Studwelders Composite Floor Decks Ltd

Studwelders Composite Floor Decks Ltd, based in Chepstow, UK, is a sizable, active company holding a strong position in the construction materials sector. Established fifteen years ago in 2009, the company employs fifty people and boasts assets of £5,259,715. It operates as a holding company with four directors and two owners, including a solo founder, and maintains a real address. Google reviews give it a perfect 5.0 rating based on three reviews. The company is a regular exporter of iron or steel products, with 58 months of export activity recorded, the latest in January 2025.

The company specializes in the supply, installation, and studwelding of steel floor decking systems and concrete slabs for the UK construction industry. Its website highlights a range of products, including composite metal decking and fibre-reinforced composite slabs, alongside design management and netting services. They also offer technical literature and software for design, demonstrating a commitment to innovation and customer support. The website also mentions a sister company, 1066 Pianos, which is a high-end piano restoration business.

Financially, Studwelders Composite Floor Decks Ltd presents a mixed picture. While revenue appears stable, certain areas require attention. Cash and cash equivalents decreased by 5.5% to £2,400,000, and net assets fell by 47% to £2,600,000. Bank borrowings increased by 220% to £800,000, and net loss deepened by 24% to £810,000. However, creditors decreased by 17% suggesting better debt management. The company meets the criteria to be considered a large company, having turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. UHY Hacker Young served as the auditor.

The company’s financial performance suggests a period of adjustment or investment. The decrease in cash reserves and increased borrowings could indicate expansion or a challenging economic climate. The auditor’s report does not mention any significant concerns, but the trend of increased losses warrants monitoring. Overall, Studwelders Composite Floor Decks Ltd remains a significant player in its sector, but it faces ongoing financial challenges.

Registered in England/Wales under the registration number 06901006, with a registered address at NP16 6UN, Chepstow, Monmouthshire, Millennium House Severnlink Distribution Centre, Newhouse Farm Industrial Estate.

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