Stp Equipment Limited

Stp Equipment Ltd from Luton, UK, is a small, active company founded 18 years ago. With five employees and £1,465,918 in assets, it’s a modest operation boasting a stellar 5.0 Google rating from six reviews. The company is run by two directors and one owner, Barnard Paul Roger, and operates from a real address. It’s an irregular importer, primarily dealing in iron or steel products, with its last import activity recorded two months ago in November 2022.

The company specializes in the manufacture of other fabricated metal products, and its website, while not detailed, suggests a focus on shelving and related equipment. It seems to be a B2B operation, catering to industrial clients. While no e-commerce functionality is apparent, the company likely sells directly to businesses.

Financially, Stp Equipment Ltd presents a mixed picture. Current assets increased by 23% to £1.5 million, a positive sign of increased liquidity. However, net assets also rose by 12% to £2.1 million. Bank borrowings increased by a significant 51%, reaching £100,000, and creditors jumped 41% to £190,000. Cash reserves also increased by 21% to £1.2 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in creditors suggests a need to manage its payment terms. The company is exempt from an audit, so the figures are unaudited.

Despite the increase in liabilities, the company's strong cash position and growing assets indicate a financially stable, if not rapidly expanding, business. The increase in creditors could be due to increased business activity, or it could be a sign of tighter margins. The company’s long-standing presence and high Google rating suggest a reputation for reliability, which is crucial in the industrial sector.

Registered in England/Wales under the registration number 06133607, with a registered address at LU2 0TN, Luton, Bedfordshire, 3 Greenwood Court, Ramridge Road.

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