Sturge Industries Limited

Sturge Industries Ltd from Narrowboat Way UK: a small company, holding company, active status, founded 36 years ago, employing 28 people, holding £1,038,423 in assets, with a real address, two directors, and one owner, boasts a perfect 5.0 Google rating based on two reviews. The company regularly imports iron or steel products (66 months) and exports copper and copper products (106 months).

The company operates as Europes leading manufacturer of ball chain and metal splitting, with a long history dating back over four decades. It supplies customers across thirty countries, operating from a purpose-built factory in the West Midlands. The website highlights its expertise in manufacturing ball chain for various applications, including window blinds and sanitary uses, and also provides precision strip metal services. The company even has a showroom in Harrods, London.

Financially, Sturge Industries Ltd shows some concerning trends. Current assets have fallen by 27% to £1,000,000, while net assets have also decreased by 15% to £1,300,000. Cash reserves have declined by 30% to £350,000, and trade debtors have dropped by 38%. Bank borrowings have decreased by 24%, suggesting a reduction in debt. 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 flexible, but the decrease in equity could indicate financial pressures. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Sturge Industries Ltd appears to be a well-established business with a strong reputation, but the recent financial data suggests a need for careful management. The company’s diverse operations—from ball chain manufacturing to metal splitting—and its global reach provide a solid foundation, but the decrease in equity is something to watch.

Registered in England/Wales under the registration number 02327728, with a registered address at DY2 0XQ, Narrowboat Way, Dudley West Midlands, Unit 6, Blackbrook Business Park.

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