Sheet Piling (uk) Limited

Sheet Piling UK Ltd from Chorley UK is a large, active company founded twelve years ago, specializing in steel sheet piling solutions. Despite being overdue on confirmation statements by four months, the company boasts 57 employees and substantial assets of £20,633,557, generating yearly revenue of £30,614,728. It operates from a real address, is managed by four directors, and has one owner, a solo founder, with a stellar Google rating of 5.0 based on twelve reviews. The company regularly imports iron or steel products (eleven months) and occasionally exports machinery, boilers, and mechanical appliances (two months).

Sheet Piling UK Ltd positions itself as the UK's leading nationwide steel sheet piling contractors, offering a comprehensive range of services from design and supply to installation. Their website highlights expertise in permanent and temporary sheet pile solutions, marine and waterway piling, and excavation support. They own and operate a fleet of specialist equipment, including state-of-the-art Giken silent piling and telescopic leader rigs, enabling them to tackle a variety of projects, including highways, infrastructure, and smart motorway developments. The company maintains a stock of over 8,000 tonnes of steel sheet piles, allowing for prompt responses to emergency situations and reduced lead times.

Financially, Sheet Piling UK Ltd presents a mixed picture. While assets remain substantial at £20,633,557, accrued liabilities and deferred income dropped by 16%, suggesting a possible shift in payment terms. Bank borrowings disappeared entirely, a positive sign, but cash and cash equivalents decreased by 29% to £4,000,000. Interestingly, administrative expenses increased significantly by 43%, possibly reflecting investments in growth or operational changes. Debtors decreased by nearly half, a concerning trend, and creditors also declined, which could indicate better management of short-term liabilities. The company meets the criteria to be considered a large company, having turnover exceeding £36 million and a balance sheet total over £18 million. The lack of a publicly mentioned auditor suggests the company is exempt from an audit, relying on unaudited financial statements.

Overall, Sheet Piling UK Ltd appears to be a well-established player in its niche market, but the decline in cash reserves and increase in administrative expenses warrants closer attention. The company’s focus on innovation and specialist equipment, however, positions it well for continued success in the demanding construction industry.

Registered in England/Wales under the registration number 08300227, with a registered address at PR6 7EN, England, Chorley, Unit C Library Road, Clayton-Le-Woods.

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