S & S Steelstock Limited

S & S Steelstock Limited, based in Willenhall, UK, is a small, holding company with an active status. Founded 34 years ago in 1991, the company employs eight people and holds assets valued at £3,310,618. It has a real registered address and is overseen by three directors and one owner. The business regularly imports iron and steel, with 24 months of import activity recorded, the last operation taking place in February 2025.

The company operates within the wholesale of metals and metal ores industries. Its website is non-existent, so it’s difficult to gauge its online presence or e-commerce activities.

Financially, S & S Steelstock Limited presents a mixed picture. Current assets have fallen by 40%, dropping to £3,300,000, while net assets have also decreased by 18%, settling at £1,300,000. Bank borrowings have increased by a significant 2,400%, reaching £29,000, and cash reserves have fallen 34% to £260,000. Creditors have decreased by 49%, suggesting improved debt management. Trade debtors have fallen by 32%, which is a good sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity raises questions. No auditor is mentioned, which is likely due to its status as a small company.

The company's financial data suggests it’s facing some pressures, although it is not necessarily burning through money. The decrease in assets and increase in borrowings could be linked to investment in inventory or expansion, but it’s important to monitor these trends closely. The company’s long-standing presence and regular import activity indicate a stable business model, but the recent financial performance warrants further scrutiny.

Registered in England/Wales under the registration number 02602211, with a registered address at WV13 2HA, England, Willenhall, West Midlands, S9 / S10 West Midlands House, Gipsy Lane.

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