Smet Building Products Limited

Smet Building Products Limited, based in London, UK, is a small, family-run business with an active status. Founded fifteen years ago in 2010, the company employs seven people and holds £443,372 in assets. It operates from a real address and is managed by three directors and two owners. The company boasts a stellar 5.0 Google rating from sixteen reviews, and is an irregular importer of miscellaneous chemical products, with just one month of import activity recorded as of March 2022.

The company's website reveals it operates as agents involved in the sale of timber and building materials, with a focus on supplying building materials in Northern Ireland. It’s a relatively small operation, meeting two of three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It also owns a company, Smet Fast Floor Screed Limited.

Financially, Smet Building Products Limited presents a mixed picture. Current assets have decreased slightly, dropping by 2.5% to £440,000, while net assets have increased by 7.5% to £65,000. Bank cash has improved significantly, rising by 72% to £48,000. However, trade debtors have fallen by 21%, and creditors have decreased by 21%, suggesting a need to manage payments more effectively. Property plant equipment has fallen by 14%, and the company's retained earnings have increased. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s recent financial reports show a decrease in depreciation impairment, and a slight increase in employee information. Overall, Smet Building Products Limited seems to be holding its own, but the fluctuating debtor and creditor figures suggest a need for closer financial monitoring.

Registered in England/Wales under the registration number 07193159, with a registered address at SW19 2RR, England, London, Unit 9 60 Windsor Avenue.

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