S W Steel Trading Ltd

S W Steel Trading Ltd, based in Hengoed, UK, is a small, active company founded three years ago. With £738,301 in assets and a real address, it’s a solo-founded operation managed by one director and owner. The company is an irregular importer of iron and steel, with just one month of import activity recorded as of May 2024.

The company operates in the manufacture of tubes, pipes, hollow profiles and related fittings, of steel industries. Its website showcases a broad range of engineering, stainless, and tool steels, catering to diverse applications like agriculture, automotive, and aerospace. It also offers additive manufacturing solutions and a suite of services, including production, permits, and certifications. The Swiss Steel Group emphasizes sustainability, with a focus on green steel production and a commitment to environmental responsibility.

Financially, S W Steel Trading Ltd presents a mixed picture. Creditors have increased significantly, by 250%, reaching £390,000, while cash bank on hand has improved by 65%, now sitting at £410,000. Debtors have also risen, increasing by 120% to £320,000. Property, plant, and equipment has decreased by 20%, now at £4,600. While net assets have increased by 4.4%, to £350,000, the company’s reliance on bank borrowings is evident, with a surge of 42% in taxation and social security payable. 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 stay agile, but the increase in creditors and debt raises questions. As a small company, it is exempt from an audit, so the figures rely on unaudited statements.

The company’s focus on high-quality steel products and commitment to sustainability positions it well in the market, but managing its financial obligations will be key to its long-term success.

Registered in England/Wales under the registration number 13662083, with a registered address at CF82 6AW, Wales, Hengoed, 5 Swallowfield Drive, Penallta.

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