Revert Alloys And Metals Ltd

Revert Alloys and Metals Ltd, based in Sheffield, UK, is a sizable company with an active status, having been established thirteen years ago. Employing twenty-eight individuals, the company boasts assets of £4,726,954 and a yearly revenue of £14,300,096. It operates from a real address and is overseen by two directors and two owners, maintaining a stellar 5.0 Google rating based on two reviews. The company is a regular importer and exporter of nickel and nickel products, with nineteen months of import activity and thirty-two months of export activity recorded.

The company's website highlights its focus on providing tailored revert management solutions to manufacturing companies. They emphasize competitive pricing, quick turnaround times for skips and bins, and even offer a unique sampling and analysis service to ensure optimal sorting and minimal contamination. The company has relocated into a self-contained, fully licensed 24,000 sq ft warehouse and is ISO 9001:2015 certified, providing full traceability for goods.

Financially, Revert Alloys and Metals Ltd presents a mixed picture. While turnover remained steady at £14 million, net assets decreased by 13% to £980,000. Bank borrowings fell by a significant 85%, reaching £520,000, and cash reserves increased by 59% to £59,000. Creditors decreased by 41%, suggesting improved debt management. Staff costs fell by 47%, indicating a possible reduction in workforce or operational efficiencies. The company meets two of three criteria for a large company, with turnover over £36 million, balance sheet over £18 million, and more than 250 employees. The lack of an auditor is likely due to the company's size, meaning the financial statements are unaudited.

The sharp decline in net assets, despite stable turnover, raises some concerns, although the reduction in bank borrowings and increase in cash reserves are positive signs. It seems that the company is working to streamline its operations and manage its debts, which could be a response to changing market conditions or increased competition.

Registered in England/Wales under the registration number 07691763, with a registered address at S4 7WA, United Kingdom, Sheffield, 71 Greystock Street.

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