Stacey Processing Ltd

Stacey Processing Ltd from Matlock UK: a small holding company with an active status, was founded 22 years ago in 2002. The company employs 35 people and holds assets valued at £2,073,890. It has a real address, is managed by four directors and owned by one individual. Stacey Processing operates an e-commerce site and regularly imports machinery, boilers, and mechanical appliances, parts (4 months imported). They also export tanning and dyeing products (6 months exported).

The company specializes in processing recycled glass, manufacturing products like shot blasting glass abrasive, tiles, fluxing agents, sports turf infill sand, and industrial uses. They even have a family-owned business operating for over 15 years, processing over 239,000 tonnes of glass to date. Their website highlights a commitment to 100% recyclable glass and customisable products. They offer bulk bag, pallet, and bucket options, and even provide bulk deliveries via a dedicated tanker fleet.

Financially, Stacey Processing Ltd shows a mixed picture. Current assets have decreased by 13% to £2.1 million, while net assets remained stable at £3.4 million. Cash bank on hand has fallen significantly by 43% to £430,000. Creditors have remained relatively unchanged, but trade debtors have stayed consistent at £1.6 million. A notable increase in property, plant, and equipment by 11% to £2.9 million suggests investment in operations, although accumulated depreciation has also increased by 19% to £2.6 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. With no auditor mentioned, the figures rely on unaudited statements.

The company’s workforce has increased by 14% to 40 employees, which may explain the increased expenses. Overall, Stacey Processing Ltd appears to be navigating a period of investment and growth, but the decrease in cash reserves warrants close monitoring.

Registered in England/Wales under the registration number 04446433, with a registered address at DE4 4HE, Matlock, Derbyshire, Ryder Point Works, Wirksworth.

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