Steelstrip Services Limited

Steelstrip Services Limited, based in Dudley, UK, is a sizable company with a 21-year history, currently employing 97 people. The company holds £7,930,108 in assets and generates £13,701,029 in yearly revenue, making it a significant player in the steel processing industry. It operates as a holding company with a real address and is overseen by four directors and one owner. A Google rating of 4.0 based on six reviews suggests a generally positive customer perception. The company regularly imports iron and steel, with its last import operation occurring in January 2025.

The company's website reveals a multifaceted operation. Primarily, Steelstrip Services provides comprehensive steel processing services, including pickling, slitting, decoiling, and recovery. They also offer steel sales and laser services, cutting materials up to 25mm thick. Notably, the website highlights a new online marketplace, allowing customers to buy and sell steel—a modern approach to trading. Furthermore, Steelstrip Services has a division dedicated to laser cutting and press brake facilities, catering to a range of industries. The website also mentions a "Book of Condolence" dedicated to a former employee, Steve Dickens, and a JustGiving page set up in his memory, which adds a personal touch.

Financially, Steelstrip Services Limited presents a mixed picture. Current assets have decreased by 16% to £7,900,000, while net assets have also fallen by 13% to £4,600,000. Bank borrowings have increased by 13% to £1,200,000, and cash reserves have dropped by 63% to £33,000. Creditors have decreased by 21%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, with a turnover of £14 million and assets of £7.9 million. The company’s auditor is Stanton Ralph & Co Limited. The decline in cash reserves and the increase in bank borrowings could indicate tighter margins or increased investment, but it’s difficult to say for sure. The company’s continued investment in online services and marketplace functionality suggests a focus on adapting to changing market demands.

Registered in England/Wales under the registration number 04797346, with a registered address at DY1 2HA, Dudley, West Midlands, Servosteel, Pensnett Road.

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