Strut Direct Limited

Strut Direct Ltd from Wednesbury, UK, is a small, active company established 24 years ago in 2000. Employing 29 people, it holds assets valued at £2,123,526 and operates a real address in Alma Street. The business is managed by three directors and owned by Richards Stephen John. It runs an e-commerce site specializing in iron or steel products, regularly importing (82 months) and exporting (76 months) these materials.

The company’s website showcases a comprehensive range of products, from strut channels and brackets to cable management systems and stainless steel items. It caters to industrial and construction sectors, offering custom cutting services and a variety of coloured options. The site emphasizes fast UK-wide delivery and a commitment to customer service, even offering clearance items and a dedicated section for sale. It’s clear that Strut Direct Ltd is a key supplier for construction and industrial businesses.

Financially, Strut Direct Ltd demonstrates a mixed picture. While current assets increased by 22% to £2,100,000, net assets also rose by 5.4% to £1,200,000. Bank borrowings decreased by 7.9% to £270,000, and cash reserves grew by a substantial 41% to £63,000. However, creditors increased by 22% to £1,900,000, and future minimum lease payments jumped 69% to £360,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rising lease commitments could pose a challenge. The company is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 04071449, with a registered address at WS10 0QB, England, Wednesbury, West Midlands, Strut Direct Limited, Alma Street.

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