Shs Balustrades & Handrails Ltd

Shs Balustrades & Handrails Ltd from Walsall UK is a small holding company with an active status, established nine years ago in 2016. Employing 34 people, the company holds £312,510 in assets and operates from a real address in Aldridge. Three directors and one owner oversee the business, which boasts a solid 4.0 Google rating from 76 reviews. The company regularly imports basic metal tools and utensils, with its last import activity recorded three months ago.

The company specializes in the manufacture of metal structures and parts, offering a wide range of balustrade systems including professional, elegance, wire rope, and Juliet balconies. Its website showcases a diverse product line, from handrails and banisters to bespoke staircase designs and glass canopies. Notably, it also features a division dedicated to piano restoration, a testament to the company’s versatility and heritage. The website's design is clean and user-friendly, emphasizing product visuals and clear descriptions. It's an ecommerce site, with a focus on direct sales to customers.

Financially, Shs Balustrades & Handrails Ltd presents a mixed picture. Current assets have significantly declined by 47%, dropping to £310,000. Net assets also took a hit, decreasing by 29% to -£930,000. Bank borrowings have been reduced by 60%, settling at £12,000, and cash reserves have fallen by nearly half, to £17,000. Trade debtors have also decreased by 35%, suggesting improved collection efforts. The company’s small size (meeting two of three criteria for small company status) allows for flexibility, but the substantial equity decline raises concerns. No auditor is mentioned, likely due to the company’s small size and exemption from mandatory audits.

Overall, Shs Balustrades & Handrails Ltd appears to be navigating a period of financial pressure, despite its strong online presence and diverse product offerings. The decrease in assets and the negative equity suggest a need for careful financial management, while the reduction in bank borrowings is a positive sign.

Registered in England/Wales under the registration number 09950341, with a registered address at WS9 8EA, England, Walsall, Unit 1 Middlemore Lane West, Aldridge.

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