Pulham Steels Limited

Pulham Steels Ltd, based in Dorchester, UK, is a large, active family business founded 29 years ago. Employing 25 people, the company boasts substantial assets of £5,256,896 and generates yearly revenue of £8,879,014. With four directors and two owners, it holds a perfect 5.0 Google rating from nine reviews. Regular importer of iron and steel (70 months imported), Pulham Steels operates from a real address and serves the agricultural, domestic, commercial, and construction sectors.

The company’s website showcases a wide range of steel products, from beams and reinforcement to railway sleepers and motorway crash barriers. It offers cutting, delivery, priming, and steel processing services, emphasizing quick turnaround times and a large stock of approximately 3000 tonnes. A crane offload service is also offered on most deliveries. The website clearly positions Pulham Steels as a regional leader, combining the service of an independent, family-run company with extensive stocks and modern machinery.

Financially, Pulham Steels exhibits some concerning trends. While turnover remained steady at £8,879,014, net assets decreased by 11% to £2,800,000. Bank borrowings increased by 11%, reaching £1,300,000, and cash reserves fell by 33% to £1,900,000. Creditors, however, decreased by 13%, suggesting improved debt management. The company meets the criteria for a large company, with turnover exceeding £36 million, balance sheet total over £18 million, and more than 250 employees. The lack of auditor information suggests the company is exempt from an audit.

Overall, Pulham Steels Ltd appears to be a well-established business with a strong regional presence. However, the declining cash reserves and increasing bank borrowings warrant close monitoring. The company’s family ownership and commitment to customer service are likely key factors in its continued success, but navigating the current economic climate will be crucial for its long-term health.

Registered in England/Wales under the registration number 03069518, with a registered address at DT2 7DX, Dorchester, Dorset, Old Sawmills, Pulham.

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