Staystrip Group Limited

Staystrip Group Ltd is a large, active company founded 45 years ago, back in 1980. With 46 employees and £2.35 million in assets, it’s a significant player in the UK’s stainless steel industry. The company boasts a yearly revenue of £6.59 million and maintains a real address in Birmingham, managed by three directors and one owner. A stellar 5.0 Google rating based on a single review highlights its customer satisfaction. Staystrip Group Ltd regularly imports and exports iron and steel – 134 months of import activity and 16 months of export activity, with the latest operations occurring in January 2025.

The company operates as one of the United Kingdom’s largest privately owned stainless steel service centres, with a wealth of experience in stainless steel and other metals. Its website emphasizes its role as a supplier and processor of stainless steel coil, cut strip, and blanks, catering to a wide range of industries. It offers services like annealing, precision processing, and technical specifications, and even boasts a processing division capable of handling various alloys beyond stainless steel. The company's website also highlights its commitment to quality management and customer service, with testimonials praising its responsiveness and product quality.

Financially, Staystrip Group Ltd shows some concerning trends. Accrued liabilities decreased by 43%, while administrative expenses increased by 14%. Bank borrowings remained relatively stable, but cash reserves saw a significant jump of 310%. Trade creditors decreased by 23%, suggesting improved debt management. However, net assets increased by 17%, and turnover increased by 7.7%. The company’s size (meeting two of three criteria for a large company) suggests it’s a well-established operation, but the fluctuations in liabilities and cash reserves warrant closer attention. The accounts are unaudited, and no auditor is mentioned, which is common for companies of this size.

Overall, Staystrip Group Ltd appears to be a stable, long-standing business, though the recent financial data suggests a need for careful monitoring of expenses and cash flow. The company's strong reputation and diverse service offerings position it well within the stainless steel market, but it will be important to ensure financial health is maintained.

Registered in England/Wales under the registration number 01481306, with a registered address at B18 7AA, 11-16 Eyre Street, Birmingham.

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