Stephens Gaskets Limited

Stephens Gaskets Ltd from Oldbury UK: a small, active company founded 78 years ago, employs 27 people, and holds assets valued at £2,208,428. It's a family business with a real address, managed by three directors and two owners, and operates an e-commerce site. The company regularly imports various base metals and cermets (for six months) and exports machinery, boilers, and mechanical appliances; parts (for 54 months).

The company’s core business involves manufacturing other fabricated metal products, and it’s a small entity as it meets two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It’s a long-standing operation, incorporated on April 16, 1947, and registered at B69 2NR, England, Oldbury, 19 Hainge Road, Tividale.

A look at the company’s financials reveals some interesting trends. Cash reserves have increased dramatically, soaring by 530% to £220,000—a positive sign. However, trade debtors have fallen by 21%, suggesting customers are taking longer to pay. Bank borrowings have also decreased by 47%, which is good, but creditors have fallen by 15%, which could indicate the company is struggling to negotiate better terms with suppliers. Property, plant, and equipment has increased by 61%, which could be an investment in future growth.

The company’s financial statements are unaudited, likely due to its small size. The figures show a company that is holding steady, but facing some financial pressures. The increase in cash reserves is encouraging, but the decrease in trade debtors and creditors could be cause for concern.

Registered in England/Wales under the registration number 00433304, with a registered address at B69 2NR, England, Oldbury, 19 Hainge Road, Tividale.

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