Stirchley Machine Tools Limited

Stirchley Machine Tools Limited is a small, active company based in Birmingham, UK, founded 34 years ago in 1991. With £998,662 in assets and a real registered address, it’s a solo-founded operation run by two directors and a single owner. The company operates as agents involved in the sale of machinery, industrial equipment, ships and aircraft, and regularly imports machinery, boilers, and mechanical appliances, with its top import category being parts, totaling 3 months of imports. The last import operation was conducted in November 2018.

The company’s website focuses on buying and selling used machine tools. It actively seeks to purchase individual machines or entire plants, offering top prices and immediate payment. It caters to a global market, buying from and selling to locations worldwide. The site also highlights a partnership program for those seeking to sell assets.

Financially, Stirchley Machine Tools Limited shows a mixed picture. Cash reserves have dramatically increased by 230%, reaching £960,000—a significant boost. However, trade debtors have plummeted by 93%, falling to just £310, and property plant and equipment has decreased by 90%, now sitting at £19,000. Creditors have risen by 24%, reaching £400,000, and corporation tax payable has increased to £34,000. Despite these changes, net assets have increased by 4.5%, settling at £610,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The accounts are unaudited, likely due to the company's exemption as a small entity.

Overall, Stirchley Machine Tools Limited appears to be navigating a period of change, with strong cash flow offset by a reduction in receivables and a decline in fixed assets. The company's focus on used machinery buying and selling, coupled with its established presence, suggests a resilient business model, though careful management of debts will be important going forward.

Registered in England/Wales under the registration number 02605184, with a registered address at B24 8HJ, Birmingham, 401-407 Tyburn Road, Erdington.

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