Steel Benders (uk) Limited

Steel Benders (uk) Limited, based in Middlesbrough, UK, is a small, active company founded 23 years ago in 2002. Employing 23 people and holding £1,868,013 in assets, it operates as a family business with four directors and two owners. The company boasts a 3.0 Google rating from nine reviews, but its irregular import activity—just one month of iron and steel imports as of August 2023—suggests a fluctuating supply chain.

Steel Benders specializes in the manufacture of metal structures and parts, offering services like plate rolling, press braking, and section bending. Its website highlights a mission to be the supplier of choice for steel processing, catering to various sectors. The company’s online presence showcases its range of services and emphasizes customer support, aiming to attract clients seeking reliable steel fabrication.

Financially, the company's recent performance presents a mixed picture. While fixed assets have seen a significant increase of 94% to £2,800,000, current assets have decreased by 11% to £1,900,000. Cash reserves have fallen by a substantial 49% to £500,000, and net current assets have plummeted 55% to £530,000. Creditors have increased by 44%, and trade debtors have risen by 17%. The company’s small size—meeting two of three criteria for being a small company—helps with agility, but the decline in cash reserves and the increase in liabilities raise concerns about its short-term financial health. As a small company, it is exempt from an audit, so the figures are unaudited. It's clear that the company is working hard, but it needs to manage its cash flow better.

Registered in England/Wales under the registration number 04400578, with a registered address at TS3 6AU, Middlesbrough, Cochranes Wharf, Cargo Fleet.

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