Strom Limited

Strom Limited, based in Ossett, UK, is a small, active company founded twelve years ago in 2013. With fourteen employees and £1,953,585 in assets, it operates from a real address and is led by two directors and one owner. The company regularly imports electrical machinery and equipment—nineteen months of activity recorded, with the latest in June 2024—but exports irregularly, with only one month of activity in December 2021. The company operates in the wholesale of hardware, plumbing and heating equipment and supplies industries.

Its website, stromltd.co.uk, showcases a range of electrical supplies, with a focus on distribution boards, cable management, and lighting. While it doesn's appear to be a full-blown e-commerce site (no shopping cart or checkout process is visible), it does feature product listings and contact information, suggesting a B2B model where orders are likely placed directly.

Financially, Strom Limited presents a mixed picture. Current assets increased by a substantial 13%, reaching £2,000,000, while net assets also rose by 16%, reaching £930,000. However, bank borrowings surged by an impressive 750%, climbing to £290—a significant increase. Creditors also increased, rising by 180%, reaching £510,000. Cash reserves, however, increased by 13%, reaching £390,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

The increase in bank borrowings and creditors, while concerning, could be a result of increased business activity and investment in inventory. The company’s strong asset base and growing cash reserves provide a buffer against potential financial strain. Overall, Strom Limited appears to be a stable, growing company, though it should monitor its debt levels closely.

Registered in England/Wales under the registration number 08421339, with a registered address at WF5 9ND, England, Ossett, Unit 3 Rcm Business Centre, Sandbeds Trading Estate.

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