Steel Frame Builds Ltd

Steel Frame Builds Ltd, based in Hatfield, UK, is a small, active company founded six years ago in 2018. With a single employee and £834,388 in assets, it operates from a virtual address shared by fifteen other companies, a fact that should be noted. The company is led by a solo founder and director, Modhvadia Aman, and imports iron or steel products, though irregularly, with its last import operation dating back to November 2018.

The company’s website is non-existent, which makes it difficult to understand what they do. However, the company operates in the construction of domestic buildings industries.

Financially, Steel Frame Builds Ltd presents a mixed picture. Cash bank on hand has seen a significant increase, jumping 420% to £130,000. However, net assets have decreased by 32% to -£38,000, and current assets have only increased by 5.3% to £830,000. Trade debtors have plummeted 75%, suggesting potential issues with customer payments, and deferred tax liabilities have decreased by 77%. It's a small company, meeting two of three conditions to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The decrease in equity is concerning, but the increase in cash could be a result of improved efficiency or a recent investment. The lack of an auditor mentioned is typical for a small company, meaning the financial statements are unaudited.

Registered in England/Wales under the registration number 11433861, with a registered address at AL9 5EH, England, Hatfield, 13 Arm And Sword Lane.

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