Stelstocks Limited

Stelstocks Ltd, based in Halesowen, UK, is a small, active company established 34 years ago. With seven employees and £759,372 in assets, it’s a well-established player in the metals industry. The company operates from a virtual address—shared by 439 other businesses—and is overseen by five directors and a single owner. Google users rate it a perfect 5.0 based on one review, highlighting its reputation. Stelstocks regularly imports iron and steel, with the latest shipment arriving in June 2024.

The company’s website positions it as a premier stockholder of high-integrity steel bars, catering to manufacturers of turned parts. It offers a wide range of steel bars, including those produced by leading UK and European manufacturers, and provides additional services like precision sawing and crack detection. The site emphasizes reliable deliveries and competitive pricing, and even features testimonials from satisfied customers. It’s clear that Stelstocks is focused on providing quality materials and excellent service to its clients.

Financially, Stelstocks shows a mixed picture. Current assets have decreased by 39% to £760,000, while net assets have also declined by 2.0% to £340,000. Cash reserves have fallen significantly, dropping 72% to £32,000. Trade debtors have also decreased by 55%, suggesting better collection practices, though bank borrowings have increased. Despite meeting two of three criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—the decline in cash and assets warrants attention. The company is exempt from an audit, so the figures are unaudited.

Overall, Stelstocks appears to be a stable, long-standing business facing some financial pressures. Its focus on high-quality steel and customer service suggests a commitment to maintaining its position in the market, but the company will need to address its declining cash reserves to ensure its long-term health.

Registered in England/Wales under the registration number 02594712, with a registered address at B62 8DY, United Kingdom, Halesowen, West Midlands, West Point, Second Floor Mucklow Office Park, Mucklow Hill.

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