Sperrin Metal Products Limited

Sperrin Metal Products Ltd from Draperstown, UK: large company, active status, founded 61 years ago, 84 employees, £8,606,603 assets, yearly revenue: £16,707,283, real address, 3 directors, no owners, google rating 5.0 based on 10 reviews. Regular importer of iron or steel products (3 months imported). Regular exporter of furniture, lighting, and prefabricated buildings (4 months exported).

Sperrin Metal Products Ltd, based in Draperstown, Northern Ireland, is a sizable player in the storage solutions market. Established over six decades ago, the company employs 84 people and boasts assets worth £8.6 million, generating an annual revenue of £16.7 million. The company operates from a real address and is managed by three directors, although no owners are officially listed. A strong Google rating of 5.0 from ten reviews suggests high customer satisfaction. Sperrin Metal regularly imports iron and steel products, and exports furniture, lighting, and prefabricated buildings.

The company’s website highlights its core business: designing, manufacturing, and installing racking, shelving, and related storage products. It caters to a wide range of industries, offering pallet racking, longspan shelving, lockers, mezzanine floors, and even cantilever racking. A key aspect of their operations is the powder coating service, offered from their Tobermore Business Park facility. The website also mentions bespoke storage solutions, indicating a flexibility to meet specific client needs. It’s clear that Sperrin Metal is more than just a supplier; it’s a full-service provider offering design, manufacture, and installation.

Financially, Sperrin Metal shows a mixed picture. While turnover increased by a modest 2.6%, there are some concerning trends. Cash bank on hand increased by 8%, to £5.7 million, which is a positive sign, but net assets only increased by 14%, to £8.2 million. Bank borrowings increased significantly, and creditors decreased by 35%, which is good, but the company’s net loss deepened. The company’s size—meeting two of three criteria for a large company—means it’s subject to more stringent reporting requirements. The absence of a named auditor suggests the company may be exempt from a full audit, relying on unaudited financial statements.

Despite these financial fluctuations, Sperrin Metal’s long history, strong online presence, and focus on bespoke solutions position it well in the competitive storage market. The company’s continued investment in its powder coating service and commitment to customer satisfaction suggest a focus on long-term sustainability.

Registered in Northern Ireland under the registration number NI005683, with a registered address at BT45 7AP, Northern Ireland, Draperstown,, Cahore Road, Draperstown.

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