Reactive Metals Limited

Reactive Metals Ltd, based in Solihull, UK, is a small, active company founded ten years ago. With just three employees and £508,085 in assets, it operates from a virtual address—a detail worth noting as 115 companies share the same location. The business is led by one director and owner, Webster Andrew John. Reactive Metals is a regular importer of iron or steel products, with 5 months of import activity recorded, and a regular exporter, having exported for 20 months, with the latest activity in March 2024.

The company’s website highlights its specialization in “special steels for the offshore, power generation, and heavy engineering industries.” Reactive Metals positions itself as a supplier of high-quality steels from leading manufacturers, offering a wide range of products including plate, sections, pipe, tube, forgings, and fittings. It provides value-added services like cutting, rolling, bending, and material testing, aiming to reduce costs and improve manufacturing lead times. The website also mentions exporting capabilities and a commitment to customer service.

Financially, Reactive Metals Ltd presents a mixed picture. While cash reserves increased significantly by 220%, reaching £150,000, current assets only grew by 16%, settling at £510,000. Bank borrowings saw a substantial increase of 8.3%, reaching £11,000, and trade debtors decreased by 8.6%, settling at £350,000. Creditors also decreased by 14%, settling at £270,000. The company’s net assets increased by 130%, reaching £220,000. The company is small, meeting two of the three conditions for classification—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

The company's financial health appears stable, with a significant increase in cash reserves. However, the increase in bank borrowings and the decrease in current assets suggest it may be reinvesting in the business or facing some short-term cash flow challenges. The company’s reliance on a virtual address and the relatively small number of employees could indicate a lean operation, but it also raises questions about its long-term scalability.

Registered in England/Wales under the registration number 09300115, with a registered address at B37 7DL, United Kingdom, Solihull, West Midlands, Marston House 5 Elmdon Lane, Marston Green.

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