Stainless Steel Fittings (uk) Ltd

Stainless Steel Fittings UK Ltd, based in Swindon, UK, is a small, active company established nine years ago. Holding £688,081 in assets and operating from a virtual address shared by eighteen other companies, it’s a modest operation managed by one director and two owners. The company’s status is active. It’s a private limited company registered in England/Wales, and its accounts are unaudited, a common situation for small entities.

The business primarily wholesales other machinery and equipment, with a focus on bespoke stainless steel fittings, valves, and tubular components. Its website highlights a 20-year-old manufacturing partner and offers services like bespoke machining parts and even restoration of pianos. The company’s website also boasts a showroom in Harrods, London, and emphasizes volume supplies and on-time deliveries. They have a Google rating of 5.0.

Financially, Stainless Steel Fittings UK Ltd presents a mixed picture. Cash bank on hand has plummeted by a substantial 71%, dropping to £150,000. Current assets have also decreased significantly, falling 64% to £690,000. Trade debtors have seen a dramatic decline of 75%, dropping to £330,000, while creditors have also fallen by 70%, settling at £440,000. Equity has decreased by 29%, down to £230,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The decrease in cash reserves and assets, while creditors are also down, could indicate a period of reduced sales or increased costs—though the decrease in debtors suggests improved payment collection. The company’s reliance on a virtual address and the lack of a mentioned auditor are typical for smaller businesses.

Registered in England/Wales under the registration number 10034262, with a registered address at SN5 8YZ, United Kingdom, Swindon, Wiltshire, Anchor Business Centre Frankland Road, Blagrove.

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