Steen Limited

Steen Commercials Ltd from Dungannon, Northern Ireland, is a small, active company established in 2001. With two employees and £1,240,779 in assets, it operates from a registered address shared by multiple companies, suggesting a virtual address. The company is led by a single director and owner, Anderson Jonathan William, and is a solo founder. Steen Commercials regularly imports and exports art and antiques, with 36 months of import activity and 29 months of export activity recorded, the latest in February 2025.

The company specializes in HGV repair, graphic design, and fibreglass body parts. Its website highlights full accident repair services, chassis straightening, commercial painting, and the manufacture of bespoke fibreglass parts. Steen Commercials also offers graphic design and application services, and operates a body shop. The company's focus is on commercial vehicles, and it boasts a state-of-the-art JOSAM system for chassis alignment.

Financially, Steen Commercials Ltd presents a mixed picture. Cash bank holdings have significantly decreased by 77%, plummeting to £930,000, while current assets have fallen by 73% to £1.2 million. Trade debtors have also dropped considerably, by 45%, to £310,000. However, equity has increased by 19%, reaching £14 million, and fixed assets have grown substantially by 67%, to £13 million. Creditors have decreased by 25%, to £800,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 30 employees) allows for flexibility, but the sharp decline in cash reserves raises concerns. The company’s financial statements are unaudited, as it is exempt due to its size.

The substantial decrease in cash reserves, despite increased fixed assets, suggests Steen Commercials may be investing heavily in its equipment or facility. It’s possible that the company is burning through cash to expand its operations, or that it’s facing increased costs. The increase in equity, however, indicates a healthy retained earnings balance.

Registered in England/Wales under the registration number 11111408, with a registered address at BS9 3HQ, United Kingdom, Bristol, C/O Mgb Accountants - Suite 22 Trym Lodge, 1 Henbury Road, Westbury-On-Trym.

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