South Wales Metal Finishing Limited

South Wales Metal Finishing Ltd from Pontypool UK: a small, active company founded 24 years ago, employs 14 people, and holds £269,221 in assets. It’s a family business with four directors and two owners, boasting a perfect 5.0 Google rating from just four reviews. The company operates from a virtual address, registered at an address shared by fourteen other companies. It’s an irregular importer of miscellaneous chemical products, with just one month of imports recorded going back to June 2021.

The company specializes in the treatment and coating of metals, and its website, though minimal, highlights its expertise in this area. There's no indication of e-commerce activity; it appears to be a business-to-business operation focused on providing metal finishing services.

Financially, South Wales Metal Finishing Ltd presents a mixed picture. Current assets have decreased by 17%, falling to £270,000. Net assets have also taken a hit, dropping 23% to £120,000. Bank borrowings have increased by 22%, reaching £91,000, while cash reserves have fallen by 26% to £56,000. Creditors have decreased by 16%, suggesting improved debt management. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). As a small company, it’s exempt from an audit, and the financial statements are unaudited.

The significant drop in net assets is a cause for concern, though it could be due to investments in equipment or other business improvements. The increase in bank borrowings suggests the company may be relying more on credit to finance its operations. Overall, South Wales Metal Finishing Ltd appears to be a stable, albeit somewhat financially stressed, family business navigating the challenges of a competitive industry.

Registered in England/Wales under the registration number 04205863, with a registered address at NP4 6NG, Wales, Pontypool, David House Mill Road, Pontnewynydd.

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