Sheffield Tank And Drum Company Limited

Sheffield Tank and Drum Company Limited, based in Sheffield, UK, is a small, active company founded twelve years ago in 2012. With 24 employees and £1,933,900 in assets, it operates from a real address and is overseen by five directors and a single owner. The company holds a respectable 4.0 Google rating based on nine reviews. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with the last import activity recorded just last month.

The company’s website highlights its specialization in drum and IBC reconditioning—a tailor-made service for collection, cleaning, and supply. It also provides shredding and crushing services and sells new and reconditioned drums and IBCs. Notably, Sheffield Tank and Drum boasts the only UN Certificates for plastic and steel drums in the UK, catering to both liquids and solids. The company’s website also mentions a regular service for companies where space is a premium.

Financially, Sheffield Tank and Drum shows a mixed picture. Current assets have declined by 20% to £1,900,000, while net assets have increased by 38% to £3,900,000. Bank borrowings have drastically reduced by 94%, falling to just £89,000, and cash reserves have decreased by 35% to £920,000. Creditors have also fallen by 94%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in cash reserves warrants attention. No auditor is mentioned, consistent with its status as a small, exempt company.

The company’s focus on specialized reconditioning services and its unique UN certifications provide a competitive edge, but the financial data suggests a need to carefully manage cash flow and maintain profitability.

Registered in England/Wales under the registration number 08324900, with a registered address at S35 9YR, England, Sheffield, Unit 5, Ecclesfield 35 Industrial Estate Station Road, Ecclesfield.

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