Parkrose Industrial Estate, Middlemore Road Smethwick.

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