Staffs Industrial Doors Limited

Staffs Industrial Doors Ltd from Newcastle UK: a small, family business active for 21 years, employs 10 people, and holds £903,961 in assets. With three directors and two owners, the company boasts a perfect 5.0 Google rating based on five reviews. It’s an irregular importer of aluminum products, with its last import activity recorded a year ago.

The company specializes in the design, development, and manufacture of industrial doors, offering a wide range of products including roller shutter doors, sectional overhead doors, and high-speed doors. Its website showcases a comprehensive catalog, catering to both trade and public customers. They also provide fabrication services and maintain a service department, offering full after-sales backup. The company's website also mentions a showroom in Harrods, London.

Financially, Staffs Industrial Doors Ltd shows a mixed picture. Current assets decreased by 2.1% to £900,000, while net assets declined by 3.0% to £700,000. Bank borrowings increased by 2400%, reaching £29,000, and cash reserves fell 30% to £28,000. Trade debtors decreased by 18%, suggesting better debt management. 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, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's accounts show a decrease in property, plant, and equipment, which could be due to depreciation or asset sales. This, combined with the increase in bank borrowings, suggests the company may be facing financial pressures. However, the decrease in trade debtors indicates improved debt collection efforts. The company’s strong Google rating and focus on customer service could help it weather these challenges.

Registered in England/Wales under the registration number 05130360, with a registered address at ST5 7RB, England, Newcastle, Unit E Parkhouse Road East, Parkhouse Industrial Estate East.

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