Stainless Plating Limited

Stainless Plating Ltd, based in South Yorkshire, UK, is a small, holding company with an active status. Established 98 years ago in 1926, the company employs 25 people and holds assets valued at £1,615,032. It's a long-standing business, with five directors and one owner overseeing operations from a real address. The company regularly imports aircraft, spacecraft, and their parts—a consistent activity spanning 11 months, with the latest import occurring in January 2025. Export activity, however, is less frequent, occurring only for 2 months, with the last export recorded in September 2024.

The company’s website showcases a sophisticated operation specializing in precision surface engineering, electro deposition, anodising, and metal finishing for industries like aerospace, defense, electronics, and oil & gas. SPL Treatments, as it’s branded online, boasts decades of experience, with approvals from leading aerospace OEMs and NADCAP accreditation. Services range from anodising and passivation to paint masking and XRF thickness testing. The site also highlights a commitment to quality, sustainability, and customer service, with a video showcasing their processes and a blog featuring industry news and case studies.

Financially, Stainless Plating Ltd presents a mixed picture. While current assets increased significantly to £1,600,000, net assets also rose to £1,400,000, indicating growth. However, cash bank on hand experienced a sharp decline of 72%, dropping to £44,000. Trade debtors have increased substantially, reaching £1,500,000, which could suggest a reliance on customer payments or an expansion of credit terms. Creditors also rose, although the increase was less dramatic. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the drop in cash reserves warrants attention. The financial statements are unaudited, and no auditor is mentioned, which is typical for small companies. The company's increasing debt is something to keep an eye on.

Registered in England/Wales under the registration number 00216037, with a registered address at S9 2UB, South Yorkshire, 24 Don Road, Sheffield.

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