Stainless Uk Limited

Stainless UK Ltd, based in Sheffield, UK, is a small, family-run business with an active trading status. Established 39 years ago in 1986, it employs 25 people and holds £3,070,879 in assets. With a real registered address and five directors overseeing operations, it’s a well-established entity. Two owners, Wells Oliver Thomas William Edward and Wells Timothy Jolyon, are at the helm. The company regularly imports iron and steel (92 months) and exports iron or steel products (37 months), demonstrating a robust supply chain.

The company operates in the manufacture of other fabricated metal products n.e.c. industries, specializing in stainless steel products for civil and geotechnical engineering projects. Its website showcases a wide range of products, including grip bars, injection anchors, and rebar, catering to construction and engineering sectors. Stainless UK also offers custom fabrication services, including laser cutting, press braking, and welding, with a focus on high-quality bespoke solutions. The company’s website also mentions a quality management system to BS EN ISO 90012015 and UKCA certification.

Financially, Stainless UK Ltd shows a mixed picture. Accumulated depreciation on plant machinery increased by 20%, suggesting ongoing investment in equipment. However, cash bank on hand increased by a substantial 240%, indicating improved liquidity. Trade debtors decreased by 17%, which is a positive sign. Creditors, however, increased significantly by 180%, which could be a cause for concern. Net assets increased by 7.4%, which is a good sign. 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 remain agile. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Stainless UK Ltd appears to be a stable, long-standing business, but the rise in creditors warrants further investigation. The company's focus on custom fabrication and high-quality stainless steel products positions it well in its niche market.

Registered in England/Wales under the registration number 01981236, with a registered address at S9 2QL, Sheffield, South Yorkshire, Newhall Road Works, Newhall Road.

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