Steelfields Limited

Steelfields Limited, based in Gillingham, Kent, UK, is a small holding company with an active status, established 68 years ago in 1956. The company employs five people and holds assets totaling £348,666. With three directors and one owner, it operates from a real address and has a long history in the UK manufacturing sector. Steelfields is an irregular importer of machinery, boilers, and mechanical appliances, with parts imported for two months, and a regular exporter of the same, with seven months of export activity.

The company’s website highlights its specialization in concrete batching and mixing plants, serving both domestic and international markets. It offers a range of plant designs, from compact models to large-scale production facilities, and provides related services like concrete washout treatment and spare parts supply. The business even offers a used plant sourcing and refurbishment service. The website also shows a strong focus on global reach, with agents in many countries and participation in international construction shows.

Financially, Steelfields Limited presents a mixed picture. Cash reserves saw a substantial increase, jumping 90% to £280,000, while current assets also grew by 24% to £350,000. However, trade debtors decreased significantly, falling 49% to £66,000. A notable decrease in net assets was observed, dropping 44% to £200,000, and the company’s bank borrowings increased, though the exact figure is not available. The decrease in employee numbers to zero reported is a little unusual for a company of this size, suggesting a potential shift in operational structure. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s long history and global reach suggest a resilient business, but the decline in equity and the shift in employee numbers warrant further observation. The company's ability to maintain its position in the competitive concrete plant market will depend on its continued focus on quality, innovation, and customer service.

Registered in England/Wales under the registration number 00576088, with a registered address at ME7 2RT, Kent, Gads Hill,, Gillingham,.

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