Skilled Manufacturing Limited

Skilled Manufacturing Ltd from West Midlands UK: small company, holding company, active status, founded 34 years ago, 13 employees, £394,599 assets, real address, 2 directors, 1 owner, google rating 5.0 based on 1 reviews. Irregular importer of iron and steel (1 months imported). It’s a small, active company operating from Halesowen, West Midlands, with a history spanning over three decades. Founded in 1990, Skilled Manufacturing Ltd employs thirteen people and holds £394,599 in assets. The company is a holding company, overseen by two directors and one owner. It has a perfect 5.0 Google rating based on a single review, and it’s an irregular importer, with its top import category being Iron and Steel, totaling 1 months of imports. The last import operation was conducted on May 01, 2022.

The company’s website is minimal, providing little insight into its operations beyond a brief description of machining services. There's no e-commerce presence, suggesting a business-to-business model focused on supplying manufactured components rather than direct retail. Skilled Manufacturing Ltd operates in the machining industries, and it’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Skilled Manufacturing Ltd’s recent performance presents a mixed picture. While cash reserves have increased by a significant 65%, reaching £170,000, other areas show concerning trends. Bank borrowings have decreased by 22%, settling at £99,000, and net assets have increased by 35% to £200,000. However, accumulated depreciation impairment property plant equipment has increased by 48%, and average employees during the period have decreased by 23%, suggesting potential restructuring or reduced operational activity. Creditors have increased by 73%, which could indicate increased reliance on short-term financing. The company’s small size helps it stay agile, but the increase in depreciation and the decrease in employees raises questions about its long-term sustainability. There is no auditor mentioned, likely due to its small size and exemption from audit requirements.

Registered in England/Wales under the registration number 02567448, with a registered address at B62 8HN, West Midlands, Unit 1-3 Vernon Road, Halesowen.

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