Sheriff Precision Abrasives Ltd

Sheriff Precision Abrasives Ltd from Sheffield UK: a small, active company founded just three years ago, employs three people, and holds £119,502 in assets. It’s a limited company with two directors and two owners, operating from a real address and regularly importing stone, plaster, cement, and similar materials – a consistent 13 months of import activity recorded, the latest in January 2025. The company’s website highlights its focus on abrasive products, offering conditioning wheels, cutoff wheels, wide belt polishing, roll grinding, and custom solutions. It positions itself as a specialist with extensive experience and strong relationships with manufacturers.

The company operates in the production of abrasive products industries, and its website suggests a B2B model, targeting industrial customers with a focus on quality and technical expertise. There’s no direct indication of e-commerce on the site, suggesting sales are likely handled through direct contact and potentially distributors. The company's lean structure (meeting two of three criteria for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but it also relies heavily on a small team.

Financially, Sheriff Precision Abrasives Ltd presents a mixed picture. Current assets have decreased by 10% to £120,000, while net assets remain steady at £94,000. Bank borrowings have increased, and cash reserves are stable. Trade debtors have decreased slightly, suggesting improved collections. However, a significant increase in other creditors (100%) indicates a need to manage supplier payments more effectively. The company’s lack of employees (three reported) points to a lean operation, and the absence of an auditor (likely exempt as a small company) means the financial statements are unaudited.

Overall, Sheriff Precision Abrasives Ltd appears to be navigating a challenging environment. While the company maintains a solid base of operations and a focus on specialized products, the financial data suggests a need for careful management of cash flow and supplier relationships. The company’s reliance on a small team and the absence of external audit add to the need for vigilance.

Registered in England/Wales under the registration number 13668933, with a registered address at S35 7DS, England, Sheffield, South Yorkshire, Hallfield Head Farm, 525 Woodhead Road.

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